Financial Controls Program: ICFR / SOX / ITGC / MAR

Financial Compliance Software Solution

Risk-based approach to financial controls

If managing financial controls feels like an endless loop of duplicative testing, chasing evidence, and racing to meet deadlines—it’s not just exhausting, it’s risky. When control gaps go unnoticed or materiality isn’t tied to risk, it puts the integrity of your reporting—and your reputation—on the line. Our Financial Controls Program brings a holistic, risk-based framework to SOX, ICFR, ITGC, and MAR compliance.

Built for internal control managers, controllers, compliance teams, and audit leaders, this program aligns materiality with actual risk exposure, so you can focus your efforts where they matter most. It streamlines documentation and testing, enforces accountability across departments, and supports consistent execution from scoping and control design to remediation and certification.

With centralized oversight and connected insights, you’ll stop relying on spreadsheets and siloed systems and start delivering defensible, audit-ready results that strengthen confidence across the business. This isn’t just about compliance, it’s about building a control environment that drives long-term assurance and resilience.

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Where Are You in Your Risk Journey?

No matter where you’re starting from, we meet you there—and take you further. Choose the path that sounds most like you and watch how LogicManager transforms your approach to security and governance.

Still Using Spreadsheets?

Tired of Spreadsheets?

You’re manually updating rows and fighting fires with every audit. Watch how LogicManager helps you replace chaos with clarity—and get back hours in your week.

Stuck in a Filing Cabinet GRC?

Tired of looking through your filing cabinet

You’re logging controls and assessments into a passive system with no real follow-through. See how LogicManager turns your governance into performance.

Managing a Complex Program?

Need to manage complexity

You’re manually updating rows and fighting fires with every audit. Watch how LogicManager helps you replace chaos with clarity—and get back hours in your week.

LogicManager risk wheel people

Engaging Teams, Roles and Responsibilities

Strong financial controls require visibility, ownership, and seamless coordination across Finance, Audit, and IT. LogicManager supports unlimited users with role-based access, enabling cross-functional collaboration while maintaining clear boundaries and responsibilities.

Controllers, process owners, compliance leaders, and auditors all work from the same platform with access tailored to their role. This reduces friction, enforces consistency, and ensures your control program is efficient, defensible, and audit-ready.

Your Roadmap to Financial Controls Success

Enterprise Risk Management as the Foundation

Starting with ERM ensures your financial control program is both resilient and adaptable, helping you manage complexity proactively and focus resources on what truly matters for compliance and business success.

Financial controls succeed when built on a solid enterprise risk management foundation. LogicManager’s Risk Maturity Model (RMM) helps you align your control environment with enterprise risks while defining clear oversight structures and roles.

This holistic approach drives engagement by uniting stakeholders around shared responsibilities, increasing accountability and clarity. Grounding your Financial Controls program in ERM means materiality thresholds and testing priorities are risk-based and strategic, not arbitrary. This creates a powerful Risk Ripple effect, where improvements in one area strengthen risk management across the entire organization.

Financial Materiality & Assertion Scoping

Governance begins with pinpointing material financial line items and disclosures that matter most to your organization. LogicManager centralizes these components into a single source of truth, mapping each line item to corresponding financial assertions and applying established regulatory and auditing criteria to prioritize your control program.

This focus creates clarity and boosts engagement by directing teams’ efforts toward areas with the highest impact on financial reporting accuracy. Prioritizing controls with precision avoids wasted resources and ensures critical risks receive attention first.

These governance insights become the foundation for your assessment phase, providing measurable criteria to focus risk evaluations. By anchoring materiality and assertion scoping in a centralized platform, you empower a risk-based, transparent approach that strengthens control effectiveness.

Business Process Risk Impact Assessment

Your assessment process connects material financial items to the underlying business processes that drive them, enabling a holistic view of risk exposure. LogicManager’s platform evaluates risks across operational, ITGC, and entity-level controls to identify gaps and overlaps in your control coverage.

This comprehensive risk mapping reveals which processes need stronger mitigation, enabling you to prioritize efficiently and drive engagement by involving process owners in the risk dialogue. The detailed insights gained guide where controls should be implemented or enhanced, creating a prioritized roadmap for action.

This step extends the Risk Ripple by linking financial risks to operational realities, reinforcing your control environment and helping you stay ahead of evolving threats with a clear, data-driven strategy.

Financial Controls Implementation

Taking prioritized risks from assessment to action, LogicManager enables you to design and implement controls that directly mitigate identified assertion risks. This solution clarifies ownership and responsibilities, preventing duplication and confusion, while aligning documentation with materiality thresholds to ensure efficient oversight. 

By clearly defining control objectives and mapping them to risks, you empower control owners with accountability and the tools needed to execute their roles confidently. This step drives engagement by fostering ownership and supporting continuous improvement. 

Aligning control design with enterprise risks creates a dynamic environment where controls evolve alongside risk changes. This proactive approach fuels the Risk Ripple, ensuring your financial controls are not just compliant but resilient and business-aligned.

Controls Testing & Monitoring

Ongoing testing and monitoring are vital to confirm controls operate as intended. LogicManager streamlines this process by guiding teams through control design and operating effectiveness testing and consolidating results into centralized dashboards. These dashboards provide real-time visibility into assertion coverage, test outcomes, and evidence sufficiency, fostering transparency and accountability. 

This detailed insight empowers teams to detect performance issues or emerging gaps early, enabling timely intervention before risks escalate. Continuous monitoring supports ongoing engagement by providing actionable intelligence and maintaining focus on controls that matter most. 

By integrating monitoring with your holistic risk management platform, you sustain a Risk Ripple effect, strengthening controls continuously to protect your financial reporting integrity.

Findings, Remediations & Certification

When testing reveals control deficiencies or gaps, LogicManager’s structured workflows ensure swift, transparent remediation. Assigning clear remediation ownership, tracking progress with automated alerts, and documenting root causes keep all parties accountable and informed.

This collaborative process builds confidence among auditors and leadership while reinforcing compliance standards. LogicManager also simplifies producing certification-ready reports for external auditors, boards, and regulators, helping you demonstrate control effectiveness and risk mitigation clearly.

Feeding findings back into your ERM foundation closes the loop, drives continuous improvement, and embeds a culture of proactive risk management – delivering lasting business value.

Turning Activities Into Actionable Intelligence

Most Financial Controls programs are weighed down by manual documentation, fragmented tracking, and last-minute scrambling. LogicManager brings it all together, connecting risks, controls, testing, and certifications so you’re always ready.

Our Risk Ripple Intelligence surfaces the downstream impact of a failed control, missed test, or materiality change so you can respond quickly, confidently, and with full context. Insight Workbenches, dashboards, and certification-ready reports eliminate guesswork, reduce cycle time, and give leadership confidence in your program’s effectiveness.

Whether you’re preparing for an external audit, executive review, or board certification, your insights are already there – accurate, defensible, and complete.

LogicManager ERM Software Platform

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Speak with a LogicManager expert

Discover how LogicManager’s Financial Controls Program helps you strengthen internal controls, reduce the risk of misstatements, and stay audit-ready year-round.
 Talk to a risk specialist today to connect governance to financial integrity—and prevent fraud, waste, and negligence before they impact your business.

Frequently Asked QuestionsFoundations of Financial Controls

Traditional approaches often focus on exhaustive checklists and documentation. A risk-based approach prioritizes controls tied to material financial risks, making testing and remediation more efficient while improving compliance outcomes.

LogicManager centralizes scoping, risk assessments, control design, testing, and certification in one platform. This eliminates siloed spreadsheets, reduces duplicative work, and creates a single source of truth that is always audit-ready.

ERM provides the foundation by aligning financial controls with enterprise-level risks. LogicManager’s Risk Maturity Model (RMM) ensures controls are designed strategically, materiality thresholds are risk-based, and oversight structures are clearly defined.

Risk Ripple Intelligence connects the dots between risks, controls, and business processes. If a single control fails or a materiality threshold shifts, you see the downstream impacts immediately—enabling faster, smarter decision-making.

Absolutely. LogicManager is designed to manage complexity by linking risks, controls, testing, and certifications across the enterprise. With unlimited users, role-based access, and customizable workflows, it scales from mid-sized companies to global enterprises.

  • Risk-Based Foundation: Controls tied to material risks, not checklists.

  • Connected Insights: Risk Ripple Intelligence maps downstream impacts.

  • Unlimited Users: True cross-functional collaboration.

  • Audit-Ready by Design: Reports and dashboards always reflect real-time results.

  • Customer Success Commitment: Guided onboarding, continuous support, and a 90-Day Satisfaction Guarantee.

LogicManager offers no-code integration with 7,000+ applications through our Connector Program, so your financial control processes fit seamlessly into the tools you already use.

For financial control professionals, this means you can:

  • ERP & Financial Systems: Integrate with platforms like SAP, Oracle, Workday, NetSuite, and Microsoft Dynamics to pull in financial data, automate reconciliations, and link controls directly to line items.

  • Collaboration & Workflow: Use Microsoft Teams, Slack, ServiceNow, and Jira to assign control testing tasks, track remediation, and ensure timely follow-ups without leaving your daily workflow.

  • Document & Evidence Management: Integrate with SharePoint, OneDrive, and Google Workspace to centralize documentation, version control, and audit evidence.

By eliminating manual data transfer and unifying workflows, LogicManager ensures your financial control program is efficient, accurate, and audit-ready year-round.

By aligning control design with material risks, organizations detect anomalies earlier, enforce accountability, and create auditable evidence trails. Strong controls don’t just prevent errors—they proactively mitigate financial misstatements and fraudulent activity.

Model Audit Rule

Achieve your MAR testing and reporting, as well as MAR risk control assessments, using LogicManager’s comprehensive solution:

  • Access a variety of financial risk assessments, compliance assessments, and control libraries housed within LogicManager’s centralized platform to review past work and provide observations and recommendations as needed.
  • Tests can be linked to multiple controls across different business units, departments, assets, and more. By building these relationships, your organization can come to understand how a specific control impacts the organization as a whole.
  • Working with your LogicManager Advisory Analyst, replicate any template you’ve previously been using in our report tool. This allows for minimal disruption in your existing processes.
  • Our robust reporting engine helps facilitate your report creation. Here are some examples of commonly used reports for the Model Audit Rule:

    • Mitigation Dashboard
    • Testing Calendar
    • Last Test Results
    • Testing and Open Issues Dashboard
    • Issues Summary
    • Taxonomy Narrative (allows you to choose one audit and view everything recorded for the audit in the Taxonomy section of LogicManager).

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