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    Product Sheet - Internal Controls Management

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    Daniel lewis
    This document discusses internal controls management software that can automate manual and repetitive internal controls work to reduce costs and increase assurance. The software allows organizations to centrally manage control testing and workflows, improve risk assurance and compliance, and increase management and investor confidence through features like automated controls testing, centralized risk and control libraries, and reporting and certification functions. It highlights how the software provides 100% data coverage, management confidence in data-driven decisions, and continuous monitoring for better assurance and improved processes.

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    Product Sheet - Internal Controls Management

    Uploaded by

    Daniel lewis
    15 views2 pages
    This document discusses internal controls management software that can automate manual and repetitive internal controls work to reduce costs and increase assurance. The software allows organizations to centrally manage control testing and workflows, improve risk assurance and compliance, and increase management and investor confidence through features like automated controls testing, centralized risk and control libraries, and reporting and certification functions. It highlights how the software provides 100% data coverage, management confidence in data-driven decisions, and continuous monitoring for better assurance and improved processes.

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    Product Sheet- Internal Controls Management

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    This document discusses internal controls management software that can automate manual and repetitive internal controls work to reduce costs and increase assurance. The software allows organizations to centrally manage control testing and workflows, improve risk assurance and compliance, and increase management and investor confidence through features like automated controls testing, centralized risk and control libraries, and reporting and certification functions. It highlights how the software provides 100% data coverage, management confidence in data-driven decisions, and continuous monitoring for better assurance and improved processes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    15 views2 pages

    Product Sheet - Internal Controls Management

    Uploaded by

    Daniel lewis
    This document discusses internal controls management software that can automate manual and repetitive internal controls work to reduce costs and increase assurance. The software allows organizations to centrally manage control testing and workflows, improve risk assurance and compliance, and increase management and investor confidence through features like automated controls testing, centralized risk and control libraries, and reporting and certification functions. It highlights how the software provides 100% data coverage, management confidence in data-driven decisions, and continuous monitoring for better assurance and improved processes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    INTERNAL CONTROLS MANAGEMENT

    Cut the Cost & Complexity of Internal Controls

    Software to reduce costs and increase assurance by automating your manual and repetitive internal
    controls work.
    Managing your internal controls like SOX, ITGC, ICFR and OMB A-123 is complicated, and spreadsheets and
    other legacy tools are inefficient and don’t deliver the assurance you need.
    By centrally managing and introducing automation to control testing and workflows, assurance is improved
    and the workload can be more evenly distributed. Risk assurance is improved, compliance is achieved, and
    the C-suite and investors are more confident.

    Why Choose Internal Controls


    Management? “We’ve recognized quite a big improvement
    • Reduce costs by minimizing duplicate work, rationalizing in the reliability and consistency of the
    low-risk or non-key controls, and harmonizing controls controls, but also the efficiency of the
    that comply with multiple regulations
    processes underlying them.”
    • Engage process owners and the first line of defense to
    test controls and remediate issues in a single platform Jason A. Gross,
    • Save time with pre-built templates and frameworks CPA, CIA, CFE, CISA, ACDA VP, controls management,
    Siemens Financial Services, Inc.
    • Share real-time updates on compliance issues,
    remediation tasks and certification status
    • Increase management and investor confidence

    Control Professionals Are Seeing Results with Internal Controls Management

    Continuous
    Management Automation for
    monitoring for
    100% data coverage. confidence in stronger financial and
    better assurance and
    data-driven decisions. operational controls.
    improved processes.
    Figure 1: Mission control.

    Highlighted Features Centralized Risk & Control Library


    1. Build a risk and control library by importing
    Controls Testing & Oversight
    information from Excel, or use built-in SOX COSO
    1. Get a dashboard view into control status: what’s and SOX ITGC frameworks.
    been tested, what hasn’t, what’s operating effectively 2. Rationalize low-risk or non-key controls.
    and what isn’t.
    3. Harmonize controls that comply with multiple
    2. Build automated workflows to engage process regulations.
    owners and the first line of defense to help test
    controls, and identify and remediate issues. Reporting & Certification
    3. Pull data from business applications like SAP, Concur 1. Generate reports for management, PMO or external
    and Salesforce to automate control testing wherever auditors—by entity, process, control status, or issues.
    possible.
    2. Demonstrate to your CEO and CFO that cross-
    functional leaders have reviewed testing results and
    have subcertified for SOX 302.
    3. Get a real-time assurance report card.

    About DiligentTM
    Diligent created the modern governance movement. As the leading governance, risk and compliance (GRC) SaaS company, we
    serve 1 million users from over 25,000 customers around the globe. Our innovative platform gives leaders a connected view
    of governance, risk, compliance and ESG across their organization. Our world-changing idea is to empower leaders with the
    technology, insights and connections they need to drive greater impact and accountability – to lead with purpose.

    For more information or to request a demo, contact us today:


    Email: [email protected] | Call: +1 877 434 5443 | Visit: diligent.com
    © 2022 Diligent Corporation. “Diligent” is a trademark of Diligent Corporation, registered in the US Patent and Trademark Office. “Diligent Boards” and the Diligent logo are trademarks of Diligent
    Corporation. All third-party trademarks are the property of their respective owners. All rights reserved.

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