Aline™4 SOX Optimum Compliance Solution for Accelerated Filers
The Aline4SOX™ Optimum Compliance Solution for Accelerated Filers, built on the powerful Aline™ Platform, has proven its ability to help companies leverage their existing risk and control framework assets and implement the new SEC and PCAOB guidelines, resulting in reducing their cost of compliance by 30-50%.
Aline features many unique, efficient methods to achieve easy, cost-effective compliance:
- Rapid implementation: Aline™ can be implemented in 5 – 10 days, including one day of end user training, without disrupting existing compliance programs.
- Integrated Top Down Risked based assessment tools and Compliance Analytics automate the scoping process to provide the optimum documentation and testing plans for your business.
- Integrated Reporting provides real time visibility into all aspects of the Sarbanes Oxley (SOX) 404 Compliance program and provides standard reporting across the enterprise.
- This Web-based solution requires no IT support and provides end user access anytime anywhere.
- Flexible subscription-based pricing provides an affordable; monthly cost and allows for unlimited users across the enterprise.
More importantly, this solution helps companies transform their current compliance expense into a high value asset that can improve their business performance.
Powerful Reporting
The powerful reporting Aline™ produces is simply done by checking the data elements needed, the sort order wanted and the filters desired at the click of a button. Clients can check their progress, deliver dashboards for the audit committee and provide drill down reporting on a project’s status for administrators.
Furthermore, Aline™ offers the ability to create narratives from the database and to instantaneously build spreadsheets for Gap analysis and framework optimization. If negotiation with auditors is necessary, Aline can be used to support the arguments that can reduce levels of deficiency.
Risk, Weighting, Scoping and Assessment
Aline™ covers the entire Sarbanes Oxley (SOX) 404 and 302 processes. A full scoping module helps promote the SEC recommendations on risk weighting to determine what controls should be examined and tested. Aline takes advantage of accounting guidelines on evaluating deficiencies to help companies objectively determine the level of a deficiency.
Aline™ also makes it easier for companies to complete their quarterly 302 certifications, because your information is so well structured, it becomes efficient to collect the information that is needed in a timely fashion and determine the effectiveness of a framework.
Proven Savings
Companies that have had the opportunity to truly optimize their control frameworks for Internal Control over Financial Reporting (ICFR) have typically found significant opportunity for cost savings, often with 20-30% identified within weeks. Three areas of optimization in particular stand out:
- risk and control redundancy
- replacement of high frequency controls with compensating low frequency
- entity-level controls and standardization of controls and testing definitions.
The new guidelines provide added rationale for such optimization to go wider and deeper still.
Aline4SOX™ is built on a powerful foundation that was developed to manage and analyze information, not documents. Fundamentally, Sarbanes Oxley 404 is about making the case to an auditor and doing so in the proper time frame. Aline4SOX™ includes various features that enable companies to track their compliance process, deliver reports, provide benchmarks and thus, meet their deadlines.
Learn How 
can leverage you Compliance Assets into Business Improvement.
Register for a 1 hour Webcast, a Live Demo! or Try Aline™ Risk Free.