21st Century ProductivityPeter Drucker, the management guru who coined the term “knowledge worker,” said in the late 1990s: “The most important contribution of management in the 20th Century was the fifty-fold increase in the productivity of the manual worker in manufacturing. The most important contribution management needs to make in the 21st Century is similarly to increase the productivity of the knowledge worker.”

BestGRC Demo Overview1. Overview of BestGRC

2. Why BestGRC is Your Compliance Solution

3. Overview of the BestGRC Modules

4. Q&A and Live Demonstration

BestGRC Company OverviewCo-Founders

Glenn Murphy – Optimist – Compliance & Process Improvement Expert30 Years External/Internal Audit – 15 Years CAE @ 3 Public CompaniesImplemented GRC Tools Opted to Develop Custom “Lived This”Subject Matter Expert/Designer/Customer Support/Blogger

Brandon Spilove – Entrepreneur - IT Infrastructure and Security ExpertFounder (1997) Custom Web/Mobile Application Development CompanyLeads Clients to Optimize their Operations with TechnologyHundreds of Clients w/ 100+ Applications Hosted in Secure Cloud

Why BestGRC?• We Believe in Thinking Differently and Changing the Status Quo

• We Believe Companies Do Right, They Just Spend Too Much Effort Proving It

• We Provide Beautifully Designed Simple to Use Software that Allows Our Subscribers to Leverage Their Compliance Activities to Improve Their Company

• We Help Our Subscribers to be Viewed as a Bridge to Growth

What If…Your Team Felt Like Part of the SOLUTION?

• Many Business Leaders and Even Some Board members view Finance, Audit and Compliance Functions as a “Necessary Evil” rather than part of the Solution.

• Visually Demonstrate the Linkage of Your Activities to Corporate ObjectivesUnderstanding the Value of Your Work

• Clearly Communicate the Expectations of All Team Members on an Open and Accountable Platform Recognize Their Contribution

• Benchmark and “Raise the Bar”

What If…You Only Have to Focus on the Outliers?

SOX Compliance

Accounting Close

Audit Plan

Incident Reporting

Licensee Reporting

Store/Site Audits

Focus on the outliers:

•Overdue Task Assignments

•Missed/Late Financial Close Activities

•Late/Over Budget Audit Projects

•Failed Store Audits/Poor Cycle Counts/Alarming POS Analytics/ Inadequate Physical Inventory

Operating Smoothlyutilizing BestGRC

What If…You Can Identify Revenue Opportunities for Your Licensees?

• Analyze Licensee Sales by Customer

• Identify Opportunities Across Customer Types

• Identify New Customers for Review/Approval/Expanded Offerings

Problems1. COSO/SOX/SSAE 15 requires that, “To express an opinion on internal

control taken as a whole, the auditor should obtain evidence about the effectiveness of selected controls over all relevant assertions.”How are you doing this currently?

2. COSO/SOX requires that “Each of the five components of internal control and relevant principles is present and functioning.”How are you doing this currently?

To effectively meet the above challenges, you must map controls to F/S Line Items, the relevant Assertions and the Principles. Reporting tools to analyze, monitor and demonstrate compliance is critical.

BestGRC Product OverviewGRC Core

Internal Audit

Controls Management

Included with Subscription:1. Resources and Expert Guidance2. Unlimited Users3. 24/7/365 Secure Access in a Hosted

Environment4. Product Support

Asset Protection/Loss Prevention

Licensing/Royalty Management

BestGRC Suite Features• Centralize ALL (E-wide) Compliance Activities on a Central Platform

• All Components of an I/C Framework

• Time-Bound Tasking

• COSO Principals – Manage/Report at Activity, Objective and Control

• On-line Policy & Procedures Manual

Core GRC Module

• Project Management

• Exception Tracking

• Electronic Workpapers & Electronic Sign-off of Preparer & Reviewer

• Visibility to Project Status and Audit Test Status

• Multi-year Audit Plan Linked to Risk-Assessment at AU Level

• “Flag”/Report Controls for External Audit Compliance

Internal Audit Module

• Project Management

• Electronic Reconciliation Workpapers

• Straight Line – FS Line Item Control Control Procedure

• Control Procedure Repository linked to Controls & Time Tracking

• User-Defined “Groups” of Accounts/Procedure

• Centralize ALL (E-wide) Controllership Activities on a Central Platform

Controls Management Module

• Incident Reporting

• Cycle Counts

• Physical Inventory (RGIS/WIS) Testing by Stores

• Self-Audit/DM Audit/Secret Shop…(5 User-defined audits)

• AP/LP Transaction Reviews

• AP/LP Safe Audits, Petty Cash Audits

• Transform Business Activities into Monitoring Controls Via Tasking

• Time-bound Tasking w/ e-mail Notification of Completion/Score or Non-Completion

• Reporting

• Roll-up Results by District/Region/Division

• Restrict Access by Store/District/Region/Division/All

Asset Protection/Loss Prevention

• Upload of Licensee Sales/Purchase Data

• Invoice Creation and Cash Application

• Master Customer Grouping Tool

• Pricing Analysis Tool for Licensee Sales to Licensor Stores

• Reporting of Sales to Customers Across Licensees

• Internal/Co-source Licensee Compliance Audit Project Function

Licensing Management Module

BestGRC Differentiators

No Up-front Costs

Easy/Quick Implementation

Unlimited UsersNo Long-Term Commitment

(90 days)

Resources and “Quick-Copy”

Professional Support from our Experts

• Modern Interface and Ease of Use

• Device Agnostic

• Secure Hosting in the “Microsoft Cloud”

Plus…

BestGRC Pricing

• $1500/monthCore GRC

• $600/month

• Requires Core GRCInternal Audit

• $600/month

• Requires Core GRC

Controls Management

• Resources and Expert Guidance –Co-Founder “Lived” this

• Unlimited Users

• 27/7/365 Secure Access in a Hosted Environment

• Product Support

•$1000/month standalone

•$800/month with Core GRCAsset Protection/Loss

Prevention

•$600/month standalone

•$400/month with Core GRCLicensing/Royalty

Management

• $3000/month for All ModulesMaximum Package

Pricing

Included with Subscription: