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

Starting Price:
$300 AUD per month
Pricing Details:
Lite - $300 AUD per month.
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.
Free Trial:
Free Trial available.

Integrations

Ratings/Reviews - 5 User Reviews

Overall 5.0 / 5
ease 4.6 / 5
features 5.0 / 5
design 5.0 / 5
support 4.8 / 5

Company Information

Werkflo
Founded: 2020
Australia
werkflo.com.au/kollateit

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Product Details

Platforms Supported
Cloud
On-Premises
Training
Documentation
Live Online
In Person
Videos
Support
Phone Support
Online

Kollate-it Frequently Asked Questions

Q: What kinds of users and organization types does Kollate-it work with?
Q: What languages does Kollate-it support in their product?
Q: What kind of support options does Kollate-it offer?
Q: What other applications or services does Kollate-it integrate with?
Q: What type of training does Kollate-it provide?
Q: Does Kollate-it offer a free trial?
Q: How much does Kollate-it cost?
Q: What pricing for support is available for Kollate-it?
Q: What pricing for training is available for Kollate-it?

Kollate-it Product Features

Audit

Alerts / Notifications Supported
Audit Planning Supported
Compliance Management Supported
Dashboard Supported
Exceptions Management Supported
Forms Management Supported
Issue Management Supported
Mobile Access Supported
Risk Assessment Supported
Workflow Management Supported
Multi-Year Planning Not Supported

Compliance

Archiving & Retention Supported
Audit Management Supported
Compliance Tracking Supported
Controls Testing Supported
ISO Compliance Supported
Incident Management Supported
Risk Management Supported
Sarbanes-Oxley Compliance Supported
Version Control Supported
Workflow / Process Automation Supported
Artificial Intelligence (AI) Not Supported
Environmental Compliance Not Supported
FDA Compliance Not Supported
HIPAA Compliance Not Supported
OSHA Compliance Not Supported
Surveys & Feedback Not Supported

Document Management

Access Controls Supported
Archiving & Retention Supported
Collaboration Tools Supported
Compliance Tracking Supported
Document Archiving Supported
Document Capture Supported
Document Delivery Supported
Document Indexing Supported
Document Retention Supported
Email Management Supported
File Recovery Supported
Forms Management Supported
Print Management Supported
Version Control Supported
Document Assembly Not Supported
Document Conversion Not Supported
Electronic Signature Not Supported
File Type Conversion Not Supported
Full Text Search Not Supported
Offline Access Not Supported
Optical Character Recognition Not Supported

GRC

Auditing Supported
Environmental Compliance Supported
Incident Management Supported
Internal Controls Management Supported
Operational Risk Management Supported
Policy Management Supported
Disaster Recovery Not Supported
IT Risk Management Not Supported

Risk Management

Alerts/Notifications Supported
Auditing Supported
Business Process Control Supported
Compliance Management Supported
Corrective Actions (CAPA) Supported
Dashboard Supported
Exceptions Management Supported
Internal Controls Management Supported
Legal Risk Management Supported
Mobile Access Supported
Operational Risk Management Supported
Reputation Risk Management Supported
Risk Assessment Supported
IT Risk Management Not Supported
Predictive Analytics Not Supported
Response Management Not Supported

Kollate-it Verified User Reviews

Write a Review
  • Armand A.
    Director
    Used the software for: Less than 6 months
    Frequency of Use: Monthly
    User Role: User
    Company Size: 1 - 25
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Kollate It (Werkflo) review"

    Posted 2023-10-17

    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 sizes

    Cons: * 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 skills

    Overall: 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.

    Read More...
  • A Kollate-it User
    Corporate Advisor to Financial Services Sector
    Used the software for: Less than 6 months
    Frequency of Use: Monthly
    User Role: Administrator
    Company Size: 1 - 25
    Design
    Ease
    Features
    Pricing
    Support
    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.

    Read More...
  • A Kollate-it User
    Compliance professional
    Used the software for: Free Trial
    Frequency of Use: Weekly
    User Role: User
    Company Size: 1 - 25
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Industry leading compliance software"

    Posted 2023-10-02

    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.

    Read More...
  • A Kollate-it User
    Business Consultant & Director
    Used the software for: Less than 6 months
    Frequency of Use: Daily
    User Role: User
    Company Size: 1 - 25
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Breakthrough Automation of Risk & Compliance Function"

    Posted 2023-09-21

    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.

    Read More...
  • A Kollate-it User
    Trustee Manager
    Used the software for: Less than 6 months
    Frequency of Use: Daily
    User Role: User
    Company Size: 1 - 25
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Using Kollate"

    Posted 2023-09-16

    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.

    Read More...
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