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FULLY INTEGRATED GOVERNANCE, RISK MANAGEMENT, COMPLIANCE AND AUDIT SOFTWARE

BarnOwl GRC Software

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BarnOwl is a fully integrated governance, risk management, compliance and audit software solution. A solution that allows businesses to drive their strategic goals with predictability and confidence. BarnOwl, first launched in 2001 in South Africa has a tried and tested track record spanning 12 years and over 200 clients. BarnOwl is a functionally-rich, highly flexible and configurable solution priced very competitively. Implemented at over 200 clients including industries such as public sector, retail, financial, telecommunications, logistics, technology, medical, manufacturing, entertainment, audit and risk advisory organisations. BarnOwl embeds best practice methodologies and standards, ensuring easy and practical implementation by the users. Being a flexible solution, BarnOwl allows the user to configure the solution to suit their frameworks without any programmer intervention. The custom reporting and powerful charting and global registers enable the user to analyse information in the way they wish to see it. BarnOwl is available in four core modules – risk management, audit, compliance and the new business intelligence module, which provides the user with key insights and the ability to compile reports which would previously have taken days simply at a click of a button. For every industry, no matter the size of the business, BarnOwl is the ultimate GRC software solution to assist you in the achievement of your strategic goals with a high-degree of confidence. www.barnowlgrc.com

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Page 1: BarnOwl GRC Software

FULLY INTEGRATED GOVERNANCE, RISK MANAGEMENT, COMPLIANCE AND AUDIT

SOFTWARE

Page 2: BarnOwl GRC Software

Development of BarnOwl started in 2001 as a joint venture project between Deloitte

South Africa (Deloitte SA) and IDI Technology Solutions (Pty) Limited, a Microsoft gold

accredited partner.

In 2005 IDI purchased Deloitte’s stake in BarnOwl. IDI has maintained a close relationship

with Deloitte and they continue to provide leading risk management thinking for tool

development.

BarnOwl was designed from inception to incorporate leading risk and audit management

thinking whilst retaining suffi cient fl exibility to permit organisations to adopt their own

ways of working.

BarnOwl embeds risk and audit management best practise by ensuring:

risk management activities focus on achievement of organisational objectives

risk owners regularly review and consider all their risks and associated controls

audit management has full visibil ity of all business risks and controls

ABOUT BARNOWL

Page 3: BarnOwl GRC Software

THE BARNOWL EXPERIENCEIs a fully integrated governance, risk management, compliance and audit software

solution:- single, integrated view of your risk universe

Supports and embeds best practice ERM and Internal Audit frameworks:- ensuring

compliance, effi ciency and proven code of conduct.

Flexible software:- ease of use allowing you to work the way you want to work

Implemented by qualifi ed risk and internal audit professionals:- guarantee success

Developed and owned by IDI:- totally responsive to your ongoing requirements

Cost eff ective:- Rand based with bundled licensing (incident management,

workshop module, KRI’s web-based portal for action plans, surveys and voting,

complimentary RM with IA)

Tried and tested with an install base of over 200 clients:- guarantees success

BarnOwl is the preferred ERM software solution for the Public Sector endorsed by

the OAG (Offi ce of the Accountant General). BarnOwl supports the National

Treasury Risk Management Framework and has been customised for the public

sector environment under the guidance and direction of the OAG.

Page 4: BarnOwl GRC Software

ABOUT BARNOWLImplemented at over 100 blue chip organisations both locally and internationally and used by over 100

public sector organisations including the Johannesburg Stock Exchange (JSE), Mercantile Bank,

Bankserv, Bank of Namibia, Imperial, Cell C, Netcare, Cashbuild, JD Group, Pick n Pay, Il iad, WBHO,

Basil Read, Rand Water, Astrapak, Sasol, OTP bank (roll out to 9 countries, 100s of active users and

1000’s of web-based users), National Treasury, Department of Justice, South African Revenue Services

(SARS), Department of Transport (DoT), Mbombela, Amathole, Stellenbosch, Saldanha, Lepelle Water,

City of Cape Town...

Page 5: BarnOwl GRC Software

More eff ective strategic and operational planning: Alignment of objectives and

risks across the organisation

Greater confi dence in decision making and achievement of operational and

strategic objectives

Greater stakeholder confi dence : Transparency & Sustainable capability

Early warning system (visibility and reporting of signifi cant risks): Avoid surprises

Proactive management of risk rather than reactive (the cost of reactive

management: time and reputation)

Cost eff ective internal controls and control strategy

Evidence of a structured / formalised approach in decision making

Regulatory compliance and director protection

BENEFITS OF ERM

Page 6: BarnOwl GRC Software

BARNOWL – THE ENABLER OF ERM AND ASSURANCE

Page 7: BarnOwl GRC Software

WHY BARNOWL ERM

What BarnOwl ERM will do for me:

─ Facilitate and embed ERM in your organisation

─ Reduce administrative burden of ERM

─ Improve the quality and consistency of data captured

─ Consolidated reporting: fl exible slice and dice, drag and drop, fi lters, export

─ Provide an up to date dashboard of your risk universe (drill down bar, pie, trend,

heat maps…)

─ Facilitate a culture of risk and control within your organisation

─ Director / Accounting offi cer protection (formalised approach to risk management

/ compliance)

Page 8: BarnOwl GRC Software

WHY BARNOWL - COMPLIANCEWhat BarnOwl Compliance will do for me:

─ Maintain an up-to-date regulatory universe in support of the Compliance Institute's

best practice framework

─ Import acts, sections, headings and provisions from 3 rd party compliance content

providers or populate your own content

─ Create compliance risk management plans automatically

─ Create, publish and track compliance checklists automatically

─ Monitor and track non-compliance: online action plans (free to unlimited users)

─ Generate compliance reporting and provide an up-to-date dashboard of your

compliance universe (scorecards, trends, heat maps…)

─ Director / Accounting offi cer protection (formalised approach to risk management /

compliance)

Page 9: BarnOwl GRC Software

WHY BARNOWL - AUDITWhat BarnOwl Internal Audit will do for me:

─ Increased audit coverage, reduced audit time and cost (up to 33% time saving)

─ Simplify and standardise your audit processes with centralised ‘working-paper’

library for all types of audit: risk & control, ad hoc, forensic, compliance etc.

─ Risk & Control based auditing ensuring that risks that matter to the

organisation are audited and aligned back to the business

─ Assist you to comply with the IIA standards and quality assurance review

─ Final audit reports, audit committee reporting, combined assurance reporting at

the click of a button

─ Online follow-up of fi ndings via web-based action plans (free to unlimited users

/ auditees)

─ Reduce key reliance on internal audit staff

Page 10: BarnOwl GRC Software

BARNOWL MODULES

Page 11: BarnOwl GRC Software

BARNOWL DEPLOYMENT

Page 12: BarnOwl GRC Software

CONCLUSIONFully integrated risk, compliance and audit software (supports best practice

frameworks such as KING III, COSO, ISO31000, National Treasury Framework, IPPF)

Ease of use & practical (easy input, easy output, interactive workshop module

(Participate key pad voting)

Totally fl exible (rating models, audit programs, user defi ned fi elds)

Supports uniformity and consistency (transversal risk templates, processes, audit

projects)

Extremely powerful reporting (heat maps, dril l down bar charts, pie charts, l ine charts

(trends), compliance survey analysis, fi nal audit reports (in MS Word) etc.)

Cost eff ective (bundled modules, Rand based)

Tried & tested (nationally and internationally)

Leading edge technology (supports online & offl ine)

Owned, developed and supported by IDI (tailored for your conditions)

Total peace of mind

Page 13: BarnOwl GRC Software

Thank YouJonathan Crisp – [email protected]

+27 83 260 1653 (mobile)+27 11 540 9100 (office)

2014