Audience
The software is designed for financial services industry, professional trustees and other regulated entities looking to meet any law, regulation, policy or guideline.
About Kollate-it
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.
Pricing
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.
Integrations
Company Information
Product Details
Kollate-it Frequently Asked Questions
Kollate-it Product Features
Audit
Compliance
Document Management
GRC
Risk Management
Kollate-it Additional Categories
Kollate-it Reviews
Write a Review-
Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
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 sizesCons: * 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 skillsOverall: Kollate It is an excellent platform for compliance management and GRC. Its ingestion engine and custom framework allow compliance data to be quickly organized. The automation features are robust for streamlining compliance processes. While the ingestion function takes some learning, once mastered, Kollate It provides great time-savings. The collaboration tools also make it great for large teams. For a customizable and automation-focused compliance management software, Kollate It is a top choice.
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"Financial Services Risk & Compliance Automation " Posted 2023-10-03
Pros: 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.
Cons: There are few downsides to speak of. Kollate-it needs to continue to educate the market and demonstrate the real benefits to users.
Overall: Demonstrations of the capability of Kollate-it to potential users continue to confirm levels of potential customer support. A number of audit firms are already encouraging clients to implement Kollate-it as it reduces and spreads audit workloads over the financial year.
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
Pros: 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.Cons: Takes time to utilise it, however this is like all software and not limited to Kollate-it.
Overall: Offering an extensive array of functionality for various compliance requirements that other competitors cannot provide, coupled with its simple and intuitive design and competitive pricing, Kollate-it provides a significant development in the software available for the Risk and Compliance sector.
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
Pros: 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.Cons: 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.
Overall: A real breakthrough - long awaited for by the market thanks - simple, effective, efficient and inexpensive with applicability to any industry or profession.
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Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
Pros: 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: So far we haven't really encountered any apart from a few issues that are normal when learning new software.
Overall: Highly competitive pricing is what initially attracted us to the software as well as the significant functionality which other packages couldn't match. We were slightly skeptical about whether it would live up to the hype, but after a few months of use the automation features and the collaboration capabilities alone have repaid the investment.
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