Internal Controls Software
Organizations need reliable internal controls to protect assets, maintain accurate processes, support regulatory compliance, and reduce operational exposure. LaserGRC provides internal controls software to centralize control frameworks, testing, evidence, remediation, and continuous monitoring.
What this solves for internal control teams
Centralize control activities
Bring control objectives, procedures, ownership, testing schedules, evidence, and assessment results into one structured environment.
Identify control weaknesses
Detect ineffective, missing, or outdated controls and prioritize areas requiring corrective action.
Improve control testing
Standardize testing procedures, automate recurring assessments, and maintain consistent documentation across business functions.
Strengthen audit readiness
Maintain evidence, testing results, review histories, remediation records, and audit trails in an organized system.
Internal control frameworks
Build and maintain control libraries aligned with organizational objectives, risks, policies, and compliance requirements.
Control ownership management
Assign accountable owners, reviewers, and stakeholders while maintaining visibility into responsibilities and deadlines.
Control testing and assessments
Schedule evaluations, document testing procedures, capture results, and determine whether controls operate effectively.
Evidence management
Collect, organize, validate, and retain supporting evidence associated with control activities and testing.
Control deficiency remediation
Record deficiencies, assign corrective actions, establish deadlines, and monitor remediation through completion.
Control monitoring and reporting
Use dashboards and reports to evaluate control performance, overdue activities, deficiencies, and emerging weaknesses.
Manage internal controls through a continuous control lifecycle
01 — Assess the Existing Control Environment
Review current control frameworks, business processes, risk relationships, testing practices, ownership structures, and documentation requirements.
02 — Configure the Control Framework
Establish control libraries, categories, testing frequencies, workflows, responsibilities, dashboards, and approval paths.
03 — Consolidate Control Information
Bring existing control records, policies, testing results, evidence, deficiencies, and remediation histories into the platform.
04 — Deploy Control Management Workflows
Launch control assessments, testing schedules, evidence collection, deficiency management, and monitoring processes.
05 — Validate Control Operations
Verify control mappings, testing workflows, evidence requirements, reporting outputs, access permissions, and approval processes.
06 — Continuously Improve
Refine the control environment as business processes, regulatory expectations, organizational risks, and control requirements change.
FAQs
(Frequently Asked Questions)
What is internal controls software?
Internal controls software helps organizations create, manage, test, monitor, and improve internal controls while maintaining evidence and documentation for governance and audit purposes.
Who uses internal controls software?
Internal auditors, compliance teams, risk professionals, finance departments, control owners, and executive teams use it to manage control environments and improve oversight.
Can internal controls software automate control testing?
Yes. It can support recurring testing schedules, assignments, notifications, evidence collection, review workflows, and documentation of test results.
Does the software track control deficiencies?
Yes. Teams can record control weaknesses, assign remediation owners, establish deadlines, monitor corrective actions, and document resolution.
How does LaserGRC improve internal control management?
LaserGRC centralizes control information, streamlines testing and evidence workflows, improves deficiency tracking, and provides visibility into control effectiveness across the organization.
Centralize controls, simplify testing, improve evidence management, and address control weaknesses with internal controls software designed for continuous governance and oversight.
