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Selecting the right Compozer package for your organization is essential to achieving effective ICOFR compliance. Compozer offers three distinct packages – Essential, Accelerate, and Enterprise – each designed to cater to different levels of organizational needs and complexity. Whether you’re just starting your ICOFR journey or looking to enhance an existing framework, understanding the features of each package will help you choose the best fit.
Compozer Package Overview
| Features | Essential | Accelerate | Enterprise |
| Control Self-Assessment (CSA) | ✔ | ✔ | ✔ |
| Evaluation (TOD, TOC) | ✔ | ✔ | ✔ |
| Remediation | ✔ | ✔ | |
| Management Reporting | ✔ | ✔ | |
| Analytics & Automated Testing | ✔ | ✔ | |
| AI-assisted compliance | ✔ | ||
| GRC Foundation | |||
| Business Process Mapping (BPM) | ✔ | ✔ | ✔ |
| Risk and Control Matrix (RCM) | ✔ | ✔ | ✔ |
| Organization structures | ✔ | ✔ | ✔ |
| Role-based Access Control | ✔ | ✔ | ✔ |
| Workflow (Checker/Maker) | ✔ | ✔ | ✔ |
Choosing the Right Package
- Essential Package
The Essential package is ideal for organizations in the early stages of ICOFR implementation. It focuses on core features such as control self-assessment, evaluation, and foundational GRC elements. This package is perfect for smaller businesses or teams that need a straightforward solution to establish initial compliance processes.
- Accelerate Package
The Accelerate package builds on the Essential package by adding remediation and management reporting capabilities. It is designed for organizations that have established basic compliance processes but are looking to streamline and automate more of their workflows. This package suits mid-sized businesses seeking to improve efficiency and oversight.
- Enterprise Package
The Enterprise package offers the most comprehensive solution, incorporating analytics, automated testing, and AI-assisted compliance. This package is tailored for large organizations with complex structures and high regulatory demands. It is best suited for businesses that require advanced technology to manage extensive controls and ensure continuous monitoring.
Key Considerations for Package Selection
- Size and Complexity of the Organization – Larger and more complex organizations benefit from the Enterprise package, while smaller firms may find the Essential package sufficient.
- Compliance Maturity – Organizations with mature ICOFR processes can leverage Accelerate or Enterprise for enhanced automation and reporting.
- Resource Availability – Teams with limited resources may opt for Enterprise to minimize manual effort through automation and AI-driven features.
Why Compozer?
Regardless of the package, Compozer provides:
- Pre-built Content & Knowledge
Accelerating implementation with ready-to-use frameworks.
- Training (In-house/Online)
Empowering teams to fully utilize the platform.
- Co-sourcing/Outsourcing Options
Offering flexibility in resource management and implementation support.
Discuss with Us
Selecting the right Compozer package ensures that your organization can efficiently meet ICOFR requirements at every stage. By partnering with us and leveraging Compozer, organizations can choose a solution that scales with their needs, providing a clear path to successful and sustainable ICOFR compliance. Talk to our experts now at discover@compozer.com.sg.