Take a risk-based approach
LogicManager is built on a foundation of risk management best practices, so in the process of reviewing and updating your controls, easily determine which controls are most critical based on which ones are linked to the highest risks. Leverage the results of your risk assessment at any point in your process to identify areas of vulnerability that may require additional controls.
Maintain a centralized inventory
Our centralized repository makes it easy to build a strong inventory of your controls so that you can refer to them in one place whenever you need. By having a side-by-side comparison of all controls at your disposal, you’ll be more likely to notice connections and dependencies.
Pass your audit with flying colors
The Control Review and Updates solution package helps clarify what ICFR and SOX auditors should actually be testing, so they can easily design their fieldwork around what you’re providing them. This creates a cleaner view for the tester to complete their work without losing key information about the related control (ultimately streamlining their process and saving you time and money).
Gain a holistic view of your organization
Link controls to the risks they are mitigating, as well as the tests used to confirm control effectiveness. Each control can be linked to multiple risks, tests and resources to easily track all areas of the organization it’s impacting. Reference these controls to other resources your organization has housed in LogicManager – such as policies, procedures or guidelines – to gain a comprehensive understanding of all aspects of the control.