SOURCE: ProcessUnity

ProcessUnity

November 16, 2015 10:47 ET

Vendor Risk Management Portal, Analytics Database Highlight ProcessUnity's Risk and Compliance Suite Fall 2015 Release

Newest Version of Cloud-Based Risk and Compliance Platform Streamlines Vendor Self-Assessments, Powers Advanced Analytics

CONCORD, MA--(Marketwired - Nov 16, 2015) - ProcessUnity, a leading provider of cloud-based applications for governance, risk and compliance management, today unveiled its Fall 2015 Release. The release includes new features and enhancements across 16 key application areas -- all designed to streamline risk assessments, extend reporting capabilities and ensure overall program and user effectiveness.

Highlights of ProcessUnity's Fall 2015 Release include:

  • Streamlined Communication Between Organizations and Their Vendors - ProcessUnity's new Vendor Portal provides context-filtered content that makes it easy to complete periodic self-assessments for third-party risk management. Multiple vendor contacts can collaborate on a questionnaire before a primary contact reviews and submits a final version. New import/export capabilities allow vendors to download a self-assessment, complete it in spreadsheet format and then upload the final version to the Vendor Portal. The Vendor Portal also facilitates issue remediation between an organization and its vendors; provides a mechanism for document requests; and allows vendors to view previously completed assessments.

  • Advanced Data Access for External Query and Reporting Tools - The Analytics Database add-on enables organizations to incorporate ProcessUnity risk and compliance data into external report writers and analytics tools. A simple check-box setting on a report makes that data accessible in a cloud-based relational database instantly or on a scheduled basis. ProcessUnity automatically generates connection parameters for data access.

  • Personal Dashboard Propagation - With the Fall 2015 Release, ProcessUnity administrators can create custom dashboards and distribute them to select users, roles or teams.

  • Change Log Enhancements & Expanded History Tracking - Audit trail capabilities have been enhanced to allow administrators to choose up to 20 properties to track per system object. New change log filters make it easier to determine what properties were changed, by whom and when. History tracking allows organizations to report on system changes on a weekly or monthly basis.

"Organizations choose ProcessUnity for our powerful, flexible risk and compliance services that are extremely easy to use. Our Fall 2015 Release builds on those themes by introducing new features and enhancements that continue to take cost and complexity out of day-to-day program processes," said Paul Carroll, Vice President of Engineering at ProcessUnity. "The new Vendor Portal and questionnaire import/export makes the self-assessment process more effective for our customers and significantly more efficient for their vendors. With Analytics Database, we continue to provide our customers with flexible options for advanced risk and compliance reporting and analysis."

Leading organizations rely on ProcessUnity's cloud-based services to assess, measure and mitigate risk and ensure the optimal performance of key business processes. The Software-as-a-Service technology creates a common user experience and seamless application integration across all ProcessUnity governance, risk and compliance solutions. As cloud-based technology, ProcessUnity deploys quickly with minimal effort from customers and their IT resources. Product enhancements are installed frequently, immediately and automatically, and require no work from the customer. The inherent efficiency of the platform delivers faster, better results and the ability to scale governance, risk and compliance programs over time.

ProcessUnity's suite of applications includes Third-Party Risk Management, Enterprise Risk Management, Regulatory Compliance Management, Incident Management, Product and Service Offer Management, and more.

Learn more about ProcessUnity solutions at www.processunity.com.

About ProcessUnity
ProcessUnity is a leading provider of cloud-based applications for risk management and service delivery management. The company's software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. For public companies and regulated industries, ProcessUnity Risk Suite delivers effective governance and control, vendor risk mitigation, and regulatory compliance. For benefit plan administrators and other financial service firms, ProcessUnity Offer Management controls complex product offerings and strengthens client service experience. ProcessUnity is used by the world's leading financial service firms and commercial enterprises. For more information, visit www.processunity.com.

Contact Information

  • For additional information on ProcessUnity, contact:

    Jill Colna or Jeff Lavery
    SVM Public Relations
    401-490-9700
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