ACL, which provides software to address risk, fraud and performance, has won three awards recognizing its achievements in strategy and performance management, compliance management and audit management.
The prizes were presented by research company GRC 20/20 at the 6th Annual GRC Innovation Awards, which recognize technology innovations and user experience in governance, risk management, and compliance (GRC) programs and processes. This is the second time ACL has received three GRC 20/20 awards in one year.
In the strategy and performance management category, ACL’s Strategy Solutions product won. The solution provides a centralized view for executive management to track how various organizational activities are affecting enterprise risks, and to link those risks to strategic objectives. The platform is designed to help highlight both risks and opportunities, driving strategic decisions, assurance, financial forecasting and predictive analytics.
ACL’s Compliance Maps took home the prize in compliance management. Compliance Maps is made for compliance professionals to aggregate controls into one framework, so they can gain visibility into which areas have sufficient coverage and which have possible gaps. Users get oversight of compliance processes across the organization.
ACL’s Smart Timesheets won top honors in the audit management category, providing an auto-populated activity log in the ACL platform and capturing the footprint of an audit, SOX or compliance professional’s work in the system. The solution then prompts the auditor to log their time to activities, with the ability to capture both project- and non-project-related time.
“We’re thrilled to be recognized by GRC 20/20 for our innovations in such important business areas,” stated Dan Zitting, chief product officer at ACL. “Every organization, no matter the size or industry, benefits from data-backed, risk-assured strategic decision-making. Add in streamlined performance measurement and more efficient compliance, and our solutions ensure risk professionals can spend more time on high-value activities and providing strategic guidance to help their organizations meet their goals.”
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