Complete Control
بواسطة House of Control
Complete Control is a platform designed to streamline and centralize contract management, asset oversight, and critical financial compliance. Primarily aimed at the Chief Financial Officer (CFO) and finance departments of medium to large enterprises, the software addresses the complex, time-consuming, and professionally challenging work associated with managing a company's contractual obligations and liabilities. By transforming fragmented data and manual processes into a unified, accessible, and automated system, Complete Control enables organizations to reduce costs, save time, mitigate risk, and significantly enhance overall compliance and financial control. It serves as the central source of truth for all contracts and associated assets, providing role-based access to ensure that the right personnel have the necessary level of visibility. The platform offers contract lifecycle management functionality. Complete Control provides a secure, central repository for all agreements, replacing risky and inefficient methods like spreadsheets or scattered file folders. This centralization is crucial for maintaining an up-to-date and complete overview of a company's total liabilities and vendor relationships. Key contract management features include automated alerts for critical dates such as expiration, notice periods, and renewal options, which are vital for avoiding costly, unwanted automatic renewals. Furthermore, the system is designed to support more efficient and accurate invoice accounting by allowing invoices to be matched against contract terms, flagging discrepancies, and improving budgetary precision. Its emphasis on gaining complete supplier and contract oversight makes it a valuable tool for procurement and financial planning. Complete Control, a flagship software-as-a-service (SaaS) solution by House of Control, is a comprehensive platform designed to streamline and centralize contract management, asset oversight, and critical financial compliance. Primarily aimed at the Chief Financial Officer (CFO) and finance departments of medium to large enterprises, the software addresses the complex, time-consuming, and professionally challenging work associated with managing a company's contractual obligations and liabilities. By transforming fragmented data and manual processes into a unified, accessible, and automated system, Complete Control enables organizations to reduce costs, save time, mitigate risk, and significantly enhance overall compliance and financial control. It serves as the central source of truth for all contracts and associated assets, providing role-based access to ensure that the right personnel have the necessary level of visibility. The platform's core offering is its robust contract lifecycle management functionality. Complete Control provides a secure, central repository for all agreements, replacing risky and inefficient methods like spreadsheets or scattered file folders. This centralization is crucial for maintaining an up-to-date and complete overview of a company's total liabilities and vendor relationships. Key contract management features include automated alerts for critical dates such as expiration, notice periods, and renewal options, which are vital for avoiding costly, unwanted automatic renewals. Furthermore, the system is designed to support more efficient and accurate invoice accounting by allowing invoices to be matched against contract terms, flagging discrepancies, and improving budgetary precision. Its emphasis on gaining complete supplier and contract oversight makes it a valuable tool for procurement and financial planning. A major, specialized module within the Complete Control ecosystem is its dedicated IFRS 16 Lease Accounting software. This module is essential for companies facing the complexities of the International Financial Reporting Standard 16, which requires both finance and operating leases to be brought onto the balance sheet. Instead of relying on error-prone spreadsheets, the IFRS 16 solution automates the intricate calculations and reporting required for compliance. It supports the classification of lease payments, handles complexities like multiple currencies and index-based adjustments (such as CPI), and automatically calculates the net present value of future payments, lease liability, and the corresponding right-of-use asset. By managing the lease lifecycle, scenario modeling, and providing an audit-ready history with real-time recalculations, the software significantly reduces the compliance burden, ensuring financial reporting is accurate, consistent, and auditable. Beyond core contract and lease accounting, Complete Control is positioned as a critical tool for broader regulatory compliance, including support for initiatives like the Norwegian Transparency Act, the Corporate Sustainability Due Diligence Directive (CSDDD), and DORA (Digital Operational Resilience Act), which demand greater oversight of supplier relationships and business data. The software's ability to structure, connect, and analyze contract and asset data turns potential compliance liabilities into a source of strategic insight. By integrating seamlessly with existing ERP systems via an API, it ensures that financial journals and lease payments are automatically shared with the corporate accounting software, eliminating manual data entry and ensuring data consistency. Ultimately, Complete Control's goal is to empower the finance function with reliable, structured data and automated workflows, allowing them to shift focus from administrative tasks to strategic decision-making and optimal financial performance.
The most prominent advantage is the seamless, deep integration of its dedicated IFRS 16 Lease Accounting module with the core contract repository. For companies with significant lease portfolios, the requirement to bring these liabilities onto the balance sheet under IFRS 16 is a complex and high-stakes financial challenge. Complete Control solves this by automating the entire lease accounting workflow, from data capture and currency conversion to the complex, real-time calculation of Right-of-Use assets and Lease Liabilities. This consolidation of contract management and specialized lease accounting in a single, audit-friendly platform eliminates the need to run and reconcile data between two disparate systems—a common, error-prone practice that often involves complex spreadsheets and external consultants. This integrated module saves the finance department considerable time and significantly mitigates the risk of non-compliance.
البائع
House of Control
موقع المقر الرئيسي
Høvik, Norway
الموقع الإلكتروني للشركة
https://www.houseofcontrol.com/
التواصل
+47 81566355
سنة التأسيس
2006
البريد الإلكتروني
Centralized Contract Repository
IFRS 16 Lease Accounting Module
AI-Driven Data Extraction
Automated Renewal Management
Termination Deadline Alerts/Notifications
Full Text Search (Google-like)
Digital Signature Integration (e.g., DocuSign)
Compliance Tracking (e.g., GDPR, DORA, CSDDD)
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English
Danish
Norwegian
Swedish
Where does Complete Control have offices in GCC?
Not available.
Who are Complete Control customers in the Middle East?
Not available.
What is Complete Control local address?
Not available.
Is Complete Control Platform available in Arabic?
Not available.
Does Complete Control platform use AI? And where?
The primary use of AI in Complete Control is to transform unstructured document data into structured, actionable financial information:
Intelligent Data Extraction: The platform uses AI/ML (often referred to as Natural Language Processing or NLP) to read and analyze contract documents, including PDFs, scanned images, and Word files, to automatically identify and extract critical metadata.
What it extracts: Key terms like renewal dates, termination deadlines, contract value, parties involved, and payment terms.
Compliance and Financial Data Ingestion: By extracting this data, the AI ensures that all relevant contract terms are accurately digitized into the system's structured fields. This is crucial for the platform's core function: automatically feeding accurate financial obligations into the IFRS 16 Lease Accounting module and ERP systems.
Audit-Ready Information: The use of AI-driven extraction minimizes human error and significantly speeds up the process of onboarding new contracts, ensuring the finance department has a complete, current, and reliable single source of truth for all contractual liabilities.
Is Complete Control a Web3 company?
No.
Are there any Web3 components in Complete Control?
No.
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