Newsroom / Business / Corporations / Runbook Company adds new functionality to its Internal Control suite

Runbook Company adds new functionality to its Internal Control suite

In co-development with the Dutch Ministry of Defense, Runbook released two new innovations in its Runbook Internal Control suite, IC Task Manager and IC Controller.
Cambridge, MA, United States of America (prbd.net) 04/01/2011
In co-development with the Dutch Ministry of Defense, Runbook released two new innovations that demonstrate the company's ongoing commitment to improving the reliability of financial figures for global companies. These new features include board level solution reporting based on the Runbook Internal Control suite, IC Task Manager and IC Controller.

Customers, such as Procter & Gamble, Shell and Adidas, choose Runbook to execute and manage their internal controls, ensuring these are in line with regulatory requirements and will be executed in a timely manner. These solution reports enable real time reporting, essential to stay on track with board level risk management.

Herman Heller, CEO Runbook Company: “The ability to decentralize control responsibility and execution is the key to a full-fledged risk management system, our IC Controller is linked to corporate process controls at board level and therefore required by every CFO”.

The Runbook IC Task Manager is a reporting solution that monitors the progress, execution and remediation of controls across the entire organization. The Runbook IC Controller will not only monitor the progress but will also enable interactive top down integration of the control process.

Key Benefits
- Monitoring the progress of the entire business control framework
- Easy access to detailed and global perspective
- Control evidence is accessible at any level in order to create a digital audit trail
- Multiple level solution mapping of the organizational structure
- Launch is available from any level in the process to obtain the right information, top-down and bottom-up
- Real time insight into other IC characteristics such as risk areas, BSI and IC goals

For more information please contact Jolanda Geerts (marketing manager), jolanda.geerts@runbook.com or visit our website http://www.runbook.com/en/about_us/press_releases/a/85/runbook-company-adds-new-functionality-to-its-internal-control-suite/.

About Runbook Company International
Runbook helps CFOs manage their financial closing process in SAP to ensure consistency, transparency and compliance. We do this by mapping our clients' closing procedures into our software, which then automates the process, providing repeatability, control and confidence.

Organizations who have implemented Runbook have been able to successfully reduce cost and improve quality through the automation of recurring financial processes.

Runbook clients include Adidas, Akzo Nobel, Alliander, Crucell, Deloitte, DSM, Dutch Ministry of Defense, Heineken, Novartis, NXP, Océ, O-I, PCK, Philips, Procter & Gamble, Wärtsilä, Sabic Europe, Sandoz, Shell and Wolters Kluwer. Runbook Company is a certified SAP Software Partner.

About

Runbook helps CFOs manage their financial closing process in SAP to ensure consistency, transparency and compliance. We do this by mapping our clients' closing procedures into our software, which then automates the process, providing repeatability, control and confidence. Organizations who have implemented Runbook have been able to successfully reduce cost and improve quality through the automation of recurring financial processes. Runbook clients include Adidas, Akzo Nobel, Alliander, Crucell

Contact

michele van rossum

One Broadway
Zipcode : 02142
617 401 2190
michele.vanrossum@runbook.com
http://www.runbook.com