Reduce the cost and complexity of compliance with Sarbanes-Oxley and financial reporting regulations with IBM OpenPages Financial Controls Management.
The OpenPages Financial Controls Management module makes compliance procedures more effective and efficient. These tools provide decision-makers with transparency into the state of financial controls and confidence that financial compliance demands are being addressed.
Provides a central source for all financial controls and compliance data including entities, processes, accounts, risks, controls, tests and test results. Delivers a holistic view of financial data and compliance activities by leveraging dependency mapping and the sharing of process documentation, as well as associated risks and controls.
Provides executive management with transparency into the state of compliance with rich, interactive dashboards and pre-built, out-of-the-box reports. The dashboards are easy to configure and provide the user with insightful visuals of data relationships, planning activities and daily tasks.
Automates the ongoing scoping, test, review, certification and remediation process to help organizations meet their financial compliance obligations. It also supports gap analyses to identify vulnerabilities and opportunities for improvement.
Design, configure and administer workflows to provide users with relevant information. Use workflows to manage financial reporting and compliance activities, assign tasks and notify stakeholders.
The calculation engine provides the capability to automate and tailor business requirements, processes and scoping activities.
The task-focused UI promotes data accuracy. Views may be customized to align with the organization’s document structure and to visualize data in charts and structured formats.