antares RiMIS® IKS Software
Thanks to the complete documentation of process controls and workflow-supported monitoring, antares RiMIS® ICS software uses effective procedures to ensure that your business processes run transparently, securely and in accordance with defined (legal) regulations. The process encompasses all company bodies, including the supervisory board and management. With our internal control system ICS software, you not only ensure compliance with legal requirements, but also create a basis for sustainable corporate processes.
Internal control system
Control workflow
Authorizations
Sorting the controls
Convenient report portfolio generator
Functions of the IKS software
- Efficient procedures for assessing risks and a systematic control workflow are key components of an internal control system that ensure compliance requirements are met.
- Consideration of the four ICS principles
- Effective mechanisms for reviewing the effectiveness, traceability and target fulfillment of controls
- Possibility of connecting further analysis, reporting and planning modules and easy combination with extension modules such as antares RiMIS® ISMS (information security), antares RiMIS® DSMS (data protection) or antares CIRS (anonymous reporting system)
- Secure authorization concept, internal auditing and simple reporting
- Automatic translation into the Group language (fee-based module)
- IKS software options: on-premise or cloud-based solution
antares at a glance
- Software provider in the areas of risk management and business intelligence
- 30-strong team consisting of IT and technical experts
- Own in-house development team
- Over 30 years of experience in the development of information systems
- 3,000+ projects successfully completed
- 45,000+ active users work with antares information systems every day
Advantages of the internal control system ICS: keeping an eye on risks
Control workflow
Our ICS software, as part of a comprehensive internal control system, offers a systematic workflow of controls as well as the presentation of the control activities to be carried out on a filterable and searchable overview screen. The monitoring system thus ensures completeness, transparency and clarity. The tool allows the definition of control owners, whereby different owners can be defined for each control for each organization, legal unit and process.
Effectiveness
Controls are reviewed at regular intervals for their effectiveness, traceability and fulfilment of objectives. The periodic review provides information on whether the controls are suitable to have a positive effect on the control objectives and to counteract the deposited risk or whether measures are necessary to adjust a control. In short, as soon as control objectives are not achieved, the periodic reviews help to realign control measures.
Integration
The internal control system is available as an integral part of our GRC software solution antares RiMIS®. Due to the web capability, any number of employees access the system decentrally, participate permanently in the project and obtain information independently. The basis for setting up a more comprehensive risk management system with an internal control system is the COSO ERM framework (Enterprise Risk Management).
Monitoring
The standard functional scope of the ICS software already includes evaluations of the status of the controls within the processes, aggregated views from a process, legal and organizational perspective with drill-down. Control measures can also be sorted according to their effectiveness.
Reporting
With the convenient report portfolio generator of the control system, the user has the possibility to create independent report portfolios as well as to integrate the ICS area into the risk management report of our software solution for opportunity and risk management antares RiMIS®.
Documentation
The execution of control activities is automatically communicated to the control manager. The approval process within the ICS software can be specified individually, and the dual control principle can be designed with multiple levels. In this way, the control objectives are kept in view.
Your path to an effective ICS - flexible solutions, clear advantages
An effective internal control system (ICS) is an indispensable tool for companies to ensure compliance with legal guidelines and identify risks at an early stage. It is not just about implementing controls, but above all about the continuous monitoring and optimization of processes. Our ICS solution offers you the opportunity to flexibly map individual requirements and efficiently manage specific tasks.
The focus of an ICS is on ensuring process quality and compliance with internal and external requirements. This applies to all of a company's operational processes - from financial accounting to risk management. Our software provides you with a powerful tool that offers you comprehensive transparency of all relevant information.
An ICS tool not only facilitates the documentation and traceability of controls, but also supports companies in complying with their guidelines and uncovering potential weaknesses. For growing companies in particular, it is essential to use a scalable ICS that can be adapted to dynamic requirements.
As an experienced provider of risk management software, we focus on offering you a customized solution that optimally complements your existing structures. Our ICS solution is intuitive to use and enables new employees to quickly familiarize themselves with their tasks.
With a modern ICS tool, companies can not only meet legal requirements, but also improve their internal processes in the long term. Get detailed information about our ICS solution today and find out how we can optimize your processes.
Arrange a free demo today and experience how our tailor-made ICS solution can support your company in complying with guidelines and optimizing processes.
FAQ
The controls are managed as master data in the ICS software and can be "distributed" flexibly within the company as required.
Yes. In addition to various possibilities of structural assignment, there is also an assignment to the process. The structure can be built up multi-dimensionally.
Yes, controls can be selectively weakened or strengthened in the internal control system.
Yes, the control type can be used to define mandatory, target and optional controls.
Yes, reminders in the ICS can be sent both directly in the application and by e-mail.
Yes, there is a two-way allocation option (control to risk and risk to control).
An internal control system (ICS) is used to systematically identify and assess risks within a company. Through the consistent monitoring of business processes and the targeted implementation of controls, potential risks can be identified at an early stage and appropriate countermeasures can be taken. In this way, the internal control system contributes significantly to risk minimization and adherence to compliance requirements.
Download
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.
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.