With this release we are now able to support you when revisiting risk assessments and allowing you to sign off on the final applicable version. We have also added on to existing functionalities, when you are re-scheduling multiple controls in bulk, and in the way you work with controls with larger data sets.
Risk assessment review flow and sign off
Risk exposures change over time, and our customers typically re-assess their risks on yearly or bi-yearly intervals. In addition, you may divide the work when carrying out a risk assessment, with one team member recording the risk assessment results and another member signing off on the final version of the risk assessment.
With the current release it is now possible to specify for each individual risk, whether the assessment has been finalized or is still work-in-progress. If you mark a risk as “assessed” it will also lock the risk for editing.
In addition, this new functionality provides proof of who has signed off on the risk assessment reinforcing who has clear ownership over it.
Working with large datasets has become simpler
You may be working with controls that involve large data sets such as balance sheets in connection with closing operations or DAC6 or country-by-country tax reporting. With large data sets the risk of recognizing errors can be difficult without the correct visualization.
With the new release you can enlarge the view of your datasheets and push them into “full-screen mode”, simplifying the way you work with large amounts of data and reducing the risk of errors.
Auditability of risk assessment with log of changes
In the previous release we built the historic data functionality which grants you access to past versions of risk assessments, allowing for auditable documentation and to gauge the evolution of your risks over time.
Building on this feature, you are now able to see the full trail of changes on a single risk assessment. This can be done by accessing the log tab under the single risk assessment and seeing a time stamped record of all the changes to the risk assessment. You now profit from a full audit trail on level of the control module and on level of the risk module.
As previously announced, in the next coming months and up to summer we will be working on allowing our customers to integrate other applications with Impero. We will start off by allowing you to retrieve your data from Impero and use it in your business intelligence, dashboarding or reporting tools. We will then move on to allow you to integrate your systems with Impero and activate Impero functionality from other tools.
Pssst… Did you know that?
You can enable single-sign-on (SSO) on Impero so that your colleagues do not need to input their password to login? More than half of our customers already use this feature that both improves security and supports a smoother user experience. Contact our support team to help you activate the SSO login.