SOX Compliance Software
One Solution for SOX Planning, Testing and Reporting
Our award-winning Decision Focus platform offers a highly flexible SOX solution that supports your SOX annual and quarterly cycle. Your planning, controls testing and remediation plans are captured in one single-cost no-code repository and can be seamlessly connected with risk and control data from the first and second lines of defence.
Planning and Scoping
Planning and Scoping
Prioritise controls testing relative to risks, accounts, systems and processes with this module of our GRC software
Plan your quarterly SOX resourcing and testing with embedded sampling and risk-based methodology
You are informed of any movement in risk-relevant MI through live dashboards and notifications, enabling prompt action to keep your risk profile within the bounds you set.
SOX Testing
SOX Testing
Integrated progress tracking of SOX evidence and controls tested
Customizable workflow and approval checkpoints for controls and programmes
You are informed of any movement in risk-relevant MI through live dashboards and notifications, enabling prompt action to keep your risk profile within the bounds you set.
Conduct SOX testing all in one place
No more searching around for endless spreadsheets, e-mails and documents.
- 1 Program which controls to test
- 2 Request SOX Evidence
- 3 Collate SOX Evidence
- 4 Carry Out SOX Testing
- 5 Track progress
Select which controls you want to test in the quarter and when you want to receive the evidence, with accelerated dates for listings where samples need to be selected.
Automated requests will be sent to control owners with details of what evidence is required when, for which periods, including any screenshots or parameters required for system-generated reports.
Control owners can upload evidence of control design, control operation, IT dependencies, end-user computing and management reviews. You can mark evidence as received to keep track of controls ready for testing and outstanding items.
Review evidence received and document results of testing. Our workflow setup allows for the primary SOX tester to pass on their work for review, with any number of approvals. Reviews can be carried out using @ messaging functionality within Decision Focus, which e-mails a link directly to the specific test, so that all review points are kept neatly in one place.
Check overall status of the quarter and year, with the ability to drill into individual controls, using our innovative dashboards. Track overdue items and follow up without needing to lift a finger by enabling automated past due notifications
Deficiency Management
Documenting root cause analysis, findings and remediation plans
Interactive action tracking in conjunction with the business
Automated notifications to keep remediation on track
Reporting
Inform SOX decision-making with intuitive dashboards and powerful reports at the push of a button
Standardised and customised reports, including S302 certifications and Audit Committee papers
Generate risk and control matrices with the flexibility to select which data you want to see
One Integrated Platform
One Integrated Platform
Complete linkages between risks, controls, processes, systems and testing, with all changes tracked and fully auditable
Direct and focused access to relevant data for all relevant roles, from SOX tester to Chief Audit Executive to Control Owner
SOX Compliance Software FAQs
What is the Sarbanes-Oxley Act?
What is Sarbanes-Oxley Compliance Software?
What are the 4 SOX controls?
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- Control Environment: Establishing and maintaining an effective control environment with a commitment to integrity, ethical values, and compliance.
- Risk Assessment: Conducting ongoing risk assessments to identify and assess financial risks that may impact the accuracy and reliability of financial reporting.
- Control Activities: Implementing specific control activities, policies, and procedures to mitigate risks, ensure financial accuracy, and safeguard assets.
- Monitoring Activities: Establishing monitoring mechanisms to track the effectiveness of internal controls, identify deficiencies, and take corrective actions when needed.
Is SOX compliance different in different countries?
Any questions?
The Decision Focus team are here to answer your questions.