Internal Control System Software

Have a holistic view of your internal control activities with top-level overview dashboards. Monitor the status and performance of your internal control initiatives by individual, team, department, business unit, or the entire organization. Conduct risk assessments, identify areas of improvement, and take action to ensure company-wide adherence to your policies and procedures.

Create a central register for all internal controls with responsibilities and relevant information. No more duplicate control activities, no more confusion. Corporater enables you to have a single source of truth for all your internal control activities.

Save time, cost, and resources by automating your workflows. With Corporater, you may set up automated workflows to route updated controls to your employees for acknowledgement. You may also schedule recurring reviews of controls and set up automated alerts and notifications for assigned tasks and past due items.

Foster a culture of compliance and accountability by keeping your employees informed about your internal control activities and holding them accountable for their tasks. Demonstrate that roles and responsibilities are properly communicated and documented. Use pre-configured management dashboards (or configure your own), where employees can monitor the status of all control activities, see their assignments, and complete tasks.

Document information requirements (and the related risk analysis and response) to help ensure that processes and controls can be executed consistently with relevant, quality information in a manner that allows continuous refinement as people, process, and technology evolve along with the organization’s objectives

Enable your internal audit department to regularly identify emerging risks in the company. Conduct internal audit and regular checks of your internal control management system to ensure efficiency of processes and that your reporting limits are up to date. Ensure that improvement measures are taken, and deficiencies are eliminated. Generate comprehensive reports on all internal control areas, continuous application of measures, and compliance with integrated controls.

Generate and distribute comprehensive internal control reports in a variety of popular formats including Word, Excel, PPT, and PDF. Create a standardized reporting process based on concrete responsibilities, periodicity, thresholds, and reporting formats. Set up immediate deployment of reports for urgent internal control matters to ensure the Management Board and / or executive party is promptly notified.

Corporater Internal Control solution can be further extended to other areas of business management including governance, performance, and compliance, all within the same system. Easily integrate Corporater solutions such as Risk management, Internal Audit Management, Regulatory Compliance Management, Performance Management, and others. Connect all your business units, standardize processes, and function more efficiently as a connected enterprise.