The Sarbanes-Oxley, nicknamed Sarbox or just SOX is a law that exists since 2002 in the United States. It contains a number of provisions that impose obligations on public corporations designed to ensure transparency of operations and accountability. These provisions are designed to address specific business processes and ensure that auditable records are retained.
The core of SOX is its requirement that all financial processes are managed according to a stringent set of rules and regulations, supported by accurate reporting capabilities. This management and recording of controls can become a very time consuming and expensive project without a solution to streamline and automate these processes.
SoftExpert offers the most advanced and comprehensive software solution for compliance management that meets the stringent needs of various global regulations. SoftExpert Excellence Suite helps companies adhere to Sarbanes-Oxley 404 while lowering the costs of compliance, maximizing success, increasing productivity and reducing risks.
SoftExpert solution enables companies to define an internal control framework, to communicate and periodically test the controls, to identify key risk departments and to regularly review the program. The software provides the ability to define, test, and monitor internal controls based on multiple control frameworks such as SOX. With SoftExpert, financial reporting is effortlessly and transparently assessed.