Home Ivis Community News & Events Support Contact Us

Ivis-GRC

The Problem   The Ivis Solution
  • You are managing your SOX process using Excel, email, hardcopy, etc. & you haven’t automated because of the cost
  • You are worried about the: Reliance on individuals, Manual tracking and lack of visibility, High visible and hidden costs
  • Do you really know where you stand?
  • Are the work papers: Complete and where you think they are? Backed up anywhere?
  • Has someone changed controls or tests without approval?
  • What is in your path to compliance?
  • What happens if your SOX administrator leaves?
  • Are you really “in good shape” like you told the Board?
  • A web-based tool to manage documentation, processes, controls and tests
  • Easy migration from your current processes
  • Compliance status “dashboard” reporting
  • Workflow capable
  • Comprehensive audit trails and security
  • Hosted remotely, secure, back up and available 24/7
  • Low cost of ownership in initial startup phase and continuing annually thereafter. Minor cost and time to implement
 

Process Designer

  • Intuitive flowcharting tool
  • Integrates risk with related control and test
  • Workflow-driven testing and remediation
  • Migration path from:
  • Your hardcopy, through
  • Uploading and locking that hardcopy, to
  • Online flowcharting & workflow
  • Easy update to meet changing circumstances
  • Full audit trail of changes
  • Changes require approvals

Process Controls

  • Controls integrated with related risks and tests
  • Flexible documentation standards
  • Comprehensive control categorization
  • Controls are security enabled to prevent unauthorized edits

Risk Assessment

  • Entity level risk assessment
    • Upload your approved assessment
    • History of changes
  • Transaction level risk assessment
    • Integrated with controls and testing
    • See your risk, related control and testing in context

Process Tests

  • Testing process driven using workflow
  • Manual or automated test kick off
  • Can workflow tasks and tests
  • Online escalation
  • Online response and update
  • Upload and lock test documentation
  • Workflow driven test approval
  • Workflow driven approval and execution of remediation plan

Document Management

  • Comprehensive document manager for any document types (contracts, policies, procedures, permits, etc)
  • User definable synopsis header
  • Available Document version always current
  • Update notification
  • Utilizes current infrastructure e.g. Outlook

Application Security

  • Processes have to be locked to get into production
  • Can then only change assigned user, start date and lead time
  • To change a Process requires:
    • Copying, editing & locking new process
    • Archiving legacy process
  • Locking requires defined notification/approval
  • Customary hierarchical access controls
  • Audit trail of all changes in production

Dashboard

  • 24/7 real-time status of compliance and testing
  • A map of your compliance status
  • Historic reports and audit trails
  • Notification of non-compliance
  • Notification of non compliance
  • Notification of changes to processes and controls
  • Ability to drill-down into control and test details
  • Remote access, reports and alerts for auditors

 

Hosting Security

  • Hosted on secure servers
    • 24/7 access
    • Secure remote back up
    • SAS 70 compliant site
  • Customary hierarchical access controls
    • By person
    • By module
  • Audit trail of changes

Value Summary

  • Minimal learning curve with:
    • Easy transition from current compliance process
    • Use of existing infrastructure such as email
  • Compliance is:
    • Visible and enforced with alerts and clear hand-offs
    • Independent of individuals
  • Low cost of ownership through “Software As Service” (SaaS -per user, per year pricing)
  • Control/Process Agnostic
    • SOX, ISO, HIPAA, etc.
Get More
Info...


Process Flowcharting

Dashboard & Reporting

Workflow

Interactive Testing

Document Management

Risk Management

Intuitive Interface

Audit Trail

Start Your
2-Week Trial Today!

Privacy Policy