Sarbanes Oxley (SOX) 404 Compliance
What Companies Need
Companies in their 2nd and 3rd year of Sarbanes Oxley (SOX) 404 compliance activities typically seek to turn a Sarbanes Oxley (SOX) 404 project into a repeatable program and to reduce their costs through reduction, standardization, and optimization of key controls.
First year companies need a straightforward way to navigate their Sarbanes Oxley (SOX) 404 process and to avoid the pitfalls that await the inexperienced.
Aline4SOX™ is just such a tool. Within the competitive industry of Governance, Risk, and Compliance (GRC) Software, our compliance software provides a fully integrated Aline™ Platform, with industry leading automated reporting and scoping, and dashboards to provide real-time visibility across the enterprise.
“We have been using the Aline™ tool for the past three years and it has reduced our outside consultant costs down to zero. In addition, it has provided an efficient and effective means for capturing all of our internal testing requirements. One of the key features of using the Aline™ software is it allows me to view, at a moments notice, where the testing process stands as it relates to our subsidiaries, and compared to other tools we evaluated for optimization of our SOX process, Aline™ really fits our needs.” -Dave Mancina, Chief Audit Executive, Unifi
Success requires full visibility... not only to the project status but to the specifics of the underlying information. Data must be sliced, diced and reassembled, on demand, to allow the SOX 404 team to make the right decisions. Documentation and control testing must be a straightforward process making it easy for the right people to effectively do their jobs.
BI International, with long standing expertise in design of powerful risk management frameworks, has developed a superior approach for handling Sarbanes Oxley 404 and has incorporated it into Aline4SOX™.
- By focusing on structuring data rather than collecting documents, Aline™4SOX allows a Sarbanes Oxley (SOX) 404 compliance team to build a business control framework. Users find they turn 404 / 302 from an unending process of document pass-around into straightforward accessibility.
- Anyone throughout the enterprise can be assigned the rights to enter data and retrieve information in the form they need. Practitioners can generate custom narratives and matrices on demand; they can view and print up-to date project status via the easiest to use and most powerful reporting and analytic engine in the industry.
- All reports can be delivered in Microsoft Excel®; users have the flexibility to develop custom formatting and what-if scenarios.
Aline4SOX™ requires no set-up or installation, because it is delivered over the web as Software as a Service (SaaS) and accessed through MS Internet Explorer®, users typically can upload pre-existing work and data within 10 days. Savings and control can start immediately.