Resolve is a simple GRC & expense reporting software purpose-built for declaring Gifts, Interests, Travels & Vehicle Expenses to stay compliant and mitigate risks.
Quickly and easily register & report Gifts, Personal Interests, Sponsored Travels & Vehicle Expenses with a solution built from the ground up for solely that purpose.
You can take the leap with a faster, more compliant and tailored reporting solution without having to completely change your existing processes. You'll hit the ground running in seconds.
Resolve removes the reputational risks and legal ramifications associated with not recording gift, interest or travel data by arming your team with sophisticated software, ensuring full compliance is maintained at all times.
With enterprise-grade security you can maintain the appropriate balance of collaboration vs control, giving your team peace of mind that all finance and user data is protected.
Editors' Review by the Governance, Risk & Compliance (GRC) Software Review Team
Resolve is a simple but robust SaaS governance, risk and compliance (GRC) reporting solution that is purpose-built for registering vehicle expenses, sponsored travels, gifts and personal interests.
Powered by Open Declare, Resolve allows users to register gifts and other personal or company expenses through a user-friendly and feature-rich software-as-a-service GRC reporting platform. It is tailor-made to replace traditional manual methods and/or systems that are not built to handle or compete with today’s technology-driven business processes. If your current process of managing expense reports still involves pen and paper, it’s not only time-consuming but very difficult to manage and risky as well. Manual methods are prone to human error and they have no compliance checks.
This is where Resolve has been designed to rectify. It gives you the ability to manage thousands of entries with relative ease. Using this type of software helps expedite the process and make it more efficient. Plus, the GRC software ensures compliance checks are performed consistently to avoid erroneous entries. Generic or multipurpose systems are available, true, but unlike Resolve, sometimes they can be too costly with very little benefit. Opting for generic or multipurpose software can also be more complicated than it has to. It is oftentimes bloated as well, filled with features and tools that you are never going to use.
Unlike the aforementioned multipurpose software offerings on the market, Resolve is equipped with all the necessary features and capabilities required to help speed up key processes like data entry, while reducing compliance risks. This type of software is often used by human resources (HR) teams, finance and account management teams and IT consultants who require a simple and purpose-built tool for managing expense reports and GRC.
Resolve offers a number of features and capabilities that are specifically designed to facilitate expense reporting and compliance management processes. The following are some of the software’s key features that have made it a standout from other solutions in its category:
Resolve users can easily register all the expenses they have incurred while using the company vehicle, which is very useful for employees who are assigned or frequently use company-issued conveyance such as delivery vans, trucks, cars, etc. They can use the software’s vehicle module to keep track of their mileage, fuel consumption, maintenance and running costs. The Resolve vehicle module gives users the ability to track and manage one or more vehicles. They can log their personal or business trips and they have easy access to vehicle insurance and roadside assistance information.
Resolve’s travel module allows users to register their sponsored travels and create expense reports to ensure compliance. This is ideal for employees, managers or field agents who frequently travel on company funding. In instances where a prospective supplier or existing vendor is shouldering all travel expenses for an overseas meeting, training or conference attendance, this travel module should come in handy when keeping track of and disclosing all travel costs. This includes hotel accommodations, food and drinks, event costs and flights.
The tool allows users to enter multiple items with ease and simply reorder them with the drag-and-drop function. The system will automatically keep a running tally of all expenses accumulated throughout the travel period.
With Resolve, users are able to easily record any gifts that they have received or have given within their job capacity. The system is capable of processing declared gifts for the users themselves or for individuals related to them. The gifts module, like other Resolve modules, is optimized for use with desktop/laptop computers, tablets and smartphones. It has a simple, user-friendly interface and is designed in such a way that finding or entering gifts is quick and easy. Resolve’s gifts module is ideal for real estate agents, hospitality professionals and other similar industries.
This Resolve module is ideal for individuals and professionals who want full transparency and want to avoid any perceived conflicts of interests in the workplace or in their professional life. Say you decided to invest in shares, registered to a political party or professional association—or perhaps you recently bought a new property or became a member of a trade union—the interests module will enable you to declare all these interests easily and efficiently in order to maintain full transparency. With this tool, you should be able to simply avoid any false perceptions about conflicts of interests.
Resolve uses multifactor authentication to maintain robust security. This approach helps keep sensitive data as well as user logins safe and secure by utilizing two or more verification factors. Multifactor authentication has become the gold standard for data security in most software products that require robust data protection. This particular feature is available in all Resolve products and subscription packages.
White-labeling is an important feature for businesses and organizations looking to customize their applications to match their branding. Resolve, like most top-tier applications, offers custom branding so users can fully white-label the app to their company, complete with personalized logos and color schemes.
Resolve features a calendar-based reminders and notifications solution, so users can log important dates, deadlines and events.
Resolve is equipped with a clean and streamlined dashboard for reports and analytics. The dashboard also covers activity logs, periodic reports and other relevant information. This should serve as a crucial point of reference for any data related to user expense reports, as well as business governance, risk and compliance.
Resolve offers high security, multi-layered hosting through Microsoft Azure.
There are many benefits to using Resolve for registering expenses and managing GRC reports. It is specifically built for that exact purpose—a simple GRC reporting software solution designed for declaring, interests, gifts, vehicle and travel expenses. The following are some of Resolve’s biggest benefits:
Resolve helps businesses and individual users to maintain compliance with company policies and regulatory standards. It can also help them avoid reputational risks and legal ramifications that are often associated with failing to declare gifts, personal interests and travel information. It allows companies and business managers to arm their team with user-friendly but sophisticated tools that will enable them to keep meticulous records of all business-related expenses, ensuring full transparency and compliance at all times.
Resolve is capable of providing precise data gathering and validation. It offers an in-depth audit trail, complete with activity history and detailed logs. Users can rely on calendar-based reminders so they will never miss an important event or deadline ever again. The software also helps to make sure all registers and other important data are always up-to-date.
Security is important, especially when personal and corporate information is involved. A governance, risk and compliance (GRC) solution without robust security defeats its purpose. As an expense reporting and GRC software, Resolve provides robust protection and security to help HR teams and managers protect personal login details and organizational data, without compromising collaboration and control. It helps with maintaining the perfect balance between team collaboration and security.
When it comes to protection and security, Resolve features multifactor authentication and role-based access permissions. This means certain data can only be accessed by personnel with the appropriate login credentials. Account managers can assign roles to specific individuals so only them can access protected information. The software also integrates with Microsoft Azure to ensure highly secure, multi-layered hosting. Secure and seamless integration with 2-way REST API is also available, along with two deployment options: cloud-based and on-premise.
Resolve is an expense reporting and GRC solution that is built by HR teams for HR teams. It provides users with a tailor-made, fast and more compliant solution that is easy to use and doesn’t require them to completely alter their existing processes. The learning curve with this software is also minimal, allowing any user with little to no experience to hit the ground running within minutes.
While Resolve is simple and user-friendly, it has a highly responsive design that is optimized for desktop and mobile devices. It caters to all users at any skill level. HR teams can easily add or remove specific modules, depending on the intended user. Resolve also has white labeling for custom branding, allowing companies to tailor the app to match their company colors and logo.
Resolve adheres to a transparent and flexible subscription-based pricing model with three options offered: Small, Medium and Large. All subscription plans have the same features and tools, with the main difference being the number of seats/users. There are two billing options available: monthly and annually, with the latter providing a 10% cost savings.
The Small plan is priced at $99/month or $89/month (annual billing) and it’s good for 1-10 users. The Medium plan costs $299/month or $269/month (annually) and supports 11-50 users. The Large plan has a $799/month price tag or $719/month for the annual billing option and supports 51-250 users.
Resolve is a well-designed, user-friendly and very capable solution for GRC and expense reporting. It offers enterprise-level security without sacrificing collaboration and control. It is ideal for HR teams, finance and account management professionals and IT consultants in need of robust and user-friendly GRC reporting software.
Product recommendations, vendor rankings, market overview and tips on how to select Governance, Risk & Compliance (GRC) software for business. Published in October 2022.
Governance, Risk and Compliance (GRC) software is used for audit management, evidence management, automated reporting, exporting and archiving of compliance and risk related data. This type of software increases efficiency in dealing with regulatory require...FREE DOWNLOAD Governance,-Risk-&-Compliance-(GRC)-Software-Buyer-Guide-2018.pdf