Controls: Controls Management
Control management refers to setting standards, checks and measuring the actual performance and exercising corrective action. The organization needs to install processes and guide the teams to achieve progress and move towards established goals. The major aim for installing control function is to make progress towards organizational goals. An assessment is done to establish the risks involved, necessary controls are implemented to tackle and mitigate the risks. The manager monitors the effectiveness of the controls by measuring their performance, if the performance is not satisfactory, then changes are introduced. Controls help organizations achieve their goals and manage the functions effectively and manage compliance with standards and regulations.
Controls Management with VComply
VComply is a powerful compliance management platform with a pre-built internal control framework. VComply comes with capabilities to create controls, assign them to assignees, measure and review the performance, and bring in oversight to hold the responsible people accountable. Use the linked controls feature to instantly assign controls if risk assessment identifies gaps in the system. VComply manages the coordination between different stakeholders on fulfilling the compliance obligation and sends notifications and reminders. C-level executives will have better visibility and understanding of the functioning of the organization with VComply’s performance dashboard, and compliance reports.
PRODUCT CAPABILITIES
Manage controls and
achieve compliance
objectives
- Automate the control assignment, delegation, review, notification and evaluate the organization’s control effectiveness
- Use the control workspace to collaborate with other stakeholders, associates files, evidence or proof
- Leverage the library of pre-built compliance and control framework and regulations
PRODUCT CAPABILITIES
Mitigate risks with corrective action
- Automate your risk assessments and identify gaps
- Link controls to risks and implement risk reduction methods
- Map policy and content to frameworks, auto generate reports
ISO
VComply helps you make your ISO compliance process easier with prebuilt applications with ready-to use internal controls.
PCI DSS
VComply provides customers with a repository of controls mapped to the PCI Framework requirements.
GDPR
VComply offers an integrated framework to implement and manage data privacy regulations such as GDPR.
SOX
VComply’s SOX compliance solution provides a framework for managing the complex requirements of SOX requirements.
CCPA
VComply brings together risk management, compliance, audit and policy practices. It provides a centralized framework to implement consumer privacy regulations such as CCPA.
Task Management
Comply automates compliance processes in an organization and goes further to offer integrated risk assessment and policy management programs.
NIST
VComply enables organizations to map their data and efficiently implement controls to track and manage compliance with NIST standards.
COSO Framework
VComply supports COSO Framework and helps organizations design and implement internal controls so that they can focus on adhering to laws, and compliance and improve the effectiveness of the organization.
Regulatory Compliance
VComply’s Regulatory Compliance Solution helps you stay up-to-date and compliant by implementing measures, processes, and policies.
Internal Audit
Disruptions, threats, uncertainty, and changes are part of today’s organizations. Companies need a resilient approach, frameworks, and mechanisms to bounce back when dealt with unexpected risks.
Policy Management
Clear and actionable policies are integral to good governance of any organization. Policy management is a comprehensive process that is aimed toward ensuring that the various parts of the organization work…
