Kollate-it

Kollate-it

Werkflo
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About

Kollate-it is an all-in-one GRC and due diligence solution with over 400 features. It helps users to integrate due diligence, compliance, risk management and audit activities and create reports at lightning speed. Powered by AI designed workflows, automation and ingestion engines users can integrate, customize, automate their information and can select different product modules to meet their needs given the versatility. Kollate-it helps all regulated companies document their processes for review across the business. The software solves a number of problems, including: (1) data input dramatically reduces (2) work tasks speed up (3) activities get tracked instantly (4) cost savings accelerate (5) human errors reduce (6) information silos collapse (7) reporting becomes faster and 24/7 and (8) document retrieval is immediate. Kollate-it allows users to meet continuous requirements in real time with tools to collaborate, collate information and report with ease.

About

Optro is an AI-powered GRC system of action that unifies audit, risk, infosec, compliance, and AI governance into a single connected platform. It helps enterprises transform risk into opportunity by continuously analyzing risk signals, testing controls, and responding to incidents with trusted AI. It breaks down silos across governance teams by connecting risks, controls, evidence, frameworks, audits, regulatory requirements, cybersecurity programs, and compliance activities into one operational model with continuous visibility into enterprise risk. Optro moves beyond dashboards and manual workflows by analyzing evidence, surfacing control failures, identifying emerging risks, recommending actions, and supporting collaboration inside secure, auditable governance frameworks. Teams can manage internal audit planning and documentation, track enterprise and operational risks, monitor regulatory obligations, manage IT risk and cybersecurity frameworks, collect evidence, and more.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

The software is designed for financial services industry, professional trustees and other regulated entities looking to meet any law, regulation, policy or guideline.

Audience

Enterprise audit, risk, compliance, cybersecurity, and AI governance teams that need one AI-powered system to manage controls, evidence, risk signals, and coordinated GRC action

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$300 AUD per month
Lite - $300 AUD per month.
Pro- $450 AUD per month.
Ent - $600 AUD per month.

The price covers 6 users only. Each additional user pays $50, $75 or $100 each per month based on the plan chosen.

Users can add additional modules to their existing plan or upgrade or downgrade their plan to suite their needs. Users pay additional fees for Werkflo to set up a client's framework and complete document processing.

The prices include unlimited contacts and various administrator levels. Users may also require assistance with set and transition which fees may apply.

Customized pricing applies based on client needs for automation and workflow activities . Pricing excludes a goods and services tax that applies to Australian clients only.

Volume discounts can apply based on the number of users.
Free Version Not Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 5.0 / 5
ease 4.6 / 5
features 5.0 / 5
design 5.0 / 5
support 4.8 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Pros & Cons from Real Users

Pros

  • * Easy to use interface that allows for quick ingestion and organization of compliance data * Flexible framework that can be customized to fit any compliance program * Powerful automation features like registers, reports, and task management save time * Collaborative capabilities make it great for teams of all sizes
  • Kollate-it eases the burden of meeting regulatory compliance requirements of financial services firms. It automates the process, manages risk and breaches, and substantially reduces costs -through reduced audit workload. Management dashboards provide progressive reports on meeting obligations on a month-to-month basis. All at a relatively low cost.
  • The time and efficiency that the software provides is amazing. The centralised and integrated compliance functions, risk and compliance frameworks, ongoing tasks and policies tasks shows that this is truly a pre-eminent platform for compliance professionals.
  • This software coordinates & simplifies core ongoing Risk & Compliance monitoring & management. As you might imagine, this delivers significant cost savings, reduces systemic Risk and increases efficiency - and enables optimal use of skilled internal Compliance resources. Amazing low cost for such functionality and benefit.
  • Financial/Audit compliance software currently available in the market offers end-users limited flexibility, is challenging to learn and often doesn't allow integration with other firmware packages. Kollate is the complete opposite allowing a broad range of compliance activities to be seamlessly integrated. This provides our business with significant administration cost reduction (eliminates duplication), faster client response times, better contract tracking and the dashboards provide detailed snapshots of how we are meeting our regulatory and compliance obligations.

Cons

  • * Ingestion functionality has a learning curve to understand initially * More out-of-the-box template options would be useful * Some more advanced customization features may require developer skills
  • There are few downsides to speak of. Kollate-it needs to continue to educate the market and demonstrate the real benefits to users.
  • Takes time to utilise it, however this is like all software and not limited to Kollate-it.
  • Not so much a dislike as stating the obvious - as with any new software, you have to establish it and get to know its full capabilities.
  • So far we haven't really encountered any apart from a few issues that are normal when learning new software.

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Werkflo
Founded: 2020
Australia
werkflo.com.au/kollateit

Company Information

Optro
Founded: 2014
United States
optro.ai/

Alternatives

Alternatives

KYC Portal

KYC Portal

Aqubix Ltd / Finopz
ShieldRisk

ShieldRisk

ShieldRisk AI

Categories

AI GRC Supported
Audit Supported
Compliance Supported
Due Diligence Supported
GRC Supported
RegTech Supported
Risk Management Supported

Categories

AI GRC Supported
GRC Supported
Risk Management Supported

GRC Features

Auditing Supported
Disaster Recovery Not Supported
Environmental Compliance Supported
Incident Management Supported
Internal Controls Management Supported
IT Risk Management Not Supported
Operational Risk Management Supported
Policy Management Supported

Risk Management Features

Alerts/Notifications Supported
Auditing Supported
Business Process Control Supported
Compliance Management Supported
Corrective Actions (CAPA) Supported
Dashboard Supported
Exceptions Management Supported
Internal Controls Management Supported
IT Risk Management Not Supported
Legal Risk Management Supported
Mobile Access Supported
Operational Risk Management Supported
Predictive Analytics Not Supported
Reputation Risk Management Supported
Response Management Not Supported
Risk Assessment Supported

Audit Features

Alerts / Notifications Supported
Audit Planning Supported
Compliance Management Supported
Dashboard Supported
Exceptions Management Supported
Forms Management Supported
Issue Management Supported
Mobile Access Supported
Multi-Year Planning Not Supported
Risk Assessment Supported
Workflow Management Supported

Compliance Features

Archiving & Retention Supported
Artificial Intelligence (AI) Not Supported
Audit Management Supported
Compliance Tracking Supported
Controls Testing Supported
Environmental Compliance Not Supported
FDA Compliance Not Supported
HIPAA Compliance Not Supported
Incident Management Supported
ISO Compliance Supported
OSHA Compliance Not Supported
Risk Management Supported
Sarbanes-Oxley Compliance Supported
Surveys & Feedback Not Supported
Version Control Supported
Workflow / Process Automation Supported

Document Management Features

Access Controls Supported
Archiving & Retention Supported
Collaboration Tools Supported
Compliance Tracking Supported
Document Archiving Supported
Document Assembly Not Supported
Document Capture Supported
Document Conversion Not Supported
Document Delivery Supported
Document Indexing Supported
Document Retention Supported
Electronic Signature Not Supported
Email Management Supported
File Recovery Supported
File Type Conversion Not Supported
Forms Management Supported
Full Text Search Not Supported
Offline Access Not Supported
Optical Character Recognition Not Supported
Print Management Supported
Version Control Supported

Integrations

Microsoft Excel Supported
Microsoft Word Supported

Integrations

Microsoft Excel Not Supported
Microsoft Word Not Supported
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