IBM® Workplace for Business Controls and Reporting™ (WBCR) is a platform to help organizations manage enterprise risk and governance programs.  Based on IBM’s industry leading WebSphere® Portal and other leading technologies, it includes support for all major risk and control management frameworks, embedded support for COBIT®-based IT Governance, enterprise application integration with other applications through Web services, and dashboard reporting for reporting and analysis.

Key features in WBCR include:

• Executive and dashboard reporting
• Flexible user defined organizational hierarchy
• Customizable period end processing
• Customizable role-based security
• Organization movement and reorganization
• Customizable survey tool
• Extensive testing, evaluating, and certification capabilities
• Document integration through document and URL attachment
• Shared controls
• Label management and configuration
• Custom field support for process hierarchy items
• Link to significant financial accounts
• Full audit trail for all changes to values

WBCR includes three primary functions:

1. Documenting the organizational and control model
2. Evaluating the risks and controls and reporting the results of the documentation
3. Evaluation activities

This tool can be applied to these processes and activities: