Overview
What is Satori CCM?
Satori CCM is a solution designed to provide continuous control monitoring for organizations of various sizes. According to the vendor, this platform helps organizations identify control, procedure, process, and policy breaches in real-time, reducing the need for manual checks and offering insights...
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- Tech Details
What is Satori CCM?
Satori CCM is a solution designed to provide continuous control monitoring for organizations of various sizes. According to the vendor, this platform helps organizations identify control, procedure, process, and policy breaches in real-time, reducing the need for manual checks and offering insights into business improvement opportunities. Satori CCM is said to be used by finance professionals, internal auditors, shared services teams, governance, risk, and compliance professionals, procurement professionals, as well as human resources and payroll professionals across different industries.
Key Features
Continuous Control Monitoring: According to the vendor, organizations can automate the monitoring of key controls, identifying breaches in real-time and reducing reliance on manual checks.
Filters out the true exceptions: The vendor claims that the system focuses on delivering high probability and high payoff exceptions, potentially saving time by reducing false exceptions.
Remediate the root cause of a problem: The vendor states that the platform provides visibility on resolving and remediating issues, offering a customizable workflow engine for moving from loss recovery to loss prevention.
Continuous Improvement: According to the vendor, the system aims to provide improved controls, reassurance, and rapidly decreasing data exceptions, helping decision-makers identify reasons for exceptions and take appropriate actions.
Automated Masterfile Data Governance: The vendor claims that organizations can continuously monitor master file data, aiming to improve data quality, reduce errors, inefficiencies, and potential fraud.
Conflict of Interest Monitoring: According to the vendor, the platform aims to provide a greater level of assurance in managing conflict of interest and collusion risks, utilizing a data-driven approach to monitor risks within the organization.
Automated Corporate Fraud Prevention: The vendor claims that the system helps organizations reduce fraud risk by monitoring policy, process, and control compliance, leveraging AI and machine learning techniques to detect suspicious activities in real-time.
Automated Anti Money Laundering Monitoring: According to the vendor, the platform aims to reduce exposure to fraud, financial crime, and regulatory non-compliance by analyzing transactions in real-time using AI and machine learning techniques.
Payment Times Reporting Scheme Management (PTRS): The vendor states that the system can automate the PTRS reporting process, ensuring compliance and optimization of SME spend.
Satori CCM Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Unspecified |