23 October 2017
visit www.response.ncr.com

CFO Strategies ships SOX compliance tool

24 July 2007  |  1134 views  |  0 Source: CFO Strategies

CFO Strategies today announced the launch of SOX Compliance Manager, a comprehensive Web-based toolkit that significantly reduces the cost and complexity associated with Sarbanes-Oxley compliance.

SOX Compliance Manager incorporates CFO Strategies' unique field-tested project management methodology to help companies accelerate Sarbanes-Oxley implementation, identify the areas of highest reporting risk and automate the compliance process. The solution deploys quickly, is user-friendly, and structured to fit the needs of any budget. The fees are subscription based - there are no separate license fees, upfront capital expenditures, or maintenance fees. The SOX Compliance Manager includes:
  • A customizable archive of best-practice compliance documentation spanning all major business and IT processes.
  • A broad foundation of policies, procedures, and controls, as well as, strategic and tactical guidelines for effective project management.
  • Leading-edge workflow and document management tools that allow for the assignment of project tasks and the oversight of critical control documentation.
  • Robust project reporting and database tracking system


"SOX Compliance Manager is a cost-effective solution designed to help companies work smarter when it comes to Sarbanes-Oxley compliance," said Jerry Hutter, Chief Executive Officer of CFO Strategies. "Sarbanes-Oxley Act was passed in 2002 in response to a great need to improve corporate governance and financial reporting - it's not going away. This Web-based toolkit helps companies effectively execute their compliance process while significantly reducing the often exorbitant cost and effort."

The Sarbanes-Oxley Act, also known as the Corporate Responsibility Act, was passed in response to major financial scandals including Enron, WorldCom and others. For small and medium-sized companies, the costs associated with Sarbanes-Oxley compliance are often disproportionately higher when compared to larger companies. Today, small companies are spending $250K to $1 million per year on their compliance efforts.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.atos.netvisit www.innotribe.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
18772 views comments | 25 tweets | 36 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
14998 views comments | 23 tweets | 31 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10887 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
8919 views comments | 14 tweets | 28 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job