New Integrated Internal Control System by Sequel: Point Technology for Public and Private Sectors

Sequel, with long experience in developing specialized solutions, presents its new product. An Integrated Internal Audit Information System, designed to enhance accountability, transparency and efficiency in public and private organisations. Sequel, known for its successful Nemesis procurement management software, which has become an institution in public administration with a wide clientele of large public organizations, strengthens its portfolio with an innovative solution to manage internal control. CORVERSE The Need for Internal Audit in the Public Sector Under the new legislation, public bodies are obliged to implement internal control systems to ensure compliance, transparency and efficient management of their resources. Sequel’s new information system is coming to meet this need, offering the appropriate tools for standardisation and automation of control procedures as laid down in the legislation. This technological excellence reflects the company’s vision of a future where accountability and transparency are integral elements of the administration. “The development of the new Internal Audit system is the result of our commitment to offer solutions that meet modern needs,” notes Asimakis Fotopoulos, co-founder of Sequel. What the new Internal Audit System ‘EPOPTIS’ offers EPOPTIS was designed to fully meet the needs of organisations in the management and automation of internal control procedures. It is based on best international practices and incorporates modern technologies for maximum performance. Main characteristics: Standardisation of procedures: Supporting control teams through identification, recording and risk assessment tools. Automating checks: Creating workflows that ensure efficiency and accuracy. Risk management: Develop, archive and prioritize risks through sophisticated algorithms and performance indicators. Follow-up : Systematic monitoring and management of corrective actions, ensuring the implementation of recommendations and achieving objectives. Reports and reports: Production of standard documents and dynamic reports for management and interested parties. Interoperability : Integration of data from third parties for more comprehensive analysis. The usability of the system and its ability to adapt to the particular needs of each organization are central advantages. As George Makris, Internal Auditor with long experience, points out, “the standardization and reliability offered by the new system enhances confidence in the control procedures”. ADVERSE Inspiration by the ‘ Supervisor’ Its new approach draws inspiration from Epoptis software, a product that combines the best control practices with sophisticated risk management and compliance tools. Epoptis provides structured control work, risk assessment tables and capabilities for immediate update of safety controls. These features were incorporated into the new system, giving it flexibility and power to quickly adapt to the needs of a modern environment. Benefits for organisations The use of the system guarantees: Increased transparency and accountability: Improving internal procedures and complying with regulations. Saving time and resources: Through automation and data integration. Adaptation to the needs of the organization: Possibility of customization to meet specific requirements. Support for decision-making: Provision of documented information to strengthen management. Investment in such solutions is not only an option to adapt to the requirements of legislation, but also a strategic axis that enhances the sustainability and efficiency of each organisation. “The legislation now requires modern control solutions, and our new product is coming to fully meet these requirements,” explains Vassilis Leftas, one of the main initiators of the project. Sequel at the forefront of technological excellence Sequel, with a history of successes such as Nemesis, confirms its commitment to developing products that meet modern challenges. “The technological superiority of our new system offers organisations a tool that combines performance and flexibility, while ensuring full compliance,” says development chief Magda Kordoruba. The new Internal Audit system is the next step for any organisation that seeks to enhance its effectiveness and accountability. With Sequel’s signature, technological excellence meets reliability and functionality.