Vibato Internal Control Suite - Foundation
Your CPAs keep talking about the importance of internal controls, but your small company does not have an internal audit department or the budget for a big consulting engagement. Get a complete, affordable internal controls system that will please your auditor – and take your business to the next level – with Vibato Internal Control Suite™ Foundation.
How You Will Benefit
- Save time. Get a complete internal control system for your small business in days, not months.
- Save money. Everything needed to meet your internal controls needs - in an affordable, scalable package that does not require integration with your ERP system.
- Improve audit management efforts. Get the tools you need to instill an audit-oriented culture in your finance department. Lower the cost and disruption of preparing for your audit and keep your audit in-scope.
- Improve risk management efforts. Proactively manage your financial risk so you can grow your company.
Key Features
The Foundation package includes:
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Integrated Risk Assessment tool with year-over-year results and analysis capability.
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One Process Cycle containing up to 30 controls selected from the internal control matrix of best-practice controls across all business areas.
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Integrated Segregation of Duties tool analyzing up to 304 potential conflicts.
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Policies and procedures documents, attestation forms, and all other documentation needed to support your selected controls.
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No integration with ERP systems required.
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MS-Office based.
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Intuitive approach accelerates implementation and maintenance efforts.
Ideal For...
The Foundation package helps shell companies, startups, nonprofit organizations, and other small public or private companies:
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Achieve SOX compliance before going public or crossing the accelerated filer threshold.
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Improve competitive position before a merger or investment bid.
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Provide financial transparency to stakeholders - investors, board members, customers, donors.
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Strengthen corporate culture around financial integrity and the importance of internal controls.
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Establish internal controls to prevent the fraud and mistakes that often plague small business.