An Integrated Internal Control Information System, designed to enhance accountability, transparency and efficiency in public and private organizations.

Sequel, known for its successful procurement management software Nemesis, which has become an institution in the public administration with a wide clientele of large public organizations, strengthens its portfolio with an innovative solution for the management of internal audit.

The Necessity of Internal Audit in the Public Sector

Under the new legislation, public organizations are obliged to implement internal control systems to ensure compliance, transparency and efficient management of their resources. Sequel’s new information system meets this need, offering the appropriate tools for standardizing and automating control procedures, as defined by legislation. This technological excellence reflects the company’s vision of a future where accountability and transparency are integral elements of governance. “The development of the new Internal Control system is the result of our commitment to offer solutions that meet modern needs”, notes Asimakis Fotopoulos, co-founder of Sequel.

What the new “EPOPTIS” Internal Control System offers

“EPOPTIS” was designed to fully cover the needs of organizations regarding the management and automation of internal control procedures. It is based on the best international practices and incorporates modern technologies for maximum performance.

Main features:

• Standardization of processes: Support of control teams through risk identification, recording and assessment tools.
• Automate audits: Create workflows that ensure efficiency and accuracy.
• Risk management: Develop, archive and prioritize risks through sophisticated algorithms and performance indicators.
• Follow-up: Systematic monitoring and management of corrective actions, ensuring implementation of recommendations and achievement of objectives.
• Reports and reports: Produce standardized documents and dynamic reports for management and stakeholders.
• Interoperability: Integrate data from third-party systems for more comprehensive analysis.

The ease of use of the system and its ability to adapt to the particular needs of each organization are central advantages. As Georgios Makris, an Internal Auditor with long experience, points out, “the standardization and reliability offered by the new system strengthen confidence in the control procedures.”

Inspired by “The Overseer”

Sequel’s new approach draws inspiration from Epoptis software, a product that combines audit best practices with sophisticated risk management and compliance tools. Epoptis provides structured audit work, risk assessment tables and capabilities for instant security updates. These features were incorporated into the new system, giving it the flexibility and power to quickly adapt to the needs of a modern environment.

The benefits for organizations

The use of the system guarantees:

• Increased transparency and accountability: Improving internal processes and compliance with regulations.
• Save time and resources: Through automation and data integration.
• Adaptation to the needs of the organization: Possibility of parameterization to meet special requirements.
• Decision support: Providing evidence-based information to support management.

Investing in such solutions is not only an option to adapt to the requirements of the legislation, but also a strategic axis that strengthens the sustainability and efficiency of any organization. “Legislation now requires modern control solutions, and our new product comes to fully cover these requirements”, explains Vassilis Feygas, one of the main initiators of the project.

Sequel at the cutting edge of technological excellence

Sequel, with a history of successes such as Nemesis, confirms its commitment to developing products that meet modern challenges. “The technological superiority of our new system offers organizations a tool that combines performance and flexibility while ensuring full compliance,” says Chief Development Officer Magda Cordorumba.

The new Internal Audit system is the next step for any organization seeking to enhance its efficiency and accountability. With Sequel’s signature, technological excellence meets reliability and functionality.