to Improve Your Business Controls.
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Compliance regulations have forced business executives to focus more of their time on business controls for areas such as financial reporting, privacy compliance, and IT management. However, the compliance process is a labor intensive activity that includes collecting information, measuring it and reporting results. At Fyros Technologies, we build end-to-end assessment frameworks to automate the compliance process, reducing costs and cycle times for conducting an assessment period. As assessments are conducted, management has access to real-time summary reports and risk analysis for better informed decision making. Fyros assessment tools provide a cost effective approach to identifying compliance gaps, tracking changes and providing summary reports in support of your governance process. The result: reduced risks through better business controls. |
Key Highlights • Automated assessment for reducing the cost of conducting a compliance process. • Real time compliance results for quickly identifying exposures and risk. • Track compliance gaps in real-time for better decision making. 
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Spotlight Business Controls Assessment Framework
A Spotlight assessment environment for business controls is composed of the front-end assessment tool, and back-end reporting services and administrative functions.
Assessment Highlights
- Instant feedback for end-user
- Automatically assign and track action items to close compliance gaps
Reporting Highlights
- View key metrics and summary statistics online
- Executive summary reports can be automatically e-mailed out periodically
Administration Highlights
- Centralized administration interface
- Manage user permissions and configure executive reports
Assessment Tool
The front-end assessment tool is used to capture data in order to assess levels of compliance for determining areas of potential risk. It will provide instant analysis to the end-user and automatically assigns action items that need to be completed in order to close identified gaps between your current state and desired state. Users are able to re-log into the tool to update their assessment as their situation changes or action items are completed.
Reporting Tools
Reporting tools are used to manage the compliance process and ensure that up-to-the-minute data is available for decision-makers. Our powerful assessment monitor web application is used to analyse data collected by the assessment and to view summary metrics and statistical data. Executive summary reports can be viewed online or automatically e-mailed out periodically. Automatic notification e-mails can be sent to management based upon your business thresholds, such as high-priority exposures that need to be addressed immediately.
Administration
Web-based administration tools are available to configure the summary reports and manage user permissions for who is allowed to use the assessment tool, receive summary reports, and access different features of the monitor application.