ICE Integrated Control Environment improves business integrity by helping your organisation achieve and demonstrate good governance and regulatory compliance, whilst minimising risk.
Designed to cut the cost of SOX compliance or for other complex regulatory frameworks, ICE improves governance, reduces risk and significantly enhances the management of organisations’ control environments. The system is suitable for any complex enterprise that needs to reduce the cost audits associated with maintaining regulatory compliance.
Clearly demonstrate compliance with regulations such as SOX, FCA the UK Corporate Governance Code, or ISO quality standards and achieve best practice in the design, documentation, monitoring, auditing and reporting of your control framework.
ICE includes everything you need to deliver a truly integrated control environment:
- Process and controls library provides a secure, integrated repository to document the whole control framework
- Control diary shows users what needs to be done and when
- Control performance monitoring captures information daily on the performance of controls and related evidence
- Workflow ensures tasks are documented, reviewed and approved, providing a full audit trail, with task lists, alerts and reminders for task owners
- Control environment auditing enables organisations to continuously monitor the control environment through structured test planning, results documentation and issue tracking & resolution
- Control performance reporting offers a variety of interactive, real-time reports
- Control of end-user applications ensures that they are documented, understood, evaluated and controlled, providing a clear view of relationships and dependencies
- Publication of Control Environment offers comprehensive documentation packs for specific business or functional processes, published at the click of a button
- Accounting policy, IT systems and glossary documentation shows the relationship between policies, systems and the control environment
- Reporting modules offer flexible, customised reports
- User and system administration provides user and system administration suites for authorised users
- Integration with finance, audit and HR systems can be customised to automate information flows and feeds to and from key functions.
ICE meets the requirements of internal and external auditors by delivering evidence of a control environment that is well-designed and operating effectively at the touch of a button.
It is the only Governance, Risk and Compliance solution that your organisation needs to achieve cost-effective, fully-integrated financial, regulatory or operational compliance.