Enterprise risk management software provider Protecht has released a new controls management solution which it says helps organisations to design, implement and maintain a robust controls framework to aid compliance and operational efficiency.

Protecht’s controls management solution has been designed to address the challenges faced by risk and compliance leaders in managing controls across complex regulatory environments. By integrating controls management into the organisation’s broader ERM framework, the tool aims to provide a centralised approach to mitigate risks and achieve compliance.

Key features include a centralised controls library for all control data, as well as simplified control testing with pre-built templates, automated scheduling and real-time tracking of progress and results. It also offers a framework library for mapping between controls and multiple regulatory standards to eliminate redundancies and simplify compliance efforts. Advanced reporting and dashboards provide real-time insights into control effectiveness and areas requiring improvement.

Damien Stevens, chief product and marketing officer at Protecht, said: “Protecht’s controls management solution simplifies the way organisations handle compliance and risk assurance. By integrating controls into the broader enterprise risk framework, we provide our customers with the tools they need to mitigate risks, optimise efficiency, and align their control environments with their strategic objectives.”

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