Enhance your organization’s capacity to manage Onsite Inspections using powerful automation technologies coupled by sophisticated flexibility
With increasing standards in compliance and risk management, comes significant pressure for financial authorities to plan and execute various regulatory processes required for ongoing supervision. A key proactive supervisory function for regulators is to perform Onsite Inspections, to obtain a comprehensive assessment and risk profile of their regulated entities. With people/ resource barriers causing strain on such supervisory processes, inspection teams are expected to maximize their efficiency and effectiveness by conducting each inspection with varied amounts of frequency and intensity that is proportionate to each regulated entity’s risk level.
SQL Power’s Onsite Inspection (OI) is a SAAS solution that offers to supervisory teams a web-based, collaborative process management tool to automate and manage any onsite inspection processes and functions. This dynamic platform optimizes the efficiency of low-level inspection work through process automation, while giving regulators the flexibility to adapt as high-level decisions are made throughout the investigation.
Supervisors and assigned Team Leads have the ability to supervise and manage various aspects of an onsite inspection: including the creation and management of an inspection team, task management, user assignment, due date assignment, ad-hoc task creation, inspection scheduling, and much more.
Examples of tasks and processes that can be automated by the OI solution includes:
- Inspection workflow customization and automation per sector/division
- Scheduling of onsite inspections
- Assigning users and due dates to inspection tasks
- Collecting request for information; pre-Inspection forms
- Scheduling internal/external meetings and reviews.
- Generation of Requirements and Recommendation Letters
- Communicating notifications, findings and infraction notices
- Collection of payments for fines, infractions or penalties
The solution comes with pre-built onsite inspection process templates, designed based on international inspection process guidelines. Tailored inspection workflows can be additionally configured by our experienced consultants, to meet the exact needs of your organization’s inspection team.
- Onsite Inspection Scheduling
- Inspection Team Management
- On/ Off site Task Assignment
- Collaborative Reporting
- Automated Generation of Recommendation Letters
- Automated Notification Systems
SQL Power’s onsite inspection solution is designed to easily integrate with existing core CRM and governance systems, leveraging existing data and technology investment for a seamless integration. Our platform can be configured to easily evolve with global onsite inspection standards and guidelines thus future-proofing your organization. Finally, our experienced team of engineers work within your business scale to ensure that our implementation is smooth and functionally sound.
If your organization could benefit from SQL Power’s onsite inspection solution, we’d love to hear from you!