• Overview
• Accounts Payable
• BPA Solution
• BPM Solution
• Case Management
• Claims Management
• Compliance
• Sarbanes Oxley
• HIPAA
• Email Management
• Forms Management
• Information Outsourcing
• Records Management
• Reports Management
• Scan Management
• Solution Templates
• Underwriting

Sarbanes Oxley

The mandate: comply with SOX regulations. But how do you address such a big challenge?

Challenge

It's all about accountability. It's all about control.

Sarbanes-Oxley mandates that your organization demonstrate the processes it has in place for compiling and generating financial statements, and it is also important to be able to document these processes with a clear audit trail. But many Financial Service firms are struggling with meeting this regulation: records management plans have been put together as stop gap measures, but data and processes are often handled inconsistently. The processes created are difficult to track or audit, or the accountability for record and document retention and deletion is not clear. Paper and digital records are stored and managed differently from one business unit to the next. These inconsistencies equate to weak spots of internal control.and often incompliance.

Solution

Global 360 Sarbanes-Oxley Solution enables you to get into compliance and stay there-regardless of new or changing regulations. How? With a business process and analytics management solution that is flexible and agile enough to help you meet the changing regulatory demands.

Employee processes throughout your organization, whether in accounting, finance, or other departments, are integrated, and their actions and decisions are fully traceable for later audits. Financial business processes are constantly monitored and measured against the compliance objectives of your organization-at all levels. Structured and unstructured data is retained in a system where it can be quickly accessed, with an audit trail that shows a history of how that data was accumulated and changed. By providing a holistic view of business operations, Global 360 Process Analyzer allows you to identify the gaps in process and fix the weak spots in your system that put you at regulatory risk.

Benefits

Global 360 enables you to:

• Leverage transparency and visibility into your business process execution for greater control and the confidence that your processes are Sarbanes-Oxley compliant
• Integrate human and system processes for a comprehensive compliance strategy that lowers business and compliance risk and alerts you of any breeches
• Ensure transactions are executed according to the expected process utilizing controls and tracking/reporting capabilities
• Meet the current Sarbanes-Oxley requirements, and be ready to adapt to those to come
• Mitigate risk by utilizing monitoring functionality and process analyzers to identify weaknesses