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MELBOURNE, AUSTRALIA -- (Marketwired) -- 12/11/14 -- IntelligenceBank, a leading provider of SaaS business apps today announced the official launch of IntelligenceBank GRC. IntelligenceBank GRC is an out of the box, yet highly customizable platform, that helps risk officers streamline information, approvals and activity across governance, risk management and compliance programs. Ultimately, IntelligenceBank GRC creates efficiency; accountability and one click reporting on the status of each initiative.

IntelligenceBank GRC includes a document library, customizable registers, workflow with tasks and escalation, calendars, alerts, live compliance news feeds, custom reporting and a real-time audit trail.

According to Tessa Court, CEO of IntelligenceBank, "Our new platform provides an easy way for both private and pre-IPO companies to have an instant risk and compliance platform that covers all bases, and can be modified to suit any industry and regulatory environment. Larger companies can also use IntelligenceBank GRC for a single application -- such as a Risk, CSA or Conflict of Interest Register -- to meet a specific requirement, which can integrate with intranets, single sign on and HR systems."

The platform includes the following risk and compliance modules that can be easily customized. Users can also create their own registers at any time:

Risk - Provide management, the board and auditors with a clear view of the current status and rating of each risk.

Control Self Assessment - Survey business units on internal controls, elevate for sign off and run instant reports for specific time frames.

Audit & Actions - Manage audit outcomes, follow up tasks, assign deadlines and link actions to each report.

Incidents - Capture, manage, and analyze reportable events such as accidents, fraud, legal disputes and more. Attach evidence and run reports on resolutions and status.

Policies & Key Contracts - Store polices and key contracts in a central location with version control and usage reporting. Create registers of each policy or contract with expiry date alerts and business unit owners.

Conflict of Interest - Stop corruption in its tracks with a conflict register to declare gifts, financial and relational interests to ensure potential influences to professional judgment are known.

About IntelligenceBank

IntelligenceBank (www.intelligencebank.com) is the leading provider of SaaS business apps to make it easy for teams to manage files and data, according to their processes. Headquartered in Melbourne, Australia - IntelligenceBank's Digital Asset Management, Board Portal, and Compliance Software is used by thousands of happy customers, worldwide.