This is iFACTS

The enterprise system for a new generation. Today's fast moving companies with important values such as competences, relations, IT, supply chain, brand or R&D require more than just control of facilities and office inventory. iFACTS is developed for all types of organizational value and activity. You will find control and compliance in a new light, instantly available a keystroke away. iFACTS is GRC, Decision Making, Insurance, Quality, Risk Management, BCM and much more.

 

The problem that iFACTS solves

Many organizations have the "corporate data" scattered and uncoordinated - a lack of master database. Several systems in different areas are displaying the organizational structure and roles differently. This results in multiple silos with no coordination and endless administration. Some examples:

  • Business activities (IT, Projects, Incident reporting etc.) handled in silos causing sub optimization and expensive administration. No coordination.
  • Business continuity cannot be demonstrated because no one knows how it is all connected.
  • Several different incident report systems doing basically the same thing (IT incidents, crisis, HSE incidents, etc.).
  • Thousands of IT systems not being controlled. Some are not used but still being maintained, others are duplicates, vital business functions in local Excel spread sheets.
  • Compliance efforts in separate silos and systems (SOX, Fire protection, Information Security, Loss Prevention, etc.) that all could be coordinated into one approach.
  • Potential business impact of millions of € that no one is aware of because everything is in silos. For example; what if the production process has a maximum of 1h IT downtime but the IS/IT function is setup for 40h?

 

What is iFACTS?

The purpose of iFACTS is to control all organizational value and activity, ensuring that objectives are reached.

One major output of iFACTS is an organizational map of how it is all connected, for example:

The production process - logistic software - IS/IT - external suppliers etc.

 

 

The map can be displayed in several perspectives depending on what you are looking for:

  • The critical line
  • Vulnerabilities
  • Performance scores
  • Dependencies
  • Values for each object (EML, BIA, project budget, etc.)
  • Compliance perspective (FDA, Fire protection, SOX, Information Security, etc.)
  • Objective fulfillment perspective (Budget, Sales, Customer satisfaction, etc.)

This will give management a holistic view of the organization and tools to quickly identify strengths/weaknesses opportunities/threats and to act instantly.

 

How does it work?

iFACTS starts from the very bottom by documenting all organizational values and activities. The proprietary web based method - HOMERUN - is used to do this efficiently in the iFACTS .NET software.

Rolling out iFACTS in the organization means having thousands of responsibilities simultaneously document assets and activities in a systematic approach - all being transparent and visible. During the roll out, assets and activities are connected and dependencies established.

 

What makes it so special?

By documenting the entire organization from the very bottom - identifying requirements, objectives, risks, incidents and dependencies - a unique platform is established.

Not only will it provide true business value - it will as well handle all the requirements from regulation and norms to comply with.

Compliance is a major issue for any large organization, often resulting in complicated administration and many different silos solving for example: SOX, PCI, BCM, CSR, Environment, Supply chain, Risk assessment, Information Security, Insurance etc.

iFACTS is ONE platform handling all of this.

 

Is iFACTS for me?

iFACTS is a community software powered by the customer user group and the partner network.

The iFACTS web is the meeting place where you will find:

  • Licenses, upgrades, downloads
  • Technical documents, checklists, IT hosting
  • Best practice Questionnaires, Risk scenario libraries, Requirements, KPIs etc.
  • Knowledge database with documents, links and references
  • Benchmarking
  • Case studies
  • FAQ
  • Forum
  • Community contacts
  • Education & training
  • Partner contacts and competence profile
  • Meet the developers

The iFACTS business model is an open community sharing experience and together shaping the future of the software.

For more information about the iFACTS concept contact us.