QDMS Integrated Management System is a web based management system with more than 30 modules that was developed for the requirements of management systems. QDMS offers solutions for management requirements of enterprise risks.

With QDMS Enterprise Risk Management it is possible to design risk assessment forms based on requested risk approach methodology and to determine risk matrices and acceptable risk levels. If requested, assessed risks can be passed through approval workflows and enterprise level communication can be achieved. It is also possible to prepare appropriate action plans with QDMS Corrective Actions Module and QDMS Action Management Module for the risks that are higher than acceptable level. Finally, it is possible to access the requested data through reporting tools, such as risk log, risk handling plan and risk heatmap of the enterprise.

What is Internal Control?

Internal controls can be defined as all applications, procedures, policies, processes, systems and activities planned to reduce risks of an organization. On the other hand internal control system is a high level management control system and management tool that covers all these controls and is designed to achieve the targets and objectives throughout the entire organization, but it does also cover management and organization, risk assessment, communication, information systems and internal audit.

All solutions offered by us its customers (eBA, Ensemble, QDMS, BEAM) assist organizations for their internal audit and control operations. If below listed problems occupy your agenda, our solutions for Internal Audit will be a great assistant to you.

We cannot measure the effectiveness, efficiency and sufficiency of our processes.
We want to determine and control the responsibilities of employees.
We want to determine the problems (operational, efficiency) in our departments.
We have to find the areas that are not controlled.
We want to see the problems in our current system.
We have concerns regarding losses and leakages.

Internal Audit is an independent and objective consultancy operation, which was designed to improve and add value to the processes and operations of an organization. Risk management offers a disciplined and systematic approach to evaluate the efficiency of control and governance processes and helps organizations to achieve their purpose and objectives. Internal audit has a future oriented approach. It finds variations from the target and conducts necessary evaluations to achieve that target. Internal audit is a risk based audit approach.

Governance, Risk and Compliance is a discipline for companies to manage

Governance, i.e. management related targets and cultures, Risk Analysis is the analysis of probability and effect of events that prevent to reach objectives, Compliance is to ensure compliance with legislations, laws and regulations and companies handle all of these together to manage them. Enterprise governance processes of integrated management system includes the steps to determine management organization, company objectives, policies and controls. Risk analysis processes include determining the company’s risks in financial, business, reputation, security and strategic areas, calculation of effects and probabilities of these risks and management of residual risks. Compliance processes are composed of documentation of policies and control procedures, monitoring of laws and regulations, tracking of controls and reporting them to senior management.