PROTECHT.ERM

In the planning phase:

• Risk Assessment: Quickly view the risk and control assessments for departments to understand the key risks and support risk-based auditing. 
  
  
• RiskInMotion: See connected information (#RiskInMotion) to form an opinion as to how well the risk is being managed. For example, a large number of control test failures, incidents and metrics outside of the expected operating range for a key risk would direct activities to that area or process.

In the execution phase

• Audits: Capture completed audits and workpapers with overall audit scores in the one application.
  
  
• Notifications for findings: Automated email notifications for findings, and live analytics of outstanding issues allows you to focus on interpretation of your internal audits.

In the reporting phase

To support the management and reporting of internal audit findings:

• Central Libraries: You can connect your findings to the central libraries of risks and controls, allowing your key stakeholders to get a better understanding of movements in the divisional risk profiles from findings in third line activities. 
  
  
• Advanced Workflows: Findings can be stored centrally and automatically workflowed to issue owners for updating comments and actions. No more manual distribution of spreadsheets via email.
  
  
• Complete Reporting: Live dashboards visualising open/overdue findings by severity, division, controls and risks are available to streamline reporting to risk and audit committees.