AVACOR Automation of internal audit, control and risk assessment

Main article: Business Process Management

The AVACOR platform solution is a Russian development that meets international standards. It allows you to automate the full cycle of internal audit and control processes (including their planning, conduct and analysis of results) in accordance with International Professional Standards for Internal Audit. The product is suitable for solving the problems of both small and medium-sized businesses and large distributed companies with a complex organizational and territorial structure.

The solution provides centralized storage, processing and access to operational information on the processes of internal audit and analysis of performed inspections. It allows you to generate both reporting documents according to standardized templates, as well as operational and analytical reports for different periods of time and in different sections.

2024: Translation to updated version of technology platform

Digital Design has translated the AVACOR solution, a line of software products for automation of internal audit, control and risk assessment, into the updated version of the technology platform. The improvements affected the possibilities of data visualization, settings and integrations without programming, user authentication. Digital Design announced this on October 16, 2024.

The AVACOR product interface has been improved. Users can now access the solution from any device, including mobile devices, flexibly customize registry displays and apply an updated chart composition to form dashboards. There are tools for branding and customizing the interface, allowing you to make working in the system more convenient and familiar.

The universal integration service of the solution has been updated. Added to the list of supported import-independent system ON. Tantor DBMS

Updated product line low-code/no-code tools including business process designers, data views, and access role model. Enhanced authentication capabilities in terms of support for the OpenID standard: ESIA, ADFS, Azure AD.

AVACOR helps automate corporate control processes using the best practices of Russian companies. The modular solution framework enables organizations to implement individual functional blocks according to their individual needs. Now AVACOR has become even more technological, more convenient for use and administration, which helps to increase the efficiency of corporate control processes, - said Alexey Chernyshev, Product Director of Digital Design.

2020: Integration with "Kontur. Prism" and "Kontur. Focus"

SKB Kontur and Digital Design entered into a partnership agreement on the integration of services. SKB Kontur announced this on December 7, 2020. The joint solution is designed to automate anti-corruption compliance processes and comply with the requirements of Federal Law No. 115-FZ of 07.08.2001 (AML/CFT). Compliance is designed to protect the company from financial, operational and reputational losses due to violation of the law, non-compliance with internal rules and dishonesty of employees.

The solution based on the systems "Compliance Control," Contour. Prism and Contour. Focus allows you to close a set of problems. Automate processes related to compliance of employees with the framework of the legal field, identification of conflicts of interest, as well as manage risks associated with the requirements of the 115-FZ Law and tax authorities.

Automation of compliance control helps to avoid errors and prevent the risk that violations will be identified too late: during inspections of regulatory authorities or when counterparties present claims.

Identification of legal entities and individuals, identification of connections and affiliation between them, scoring according to the Law of 115-FZ and internal rules of the company, search for clients in special lists (sanctions, terrorists, public persons), verification of the validity of passports, reports on inspections for Rosfinmonitoring - all these opportunities will allow building a reliable risk management system. Thus, users will reduce the likelihood of claims from regulators. At the same time, the risks of fraud and violations of regulations by employees are leveled, - said Ksenia Kosheleva, Expert Kontur. Prisms

Services Contour. Prism and Contour. Focus accumulates current data from more than 32 official sources, they need no more than a second to respond to a request. Using the API (application programming interface), data from the services is submitted to any information system. Rapid integration of Digital Design with the services of the Kontur allows you to raise compliance control to the digital level, - Olga Zhuravleva, Project Manager "Digital Design"

For more than 10 years, Digital Design has been automating corporate control processes for the largest companies in Russia, and AVACOR's solution for automating all control procedures is constantly being improved, including its "Compliance Control" module. Integration with the Contour services provides access for compliance managers to automatic validation of big data. This means that it adds the ability to identify business risks in the early stages.

Contour and Digital Design plan to develop cooperation on the development of joint software solutions in related areas.

2018: Cooperation with RusRisk

In the spring of 2018, the Digital Design IT company and the Russian Risk Management Society Non-Profit Partnership signed a cooperation agreement. The main goal of this partnership is the implementation of joint research and innovation projects. One of the areas of collaboration will be the development of IT products for automating control and risk assessment, as well as information security.

As you know, in 2016, Digital Design launched a solution for automation of internal audit, control and risk assessment, called AVACOR. Internal audit experts took part in the work on the decision. "One of the modules of the AVACOR system is Risk Management, designed to automate processes from risk assessment to monitoring the implementation of mitigation measures. For the further development of the functionality of the module and the system as a whole, it is important to take into account modern trends, the needs of professional society, therefore we see great potential in cooperation with RusRisk in this direction, "says Ruslan Abdrakhmanov, head of the AVAKOR Digital Design business line.

Other parties to this cooperation are the examination and development of standards and GOSTs within the framework of the technical committee 010 "Risk Management" of Rosstandart, as well as the opportunity for IT company specialists to undergo national and European certification and increase their competencies in the field of risk management.

2017

2016: Functionality and Features

AVACOR is a solution for companies with their own internal audit service. The platform will provide automated information support for all processes of the internal audit life cycle.

The scalability of the system allows you to choose an effective configuration that takes into account the characteristics of communication channels, the architecture of servers and workstations: three-level configuration, operation through Internet or terminal access.

The AVACOR solution is included in the Unified Register of Russian Programs for Electronic Computers and Databases.

Functionality:

• Activity planning and resource management.
• Audit planning.
• Perform internal audits.
• Planning the implementation of audit recommendations.
• Registration and analysis of internal audit risks.
• Analysis of data and preparation of analytical reports on inspections.
• Administration.
• Support the reporting approval and approval process.
• Support of users in the System.

Features:

• Unification, standardization of documentation for clear regulation of planning, performance and execution of the results of inspections (audits).
• Supervise audit procedures.
• Systematization of information on inspections (audits).
• Improve information analysis tools for management decision-making.
• Identification of dynamics on specific types of violations and deficiencies of the internal control system.
• Prompt receipt of information on identified violations and deficiencies in the context of: audit and control objects (business processes, subdivisions and subsidiaries), employees who conducted a specific audit (audit), etc.
• Improve decision-making and communication.
• Ensuring the security and confidentiality of information.

2015: AVACOR System Release

In September 2015, Digital Design launched a solution designed to automate the planning and conduct of internal audit - AVACOR (Automation of Internal Audit, Control and Risk Assessment).

The solution provides centralized storage, processing and access to operational information on the processes of internal audit and control and analysis of performed inspections. In addition, it provides the ability to both generate reporting documents on internal audit and control processes, in accordance with standardized forms of report templates, and generate operational and analytical reports for different periods of time and in different analytical sections.

AVACOR is a solution for companies with their own internal audit service. The platform will provide automated information support for all processes of the internal audit life cycle.

The scalability of the system allows you to choose an effective configuration that takes into account the characteristics of communication channels, the architecture of servers and workstations: three-level configuration, operation through Internet or terminal access. A completely Russian product based on international standards, but taking into account the practice of application in Russian companies.

Functionality:

• Activity planning and resource management.
• Audit planning.
• Perform internal audits.
• Planning the implementation of audit recommendations.
• Registration and analysis of internal audit risks.
• Analysis of data and preparation of analytical reports on inspections.
• Administration.
• Support the reporting approval and approval process.
• Support of users in the System.

Advantages:

• Unification, standardization of documentation for clear regulation of planning, performance and execution of the results of inspections (audits).
• Supervise audit procedures.
• Systematization of information on inspections (audits).
• Improve information analysis tools for management decision-making.
• Identification of dynamics on specific types of violations and deficiencies of the internal control system.
• Prompt receipt of information on identified violations and deficiencies in the context of: audit and control objects (business processes, subdivisions and subsidiaries), employees who conducted a specific audit (audit), etc.
• Improve decision-making and communication.
• Ensuring the security and confidentiality of information.

The product is included in the Unified Register of Russian programs for electronic computers and databases.