Compliance with the French Financial Security Act for SME and holding companies ..................................................
Objectives
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·Ensure conformity to the French Financial Security Act (Loi Sécurité Financière)
·Facilitate drawing up annual report
·In the short term, convince audit structures (supervisory board, independent auditors, etc.) that the enterprise has selected the right way forward.
Solution
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Identify priority processes and account groups.
Identify and assess risks in terms of probability and possible impact on corporate objectives.
Specify control points using a standard framework
Set up self-assessment for directors.
Set up and monitor corrective action plans
·Feedback from independent auditors
·Indicators and scorecards provide objective measurements for management and pinpoint inherent weaknesses in procedures
ISIMAN provides all functions necessary for high quality feedback monitoring and reporting:
Selective operation of feedback process
Automatic generation of feedback documents including user ID, return date and reminder period
Integrated one or two step workflow for feedback
Reminders sent out until results obtained
Standard feedback monitoring and graphic format reporting functionality
·Export into Excel spreadsheet of all validated results
Benefits
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Rapid Implementation Within a matter of days the solution can already be in use as a standard questionnaire is provided as an integral part of the solution.
Customizable The solution is customisable and can be adapted to keep pace with changing requirements.
Minimal IT Architecture Requirements The solution runs in an Intranet/Internet environment and is installed on any Microsoft server. It requires minimum IT support. Web-based publication and functionality require no client installation.
For Small Enterprises The solution is designed for a single-site configuration.
Easy to implement The customized, automated solution enables you to set up an optimal risk management system with the minimum of effort.
Accountability Publication of results for all those involved in internal control and risk management ensures reliability and accountability for all.
Step by step The preliminary steps required for implementation of the solution in the short term provide the basis for many years to come.
Secure Web system Secure access rights specific to your enterprise ensure security at all times.
Value added Although the solution is specifically designed for compliance with the FFSA, it can be implemented as part of our overall offer ISIMAN Enterprise
Companies concerned
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All French SME or holding companies in Industry or the service sector concerned by the French Financial Security Act (Loi Sécurité Financière)
