FloQast Compliance Management is a GRC solution that integrates controls into business processes for proactive risk management, enhancing business performance and reducing non-compliance risks. It brings together all three lines of defense into a single platform, connecting your GRC landscape to FloQast business processes for real-time control execution. FloQast offers centralized workflows for management, compliance, and internal audit teams to enhance control monitoring, collaboration, and efficiently design, manage, test, and remediate internal controls. The platform provides real-time visibility into risks with ineffective controls through centralized dashboards, offering a complete view of organizational risk health at both organizational and process levels. It supports synchronized RCM to flowcharts and narratives, continuous control capture, testing automation, and multi-framework support.

Features:

• Enhance Transparency: Demystify your control framework by promoting transparency in how risks are managed through controls that are readily visible and accessible across your teams.
• Integrate Controls: Embed controls into critical business processes to push accountability to control owners and ensure clear visibility into control ownership and execution.
• Streamline Audits: Reduce your audit burden with centralized audit evidence, testing, and remediation, automating your PBC process for better transparency, collaboration, and assurance.
• Proactive Risk Management: FloQast provides a single platform for reviewing risks, documenting changes, and visualizing their impact with automated heat maps. Through centralized dashboards, management gains real-time visibility into risks with ineffective controls, offering a complete view of organizational risk health at both organizational and process levels.