PWGRC: Internal Audit and Risk Management Software

PWGRC is an AI-powered GRC solution that enables organizations to manage risk management and internal audit processes on a single platform. Identifying, assessing and monitoring risks, planning audits, tracking findings and closing out actions are all managed in the same system.

Many organizations try to track their risks in Excel files, audit findings in separate documents and actions through email traffic. This leads to delayed actions, outdated reports, findings with unclear ownership and a lack of visibility for management.

PWGRC eliminates this fragmentation. It brings risks, audits, findings, evidence, actions and reports together in one place.

When risk management and internal audit work in isolation, audits may not be planned around the organization’s real risks. In PWGRC, risks feed audit plans, and audit findings turn into new risks, control improvements and corrective actions.

This creates a continuous cycle in the organization: see the risk, plan the audit, track the finding, complete the action.

PWGRC makes risks easy to understand with risk scores, impact-likelihood assessments, KRIs, heat maps and dashboards. Management teams can see in real time which risks are rising, which areas require action and which controls need to be strengthened.

A KRI, or Key Risk Indicator, is a warning mechanism that helps detect risks at an early stage. By tracking KRIs with PWGRC, organizations can assess risks not only after they occur but also before they materialize.

This enables more proactive, better prepared and more controlled risk management.

PWGRC manages the internal audit process end to end: from planning to fieldwork, from evidence collection to reporting, and from finding tracking to corrective actions.

Audit plans can be created, auditors assigned, checklists prepared, and working papers and evidence added to the system. Findings and actions are tracked together with their owners and target dates.

Yes. Because rules are managed in a central structure, it is possible to trace which decision was produced under which condition. This makes decisions more transparent and controllable, especially for audit, compliance, quality and risk management.

For each finding, an owner, target date, priority, action plan and closure status can be defined. The system prevents actions from being forgotten with automatic notifications and reminders.

This way, audit findings do not stay in the report; they become measurable, trackable improvement activities.

PWGRC strengthens risk assessment and decision support processes by drawing on the PaperWorkAI infrastructure. AI analyzes risk data and provides prioritization and forecasting support.

As a result, risk assessments are more consistent, critical risks are spotted faster and managers make decisions based on stronger data.

Excel can be used to list risks, but it is not sufficient for actions, approvals, notifications, escalation, audit links, evidence management and real-time reporting.

PWGRC turns risks into a living process. Risks, controls, audits, findings and actions are managed in a connected way. The organization does not just report risk; it truly manages it.

Yes. PWGRC can integrate with various enterprise systems through APIs, web services, database connections, ready-made connectors and SDK options.

Data generated in ERP, finance, quality, human resources, information technology or operations systems can be transferred to PWGRC. This turns risk management into a shared structure across the organization.

PWGRC is suitable for risk management, internal audit, compliance, quality, information technology, finance, operations, human resources and senior management teams.

It takes risk out of being a single department’s concern and makes it a shared responsibility of the whole organization.

PWGRC gives organizations stronger risk visibility, more effective internal control, more efficient audit processes and faster decision-making.

Manual tracking decreases, actions are not forgotten, audit findings are monitored until they are closed and management teams can make decisions based on up-to-date data.

Yes. Because PWGRC runs on the low-code infrastructure of the PaperWork platform, it can be adapted to an organization’s risk methodology, audit approach, approval processes, reporting needs and organizational structure.

This allows organizations to start quickly with a ready-made solution and develop the system over time as their needs evolve.

Because PWGRC is not just a risk register screen or an audit tracking tool. It combines risk management, internal audit, finding tracking, action management, reporting, integration and AI-powered decision support on a single platform.

It helps organizations see risks earlier, plan audits more accurately and bring actions to completion.