Paisley Consulting, a leading provider of  governance, risk and compliance (GRC) and audit software solutions, announced the availability of Version 2.3 of its flagship Paisley Solution software.

The new version of The Paisley Solution features enhanced reporting capability, expanded operational risk management (ORM) functionality and new tools for auditors. The Paisley Solution also includes access to auditing, SOX and risk management content through its integration with Thomson RIA Checkpoint, the leading research tool for accounting and tax professionals.

New reporting features include dynamic HTML linking from ad-hoc created reports, a dashboard for audit governance and enhanced desktop views for every individual. New fully configurable features, such as customer-based email notifications and the ability to rename fields, make the Paisley Solution the most configurable application on the market. Auditors now can automatically populate audit reports by publishing data directly into their own audit templates.

Expanding its ORM capabilities, The Paisley Solution includes event tracking capability to document loss events and near misses. For greater productivity, new workforce scheduling functionality provides an interactive view of the audit schedule.

The product's integration with Thomson RIA Checkpoint enables users to access checklists and documentation providing expert guidance in internal audit, Sarbanes-Oxley compliance and risk management. Customers can access this valuable content from anywhere within the application.

The Paisley Solution is the industry's only integrated platform for Sarbanes-Oxley compliance, operational risk management, internal audit and general compliance. By facilitating standardized, automated and collaborative processes between risk management, compliance, internal audit and business units, it eliminates the information silos that impede organizations' ability to truly evaluate the risks impacting their business. The Paisley Solution empowers executive management with the ability to better reconcile these risks and ensures risk evaluations are completed quickly, consistently and accurately.

The Paisley Solution integrates two of Paisley Consulting's proven software products, AutoAudit and Risk Navigator, leveraging best practices learned from hundreds of successful implementations, a single technology platform and a unified database of information. The result is greater efficiency, improved collaboration, and reduced time and resource costs associated with risk management and compliance processes.

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