Optial Pricing, Features, Reviews & Comparison of Alternatives

Optial

Multi-module SaaS including risk & compliance management

5.0/5 (1 review)

Optial overview

What is Optial?

Optial is a flexible, multi-module software platform for the management of key business assurance measures, spanning Enterprise-level EHS, risk and compliance, plus auditing and beyond. Deployed across multiple industry sectors including banking, manufacturing, retail and insurance, Optial solutions for incident management facilitate the capture, assessment and investigation of events before categorizing severity, prioritizing and analyzing trends to identify root cause. The risk management module then utilizes risk registers to identify and store risk data with attachments, linking risk records to key controls, loss events etc.

Risk assessments are generated automatically, manually or ad-hoc to customizable workflows and assigned to the right people, supported by notifications and reminders on unfulfilled completion. Track key risk indicators (KRI), KPI’s and key control indicators (KCI’s) over time and leverage scenario analysis to determine worst and best case impacts, predicting expected loss etc. Comprehensive multi-language, fully exportable risk reporting options allow data to be viewed with dashboards, heat-maps, trend charts, tables and more. Optial’s subsequent modules for compliance, audit and business continuity enable organizations to monitor internal controls for meeting standards, raise action transparency and manage business activities.
www.optial.com

Pricing

Pricing options
Value for money
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Devices

Business size

S
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Markets

United Kingdom

Supported languages

English
Optial screenshot: A dashboard-based report visualizing an example current status of a risk management framework Optial screenshot: Risk evaluation heatmap and matrix report illustrating the distribution of riskOptial screenshot: Information pertaining to an open risk assessment currently in progress Optial screenshot: An example list of risk definitions shown within a risk registerOptial screenshot: Example of an incident entry form with multiple input fieldsOptial screenshot: Example incident categorization report showing loss event distribution and loss event severity distribution data

Optial reviews

Excellent
1

Very good
0
Average
0
Poor
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Terrible
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Value for money
Features
Ease of use
Customer support
  5.0
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Anonymous

"Best Financial Audit Software Right Now"

Used monthly for 2+ years
Reviewed 2019-11-19
Review Source: Capterra

My overall experience is good. The software are great for financial audit. Its easy to use for any organization. And I hope need to improve more feature .

Pros
There are audit planning just awesome. When I use "Optial Smartstart" i'm very confident for there accurate result. Dashboard is making me easy to use this software. I also like this software and love there issue management.

Cons
I dislike only things. Mostly the software is not access in Mobile.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Optial pricing

Pricing options
Subscription
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Contact Optial to request a demo & full pricing information.

Optial features

Auditing
Automatic Notifications
Compliance Management

API (627 other apps)
Activity Dashboard (515 other apps)
Activity Tracking (313 other apps)
Audit Trail (292 other apps)
Billing & Invoicing (279 other apps)
Customizable Reporting (390 other apps)
Data Import/Export (360 other apps)
Document Management (279 other apps)
Document Storage (294 other apps)
Inventory Management (387 other apps)
Inventory Tracking (310 other apps)
Monitoring (277 other apps)
Real Time Data (333 other apps)
Real Time Reporting (282 other apps)
Reporting & Statistics (467 other apps)
Third Party Integration (383 other apps)
Workflow Management (379 other apps)

Additional information for Optial

Key features of Optial

  • Analytics
  • Corrective actions (CAPA)
  • HR data interface
  • Legal risk
  • Multi-year planning
  • Project management
  • Reputational risk
  • Task & risk ownership
  • Workpaper management
  • Internal controls management
  • Audit management module
  • Notifications
  • Monitoring of internal controls
  • Assign incident ownership
  • Incident capture and analysis
  • Multiple projects
  • Custom risk registers
  • Automated risk assessment tools
  • Scenario planning
  • Heatmap
  • Charts
  • Automatic risk notifications
  • Dashboard-based reporting
  • Compliance documentation
  • Business continuity module
  • Exceptions management
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Benefits

Optial is a SaaS platform with multiple modules providing Enterprise-ready capabilities for business assurance, including incident, risk, compliance and audit management.

Incident management tools enable events to be captured and attributed to defined categories, prioritized and then investigated and analyzed to establish root cause.

Identify and store risk data in a consistent form, using key risk indicators (KRIs) to alert on changes, scenario analysis and automated risk assessment to assign customizable workflows.

Compliance module uses control repositories to track and manage controls through a lifecycle while creating checklist templates for regulations, procedures and practices.

Pre-configured audit module for delivering findings to managers, plus business continuity tools for managing repositories and business impact analysis.