Add digital power to your operations and audit team with
Claptek’s VUEFRAME Advanced CCM & RM solution exponentially increases the efficiencies and effectiveness of your operations and audit departments by analysing data for exceptions and making intelligent inferences.
Claptek’s Vueframe analytics suite is intended to help the citizen data scientist role and give organizations instruments clients will need to take on and direction and auto-recommendations that will lead business users to the right decisions, tackle issues and recognize opportunities to further develop business results. Continuous Controls Monitoring is a vital part of governance, risk and compliance that assists an enterprise with further developing its overall risk management. CCM helps to lessen business misfortunes and audit costs through continuous monitoring and evaluations of the controls in risk management. In any case, checking that those tools are designed accurately, lined up with security frameworks and guidelines and proceeding as expected is very troublesome and tedious.
Read MoreThe objective of continuous monitoring and the reason that organizations carry out continuous control monitoring and risk management solution is to expand the visibility and transparency of organization action, particularly anomalies and to mitigate the risk with a timely alert framework. With exceptionally automated and continuous control environments, real-time recognizable proof of issues, quick course rectification and ideal resource distribution for testing and monitoring controls permit the management to focus on driving growth and development. It helps in the identification of anomalies, exceptions, inconsistencies and different factors to all the more proficiently focus on audit resources. Continuous control Monitoring and risk management provide the board and executives with data on key performance measurements in close to real-time, permitting them to have better knowledge of issues as they arise, in this manner, working on their capacity to manage risks and bring new opportunities.
VUEFRAME Advanced CCM & RM is a comprehensive framework designed to help your organisation leverage digital power to effectively manage internal audits and meet strategic goals.
Challenges
- Spreadsheets are still used which are not easy to consolidate
- It's hard to differentiate critical findings from normal ones
- Manual follow-ups with business users for exceptions closure
- Non-availability of risk rankings in a visual format
- Some exceptions are still handled by auditors instead of business users which is time consuming
Claptek’s VUEFRAME Advanced CCM & RM adds the power of digital to your audit teams to focus on key and high-risk areas minimising hours of routine follow-ups bringing better results.
The primary benefit of VUEFRAME is that it automates exceptions and sends it directly to business users saving auditors time to follow-up.
Gets you the control of the complete audit lifecycle through a consolidated system making it easy to manage the end-to-end audit process.
Supports better decision making by identifying emerging risks, documenting the full trail of audit activity and improving transparency & collaboration.
Claptek’s VUEFRAME Advanced CCM & RM – Key Capabilities
It adds the force of digital to your audit team to focus on key and high-risk regions by limiting long stretches of routine subsequent follow-ups by bringing better outcomes.
Auto data extraction from different sources with approval checks and reconciliation with the framework.
Configurable workflow process and the rule-based task of identifying anomalies for business users or auditees.
Anomalies tracker and pattern investigation controlled by insight proposing restorative activities. AIML Powered – Exception Classification and business rule refinement.
Gives an all-encompassing and more extensive perspective on risk including risk factors and parameters risk scoring.
Tight incorporation with other risk and control capacities all through the organization
and consolidates strong examination with extensive reports for better navigation.
Comparison Table
Our Solution Render | VUEFRAME | Other CCM Solution |
Organization Agnostic | ||
Configurable Workflow | ||
Auto bot Capabilities | ||
Conditional Response | ||
Rule-basedAllocation | ||
AIML Integration | ||
BULK Upload-Based Response | ||
User-friendly Business rule configuration | ||
Intuitive Exception Dashboards | ||
Risk classification | ||
Raise to the business user |
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Latest blog posts
Insights, trends, challenges, opportunities and talking points from Claptek thought leaders for risk and compliance professionals to do their jobs easier, faster, and more effectively.
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3 reasons to re-evaluate the Business Performance Management practices
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5 benefits of risk management
Continuous monitoring with complete support from Claptek’s iDT (Digital Twin) in the Insurance Sector
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