Understand Risks and Act – Not React
Compliance
Identify issues early, document activity, and build accountability. PICTUS gives you risk indicators, audit tracking, and member-level monitoring to help you stay proactive and thorough so you can create an effective audit program.
Compliance helps you plan and track an effective audit program. Set up a review or audit program for your filings or claims. Identify businesses that meet your risk criteria. Communicate to audit participants. Conduct audits and document results. Communicate results. Update risk parameters for the next compliance cycle.
PICTUS builds in compliance checking throughout the process. Preventative controls can be found in both Filing and Claims to reduce outstanding filings and ensure claims meet internal rules. Still, since evidence is typically held in external systems, doing a deep dive on a periodic basis makes sense. Use PICTUS Compliance to focus your audit activity at the higher risk businesses.
The right tool for the right situation. Compliance includes structured tables for plan tracking and results. Excel is used for ‘what if’ planning based on risk factors recorded in PICTUS. Insights reports from Power BI can be used for advanced trend analysis and exception detection.
An effective audit program for revenue and program expenditures gives your stakeholders better assurance that program activities are conducted fairly and accurately. PICTUS Compliance gives you tools to improve efficiency and effectiveness.