- Multiple functional siloes operating with inefficient accruals, and running follow ups without any SLAs.
- Limited visibility into real time financial reports, procurement and payroll issues.
A Global leader in annuity products using manual email based practices to track SOX controls in Finance business units
- GRC Data Model: 55 SOX Business Processes, 400 Controls, 7 business units across 3 locations. Policies | Risks | Statements | Controls | Attestations | Dashboards
- Enterprise Risk Management. Multiple sources of risks (Issues, External & Internal audits, Process Memos, Organisation Risk Register). Risk scoring based on Confidentiality, Integrity, Availability parameters
- SOX Compliance: SOX 302, 404 certifications (quarterly, yearly). Automated evidence collection. Managed Control lifecycle with attestations for new control, control changes, and execution. Auto-generation of issues upon control failure.
- Key Performance Indicators. SOX Risk Manager: Pending attestations, issues closure rate. SOX Compliance Manager: Key Report Master Inventory.SOX Quarterly Governance.SOX Aggregated Deficiencies
- Automated 400 SOX controls across 7 financial business units.
1,000 to 5,000
Governance, Risk & Compliance