Finance Transformation
Digital-led Risk Transformation

Business Risk and Insights Platform- PwC's Risk Management Software Solution

Converting data into insights for business risk and controls management

A PwC India Risk Management Software

Business Risk and Insights Platform is a continuous control monitoring tool that enables automated and near real-time identification of red flags/ controls exceptions through analysis of business data.

It provides a single-window view of the risk and controls landscape, integrates with multiple data systems to analyse data and identify red flags, and provides functionality to assign accountability for remediating risks and track progress.

Key Control Aspects

Potential fraudulent
transactions and financial leakages

Inaccurate financial reporting

Non-compliance with business policies

Breach of quality norms and operational inefficiencies

Key Features Of Our Risk Management Solution

Business Risk & Insights platform is a one-stop cloud platform, for all data & analytical needs of an organisation. It has standard out of the box data models, KPI library & visualisations and an insight generation engine built across business functions based on decades of PwC Experience of such implementations across industries. 

01

Automated data analytics enabling the internal audit/controls team to focus on root causing and systemic fixes to deliver value to the business

02

Systemic improvement and controls through remediation tracking enablement

03

100% transactional coverage and detection & prevention of revenue and cost leakages

04

Quick implementation for standard ERP environment with ability to customise where needed

05

Effective compliance with regulatory requirement like SOX/ IFC through automated testing of controls

Illustrative Dashboard Of Our Risk Management Tool

Master

  1. Fictitious customer & vendor records
  2. Undisclosed related parties (customers v/s employees v/s vendor)
  3. Incomplete / inaccurate master records

Access

  1. Conflicting access with same user
  2. Price master – sales order – dispatch booking
  3. PO creation – GRN - Invoice booking
  4. Critical / sensitive access assigned to several/unauthorised users

Configuration

Activation of ERP transaction posting check from exited employee ID
Activation of duplicate invoice posting check

Transaction

  1. Non reversal of discounts/schemes on returns from customers
  2. Exited employee salary processing
  3. Higher business share to higher price vendor

Reporting

  1. Abnormal/duplicate journal voucher posting
  2. Incorrect revenue recognition
  3. Abnormal variances in GL balances

Gartner Peer Insights Review Of Integrated Risk Management Solution

"Extremely satisifed with the tool.. Signficantly helped improve control monitoring"

"Extremely satisfied with the product. Helped put in place a mechanism to monitor controls and initiate corrective actions. Flexible to customer needs as well as implementation models."

Check out the full review

"Excellent customer service and Product"

"Excellent product and pwc team is very helpful. This enables us for implementation of our risk initiative. Also, this has user friendly interface and dashboard as well as workflow process is simple."

Check out the full review

"Satisfied and delighted"

"We have been using BRAIN since 2019 and it's been a good experience so far."

Check out the full review

Brochure Of Our Risk Management Solution

Business Risk and Insights Platform

Speak with an Expert

Get in Touch

Product Owners

Shreyans Dudheria | Partner - PwC India

shreyans.dudheriya@pwc.com

Kaushal Dugar | Director - PwC India

kaushal.dugar@pwc.com

Manpreet Singh Ahuja | Chief Digital Officer - PwC India

manpreet.singh.ahuja@pwc.com

Aman Goel | Managing Director and Digital Products Leader - PwC India

aman.goel@pwc.com

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