For the CFO & Board
Compliance spend you can interrogate
Assurance is a spend line like any other, and it should be interrogable like any other. Every figure in Compli-Once drills to the control, the evidence, the owner and the date.
Questions you can answer on demand
- What is the trend in residual risk over the last four quarters?
- How many corrective actions are open, how many overdue, and who owns them?
- Which regulatory obligations are not yet fully covered, and what is the exposure?
- What did last year's compliance investment change, in control terms?
Each answer drills to the control, the evidence, the owner and the date.
Today
Monday morning, before Compli-Once
Security asks for budget with a slide of adjectives. The audit committee asks for assurance and gets a memo. Nobody can say what last year's spend actually moved.
Assurance arrives as adjectives
"Broadly compliant" is not a position a committee can question, minute or act on. It also cannot be compared with last quarter.
Risk reduction is unmeasured
If the delta between inherent and residual risk is never plotted, the risk programme cannot show what the spend bought.
Overdue corrective actions hide
Findings sit in a departmental tracker. By the time an overdue action reaches the committee, it has been overdue for two quarters.
After
What changes
Inherent versus residual, plotted
The delta between inherent and residual risk is the risk programme's value, made visible per quarter.
Every number drills to its source
The control, the evidence, the owner, the date. When the number moves, the reason is a drill-down, not a meeting.
Overdue actions are visible
Audit findings carry owners and due dates. Overdue corrective actions are visible at committee level, not buried in a tracker.
The number you take into the committee: posture trend and the open-CAPA count, both live.
Your first week
What a proof of concept looks like from your desk
Day 1
Take read-only committee access. It is the live dashboard, with drill-down, and nothing to prepare.
Day 3
Plot inherent against residual risk for one register and read the delta as the programme's output.
Day 5
Ask the hardest question from your last committee meeting and drill it to source on screen.
What you own
Artefacts you can produce from the platform
Committee pack with posture trend and open-CAPA count, generated live
Inherent versus residual risk plot per register, per quarter
Overdue corrective action list with owners and ageing
Regulatory coverage summary for the annual report's assurance section
The engine
The modules that do the work
Risk
Registers and scoring on your methodology.
OpenAudit & CAPA
Findings with owners, due dates, closure.
OpenCompliance
Frameworks, gap analysis, live posture.
OpenAsk the dashboard the question you asked at the last committee meeting.
Frequently asked questions
Can the audit committee get read-only access?
Yes. Read-only roles give the committee the live dashboard with drill-down to source, without touching the programme. Access is recorded in the tenant activity log like everything else.
What does the platform replace in spend terms?
Parallel tooling, external questionnaire hours and audit-prep consulting days. The honest answer is structural, not an invented ROI multiple: work stops being repeated per framework and per audit.