Complyance Features

Track usage per company, custom time period, or contract

Track payments received for products that haven't be delivered yet

Recognition rules to accrue revenue on a daily or monthly basis

Provide rules that can be used to validate audits based on predefined criteria.

Provide out of the box audit templates and forms for various processes and industries.

Displays all the changes made during audits, including details such as username, timestamp, or type of change.

Create and maintain a library of regulatory content for compliance purposes.

Ability to maintain regulatory content and documents up to date.

Include models and tools to perform internal tests that simulate regulatory controls.

Estimate the impact of regulatory changes on the operations of the company.

Identify various risk factors such as the inadequate use of technology, human factor, or external risks.

Ability to classify risks based on risk type, severity, and custom criteria.

Support for various methodologies and frameworks for risk management.

Monitor risk management performance against goals and objectives.

Users can assign scores to suppliers based on the estimated risk of doing business with them.

Track vendor performance using supplier data such as a history of transactions and contracts.

Ability to create and compare recovery plans using standard out of the box templates.

Includes a library of procedures and standard plan templates.

Procedures to implement crisis management plans and actions.

Delivers APIs and standard integrations with other software systems.

Complies with security and privacy regulations and standards.

Allows users to access the software using mobile devices.

Facilitates software configuration without the need for technical experise.

Assists customes through all the phases of the implementation process.

Provides software users with training courses and learning content.

Delivers customer and technical support, directly or trough partners.

The vendor provides consulting services such as business process reengineering.

Users can assign scores to suppliers based on the estimated risk of doing business with them.

Utilize artificial intelligence to analyze third party risks.

Manage and enforce internal policies related to vendor risk management and controls.

Provide workflows to mitigate risk and escalate issues proactively.

Send alerts and notifications when corrective actions are needed to address supplier risk.

Include reporting templates for activities such as audits and vendor evaluation.

Consolidate data from multiple systems that manage supplier information.

Provide a 360 view of suppliers which can be shared with internal or external users.

Allows users to generate text based on a text prompt.

Condenses long documents or text into a brief summary.

Allows users to generate text based on a text prompt.

Allows users to generate text based on a text prompt.

Condenses long documents or text into a brief summary.

Displays all the changes made during audits, including details such as username, timestamp, or type of change in a centralized repository.

Coordinate and track recommended remediation actions.

Facilitates collaboration between teams and stakeholders through shared workspaces.

Integrates with risk management platforms, GRC tools, and other systems.

Facilitates the creation of audit plans, schedules, and reminders.

Provide out of the box audit templates and forms for various processes and industries.

Dashboard provides real time or near real time updates and notifications in a centralized location.

Provide information on the performance of the audit activities and processes.

Ensures audits are compliant with industry-specific regulations and standards.

Can analyze patterns and trends in security data to predict potential compliance risks.

Can automate the creation of compliance documentation by quickly generating accurate and comprehensive reports.

Utillizes AI to monitor and report on incidents in real-time.

Capability to perform complex tasks without constant human input

Ability to break down and plan multi-step processes

Improves performance based on feedback and experience

Makes informed choices based on available data and objectives

Makes informed choices based on available data and objectives