Tools For Sarbanes Oxley Compliance
This article discusses several tools for Sarbanes Oxley compliance.
Oxley, Sarbanes, tools, compliance, information, business
The Sarbanes Oxley Act of 2002 (SOX) has set in place some of the toughest corporate governance standards in the world. In light of the ongoing enforcement of such accountability legislation, the need for software solutions to help organizations manage the challenges associated with Sarbanes Oxley compliance is tremendous. There are a number of points to be considered when seeking out Sarbanes Oxley software.
A good Sarbanes Oxley software solution should provide an integrated platform with specific modules designed to meet all of your SOX 302 and 404 needs. Integration points for document management, control monitoring, business intelligence and internal auditing are key. Adopting an integrated architecture reduces the time and effort involved in gathering and reporting on Sarbanes Oxley compliance, risk management, and other governance data.
Such a tool should also help organizations meet additional governance responsibilities including the standards set out in the COSO ERM framework and emerging Basel
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