Project Description

Challenges

Forizon Harmony begin with an effort to completely adhere to Sarbanes-Oxley polices (SOX). As the business examined its present state of compliance readiness, it discovered a number of inherent difficulties. The organization maintained regulatory and focused narrowly on compliance and used compartmentalized regulatory controls. Moreover, a lot of company’s enterprise units relied on desktop productivity tools like standalone spreadsheets and manual processes to document their internal controls. These tools and the manual processes were not capable of reaching Sarbanes-Oxley’s requirements for documentation of controls and processes.

SOX Compliance Management App

The Defraudit SOX Compliance Management App allows enterprises to effectively street address SOX compliance problems, and reduce the time as well as expenses associated with managing compliance. The app can handle the process of starting a SOX scheduling, structure and preparing danger assessments, and performing control tests and evaluations.The app’s “organization structure” functionality allows organizations to model their SOX compliance applications according to their intricate organizational setups.

SOX Compliance Setup

Produce questionnaires, and agendas for certifications based upon SOX Section 302 and 404. Look at a SOX 302 sub-certification document which supplies management teams with the guarantee that sub-ordinate have done their internal control tasks.

Man Reaching SOX Compliance goal

Monitoring and Reporting

Keep track of the real key departments involved with SOX compliance, and also the procedures, connected controls and assessments, and self-evaluation plans. Drill right down to see the data at finer level. Manage metrics cards to track number of test status.