WELCOME TO THE FUTURE OF AUDIT AND INSPECTION
Manage all your audit and inspection requirements with the convenience of one cloud-based software solution,
while creating a powerful integrated risk assurance system at the same time.
Reliable Risk Monitoring and Control
Compliance Master heralds a new generation in smart risk auditing and inspection technology, enabling enterprises of all types and sizes to quantitatively assess and control their non-compliance and operational risks within specified limits, or risk appetite.Read more
Optimised Audit and Inspection
Compared to other audit and inspection solutions Compliance Master's unique A.I. technology significantly reduces the amount of time and effort needed to collect, analyse and report non-compliance and operational risk levels enterprise-wide - by up to 80%.
features & benefits
Compliance Master is available in two versions: Compliance Master [STANDARD] which is suitable for most single-purpose auditing and
inspection applications and Compliance Master [ENTERPRISE] which is suitable for monitoring and controlling multiple process, project and third-party risks.
Be assured knowing your auditing and inspection processes conform with ISO's new "risk-based thinking" process and third-party monitoring, control and continuous improvement requirements.
Our powerful "performance dashboard" enables enterprises to quickly benchmark their process and third-party risks and to focus their limited improvement resources where they will generate maximum value.
Integrated auditing and
Realise significant productivity and data quality improvements by managing all your auditing and inspection requirements from the convenience of one highly rigorous enterprise software solution.
Significantly increase audit and inspection efficiency with a browser-based checklist that automatically adjusts data collection requirements in real-time.
Configurable action protocols and alerts ensure your enterprise's response to audit and inspection outcomes is always consistent and proportionate to assessed risk-levels .
Quickly identify and prioritise the causes of unacceptable risk control performance with a series of scientifically derived reports, charts and performance indicators.
A study of risk culture across the financial services sector by a team of Macquarie University researchers has demonstrated that profit-based incentives can adversely impact compliance. “Th[...]
At a recent US National Governors Association Summer Meeting held in Rhode Island, one of the world's most charismatic entrepreneurs Elon Musk called on government to proactively regulate artifici[...]
ASIC will establish a new regtech industry liaison network, conduct a number of new technology trials using regtech applications and establish a 'hackathon' later in 2017 to help identify road[...]
There is an almost unlimited opportunity for the RegTech sector in Australia; according to a panel of industry experts attending the InnovationAus.com conference held this week in Sydney. "There [...]
CitiPower and Powercor have been selected as a finalist in this year’s American Society of Quality (ASQ) International Team Excellence Awards to be held in the USA in May’13. Arguab[...]
Compliance Master was recently selected to take part in the Victorian government's USA Global Accelerator Program (GAP). GAP is a competitive program funded by Business Vict[...]
Thu, 14 Sep 2017 by Peter Mills, Managing Director, Compliance Master International
Recent amendments to the Australian Fair Work Act 2009 now make franchisors responsible for the underpayment of wages by their franchisees. Included i[...]
Tue, 28 Feb 2017 by Peter Mills, Managing Director, Compliance Master International
Since the GFC there has been a major push by governments, industry bodies and enterprises to improve audit quality and reduce costs. Tougher governme[...]
Thu, 09 Feb 2017 by Peter Mills, Managing Director, Compliance Master International
The first riddle I ever read was the old classic “When is a door not a door?”. Answer; “When its ajar”. Even after reading the answer, I s[...]
Sat, 07 Jan 2017 by Peter Mills, Managing Director, Compliance Master International
Date: January 2017 Economic, political and societal pressures have always influenced the evolution of audit and inspection; albeit along different pat[...]
Mon, 14 Nov 2016 by Peter Mills, Managing Director, Compliance Master International
In this short article, I outline how organisations can transform their audit and inspection processes into a powerful integrated risk assurance system[...]
Wed, 12 Oct 2016 by Peter Mills, Managing Director, Compliance Master International
I recently wrote about the benefits of quantitative risk-based thinking and why organisations should avoid qualitative methods when developing their I[...]