The House of Control Group AS is a Norwegian software company specializing in providing solutions for financial management and control of businesses. The company was founded in 2005 and has since developed an innovative and comprehensive portfolio of products that enable its customers to improve their financial management, keep track of their finances, and make effective decisions.
The main business model of House of Control lies in providing three different divisions: Finance, Governance, Risk and Compliance (GRC), and External Reporting.
The Finance division includes the products completeControl, Budget, Forecasting, and Cash Flow, which serve as solutions for financial and business planning and analysis. completeControl offers a holistic software solution that allows customers to streamline their business processes, manage their finances, and maintain comprehensive control over their company. Budget and Forecasting support companies in creating financial plans and forecasts and help them manage their budgets and resources more effectively. Cash Flow is a financial analysis tool that enables companies to analyze and optimize their payment flows and processes.
The GRC division is an integrated solution that addresses the topics of governance, risk, and compliance in companies. The products in this division include Control Panel, Audit Management, and Compliance, which help companies detect compliance threats, minimize risks, and meet their corporate objectives. Control Panel offers a unified control system that enables continuous monitoring and flexible setup. Audit Management provides a coordinated system for managing audits and ensuring compliance requirements. Compliance is a process and hazard management tool that helps companies prevent and minimize violations of compliance regulations.
The External Reporting division of House of Control includes tools such as Reportal, xPression, and Smart Close, which help companies create their financial reports more effectively and faster. Reportal offers an end-to-end solution for external reporting that provides fast report creation and comprehensive review and quality assurance features. xPression is a reporting tool that offers fast report creation, great workflow, and comprehensive internal controls. Smart Close is a software that allows companies to automate the closing process and improve the quality and accuracy of financial statements.
The business model of House of Control is based on providing comprehensive and innovative financial solutions to help companies work more effectively and make better decisions. The company's focus is on providing products that are capable of optimizing customers' business processes and improving financial management. Additionally, the company is able to create better collaboration, transparency, and effectiveness in companies by applying modern technologies and processes. Through continuous development of innovative solutions, House of Control has established a leading position in the market and gained an expanding customer base of globally operating companies in the financial services and trade sectors.