Customized compliance solutions: Meet legal requirements securely and efficiently
In SMEs, the requirements for risk management are often just as high as in large companies, but there is often a lack of resources for comprehensive measures. This is where internal control systems (ICS) come into play, helping to effectively identify, evaluate and manage process risks. We offer a specialized solution that meets the specific requirements of SMEs.
Our GRC software antares RiMIS® ICS supports companies in implementing an ICS that covers all key business processes. By continuously monitoring ICS controls, potential risks can be minimized. This includes financial risks as well as operational risks and, of course, tax risks, which can minimize liability risks according to the current situation.
Our software makes it possible to create and regularly update individual risk profiles. This allows companies to dynamically adapt their risk strategies and react to changes in the market environment. In addition, the system offers comprehensive reporting tools that enable clear documentation and tracking of all measures.
A decisive advantage of our antares RiMIS® ICS is its ease of use and the ability to integrate it seamlessly into existing systems. This allows companies to optimize their risk management processes without having to tie up extensive IT resources. Our solution has a modular structure and can be expanded as required, which is particularly advantageous for growth-oriented SMEs.
FAQ
An internal control system (ICS) is a key component of risk management. It comprises all measures, rules and processes that a company implements in order to identify, monitor and minimize risks. An effective ICS supports companies in complying with legal requirements and safeguarding operational processes.
An internal control system is crucial for medium-sized companies in order to identify and manage financial, operational and legal risks at an early stage. It creates transparency, promotes trust among business partners and customers and helps to remain competitive in the long term.
An internal control system integrates seamlessly into risk management by:
- Risks systematically identified,
- established control mechanisms to minimize risk,
- enables regular reviews and audits and
- ensures compliance through clear responsibilities and processes.
An ICS offers numerous advantages, including
- Minimization of errors
- Increasing process reliability
- Compliance with legal requirements such as ISO 31000 or IDW audit standard 340
- Strengthening the corporate image through professional risk management
Modern software solutions, such as antares RiMIS®, automate and simplify risk management. They help to record, monitor and evaluate risks, seamlessly integrate internal control systems and create transparency across all departments.
Arrange a free product demo
Select your desired option and arrange a free, no-obligation consultation with our Managing Director Jochen Brühl.
We will answer your questions and ensure that you get to know our software in detail. We will be happy to show you the solution to your individual requirements. If you wish, we can then present our software's range of services to you, live and direct, via a web session or in person at your premises.
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An effective internal control system (ICS) helps you to address risks with controls so that acts of abuse and damage to companies are prevented. For more information on the ICS module and its workflow, see the white paper.