The Sarbanes-Oxley Act, SOX, is an on-going migraine headache for corporate America because compliance is expensive, confusing and increasingly stringent. Companies are justifiably nervous about the uncertainty surrounding internal controls since no governing bodies have precisely determined what compliance with Section 404 actually means. Fortunately, purchasing automation solutions make SOX compliance much less of a risk and a headache.
Inside this guide you will learn...
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Why Executives must know the source of the data they use.
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How a lack of internal controls can unintentially lead to questionable practices.
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Why both public and private companies should be concerned about SOX Compliance.
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How three-way matching provides a "Source to Pay" SOX compliant audit trail.
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How automating your purchasing process simplifies SOX Compliance.
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Why purchasing the most expensive software does not necessarily make you SOX Compliant.
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Why maintenance of proces documentation is so critical.
The businesses best prepared for the results of upcoming audits and compliance revelations will be those that took the required changes and transformed them into an opportunity to establish better business relationships, efficiencies and processes. Download this free guide so you can stay ahead of the game. There's no risk, no obligation, and no credit card required.