Tracking and managing remediation actions for the ever-increasing number of audits, exams, and evaluations presents a considerable challenge for institutions.
Lack of control results in poor oversight, leading to misreporting and non-compliance. The WolfPAC® Control Remediation Plan allows you to track the control remediation activities generated from internal audits, information technology audits, regulatory exams, financial reporting control testing and other control evaluations within the institution.
The WolfPAC® Control Remediation Plan simplifies and organizes risk management efforts by creating a central repository of all control weaknesses. This ensures completeness in management responses, reporting and oversight and results in greater efficiency, cost savings and consistency across the entire risk management process.
Smart. Simple. Systematic.
“ After all of the products we looked at, WolfPAC® was the only solution that seemed intuitive. The cause and effect logic in the questionnaires made it easy for me to explain how it worked to my Board and show that this was the right solution for us. ”
Dennis Leahy
Bristol County Savings Bank
Learn more about our clients