Successful organizations need tools to quickly and easily address concerns around potential or actual exposures and issues that arise from compliance, audit, and risk reviews. The action plans to mitigate these issues must also be managed, including follow-up tasks, meetings, incident tracking and other monitoring activities. Audit best practices show that issues and related action plans are tracked most efficiently and effectively in a centralized issue and action tracking software application that provides an ability to assign tasks, incident tracking, notification and reporting. The BPS Resolver Issues and Action Tracking Solution creates accountability and transparency by supporting the real-time identification, follow-up and closure of issues and action plans across the enterprise. Auditors use the software to identify and report audit findings. Compliance officers identify issues for failed control tests and ensure that there are appropriate follow-up plans. Operational risk managers use the software to log and track loss events and support regulatory investigations.
The BPS Resolver Issues & Action Tracking software solution (IAT) enables team members to manage issues and action plans across the enterprise. The IAT Solution enables the identification, allocation, prioritization, sizing, scheduling, additional testing and monitoring of issues and action plans, and uses many features found in BPS Resolver GRC Cloud to create meaningful cause-and-effect relationships between issues, action plans and other risk-based activities. Understanding these relationships enables auditors and risk managers to locate systemic root causes of risk management failures.
BPS Resolver’s issue and action tracking software can be used on its own or in conjunction with other solutions and products in BPS Resolver’s GRC Suite.
- Read the NERC Compliance fact sheet
- Read the Issues and Actions Tracking fact sheet
Read More About:
- Why you should talk to BPS Resolver
- SaaS Deployment
- Onsite Deployment
- Implementation Services
- Product Configurability
- Integration
Contact Us
To request more information about BPS Resolver Issues & Action Tracking, contact us now. To speak with a BPS Resolver representative, call us at 1-888-891-5500 or +1 416 622-2299.