TeamMate+ Controls is the Controls Managment software you have been waiting for to address your financial reporting needs. The highly flexible design and dynamic working view allow for quick access to relevant data and for performing multiple activities from a single screen. TeamMate+ Controls easily manages other compliance management activities where identification, evaluation, testing and certification reporting are required.
Designed and developed with extensive input from experienced controls management software users, this Controls Management software can be used as a stand-alone solution or seamlessly integrated with TeamMate+ Audit as part of our Combined Assurance offering.
You are not forced to use a fixed, rigid hierarchy of Entity/Account, Process, Risk, Control. As such, the Auditstar Controls hierarchy can be set up to use for other types of control or compliance testing.
Our approach allows you to create a relationship between dimensions such as Entities and Processes to each instance of a risk or control.
Auditstar Controls uses a concept called a Dynamic Working View. This means you only need to be in a single screen – you have the option of changing either the Dimension being viewed or the perspective on the data – or both. You are not forced to change screens to see different information and different views.
Up to 6 separate user-defined Dimensions can be used (for example: Organization Hierarchy, Processes, Accounts, Systems, Locations)
You create the relationship between a Control and the various Dimensions
Various Perspectives on your data are available to show the most relevant details If your interest lies in the overall Control Assessment, details related to each of the identified Controls will be displayed. If you need visibility to the status of Self-Assessment completion, flip to the Self-Assessment Review perspective without leaving the screen you have open. Discover the views that work best for you by changing your Perspective within the available Dimensions.
Most organizations have an average of 2,500 Controls – if you test them quarterly, that’s 10,000 instances. Imagine if you need to edit a control that is in use in multiple areas of your organization and you realize in the first Quarter that the control has changed slightly. How many individual updates would be needed if you had to perform them all individually?
A single assessment can have multiple certifications, each with multiple signers, where you design the certification statement
Each signer can choose to electronically sign off or print, physically sign and attach their certification – or both.