There are a great number of external controls being carried out in the business world today, mostly by state institutions. The ICS is especially helpful for rectifying the errors found early on. Familiarity with the company’s internal processes means that sources of error can be identified more quickly and surprises can be prevented.
An effective ICS is very complex. Implementation should be carried out by a manager entrusted to do so by management. When doing so it is important to develop a clearly structured and transparent system which communicates across companies and which clearly divides the required competences from the beginning. In addition, control systems must strike a balance between simplicity and effectiveness. Another important task is regularly testing and improving the control system.
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