Lower Costs, Increase Compliance, and Create a True Governance Asset
Many organizations struggle with effectively managing the complexities of Governance, Risk, and Compliance. Undefined methodologies, lack of information, disconnected business elements, and inadequate reporting are inherent problems.

Today, Vital Insight is helping leading organizations to achieve compliance and improve financial control processes, quickly and cost-effectively. Our Governance Insight™ platform has best practices embedded into the software and provides organizations with an easy-to-use set of tools that can help customers to:

• Reduce compliance and risk management costs
  
• Ensure regulatory compliance
  
• Create a scalable, effective foundation for risk management, governance, and control
  
• Simplify, automate and streamline reporting
  

Our Governance Insight platform can help organizations implement and optimize risk management, governance and control processes. Six fully integrated modules build on core platform functionality, optimizing process and control management, risk analysis, project management, and reporting.

The modules include:

• The Organizational Structure module provides a powerful way to organize and manage internal controls data. Designed to be extremely flexible and scalable, it can support and represent the design of any organization. The module’s familiar “tree-like” architecture enables users to easily create, change, and manage data.
  
  
• Our Documents and Deliverables module enables users to complete and review data while maintaining restricted change control. Coupled with a robust and configurable workflow, it helps maintain complete audit trails, versioned archives, and allow management to oversee the status and schedule of projects.
  
  
• The Controls Monitoring module provides a complete framework to help govern control processes. Controls can be easily established by providing a few simple preferences. Once preferences are defined, the module begins reminding users of pending work and reviews, notifying management of delays, collecting evidence of completion, and maintaining workflow.
  
  
• Our Risk Assessment module offers the ability to quickly import financial statement data and easily associate financial accounts or reporting items to business cycles, processes, and controls within your organization. This streamlines administrative tasks and helps users focus efforts on higher business value activities.
  
  
• The Standards and Policies module allows users to easily create and manage an policies, objectives, regulations, and other requirements. Users can manage this information within Governance Insight or link to existing policies. Organizations can assign owners and reviewers, manage deadlines and review cycles, and align policies with business processes and controls to ensure compliance.
  
  
• Project Management provides management with the key tools necessary to manage projects and resources. Using this module, organizations can create and manage individual projects, and gain top-down visibility into project timelines, testing statuses, and resource workloads.