Overview
OpenPages Financial Controls Management
Reduces the complexity associated with complying to global financial reporting regulations. OpenPages Financial Controls Management 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.
What does the product module do?
Central source for financial controls data
Provides a central source for all financial controls and compliance data including entities, processes, risks, controls, tests and test results. Delivers a holistic view of financial controls and regulatory compliance activities by leveraging dependency mapping and the sharing of process documentation, as well as associated risks and controls.
Business intelligence and decision support
Gives executive management transparency into the state of compliance with rich, interactive dashboards and dynamic reports. The dashboards are easy to configure and provides the user with insightful visuals of data relationships, planning activities and daily tasks.
Unified compliance process
Automates the ongoing 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.
How it works
Financial controls management demo
IBM OpenPages Financial Controls Management: Demo (04:53)
Financial controls management demo
Watch this demo to learn how to reduce the complexity associated with complying with global financial reporting regulations.
Issue review workflow
Issue review workflow
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.
Calculation engine
Calculation engine
The calculation engine provides the capability to tailor OpenPages Financial Controls Management to business requirements and processes.
Agile UI
Agile UI
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.
Other product modules
Automate your GRC processes with ease
IBM OpenPages Operational Risk Management
Automate the process of identifying, measuring, monitoring, analyzing, and managing operational risks.
IBM OpenPages Regulatory Compliance Management
Drive efficient end-to-end regulatory compliance management.
IBM OpenPages Model Risk Governance
Demonstrate strong model governance, reporting and compliance.
IBM OpenPages IT Governance
Obtain a holistic view of IT risks and map them to business processes.
IBM OpenPages Internal Audit Management
Automate and manage internal audits and conduct broader risk and compliance management activities.
IBM OpenPages Business Continuity Management
Prepare your enterprise for business continuity and protect employees in the face of disruptive events.
IBM OpenPages Third Party Risk Management
Mitigate risks and improve business results with each of your vendors.
IBM OpenPages Policy Management
Keep your policies and procedures up to date with your internal and external obligations.
IBM OpenPages Data Privacy Management
Break down silos between IT and compliance for complete data privacy and governance.