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Software Functionality Revealed in Detail
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 sarbanes oxley effects

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Documents related to » sarbanes oxley effects

The Sarbanes-Oxley Act and International Financial Reporting Standards


Recent legislation has bought about unparalleled emphasis on corporate governance and regulatory compliance. In the United States, the Enron and Worldcom affairs have led to a new law Sarbannes-Oxley. In Europe, the EU parliament has decided that all countries must streamline the laws for financial reporting in accordance with IFRS rules from IASC. Bringing organizations into compliance with new demands for corporate governance is having immediate and long-term effects. In this paper we discuss the current business environment, those facets of legislation impacting manufacturers and how QAD enterprise suite of applications can assist you in achieving corporate governance and regulatory compliance quickly, efficiently, and cost-effectively.

sarbanes oxley effects  Sarbanes-Oxley Act and International Financial Reporting Standards Recent legislation has bought about unparalleled emphasis on corporate governance and regulatory compliance. In the United States, the Enron and Worldcom affairs have led to a new law Sarbannes-Oxley. In Europe, the EU parliament has decided that all countries must streamline the laws for financial reporting in accordance with IFRS rules from IASC. Bringing organizations into compliance with new demands for corporate governance is Read More

The Path to Healthy Data Governance through Data Security


Companies today are challenged to maintain their data safe and secure from hackers and others with unauthorized access. In his article, TEC business intelligence (BI) analyst Jorge García looks the risks and issues that companies face with securing their data, the importance and advantages of data security, and outlines a path that companies can follow to achieve data security as part of an overall data governance initiative.

sarbanes oxley effects  privacy regulations (e.g., The Sarbanes-Oxley Act , The EU Data Protection Directive , Directive on Privacy and Electronic Communications ). Intellectual property protection available in various forms: patents, trademarks, copyrights, etc. Internal data access regulations. And organizations can reap numerous benefits from having an information security governance initiative in place: Effective and auditable compliance with proper data security regulations. Effective data security risk assessment and Read More

Automotive Industry and Food, Safety, and Drug Regulations


Enterprise application providers wanting to address the distinct regulatory requirements of the automotive, food, safety, and life sciences industries need to offer enterprises industry-oriented enterprise resource planning systems that are sound and compliance-ready.

sarbanes oxley effects  or Else): Looking at Sarbanes-Oxley , Important Sarbanes-Oxley Act Mandates and What They Mean for Supply Chain Management , and Sarbanes-Oxley Act May Be Just the Tip of a Compliance Iceberg . Automotive Compliance Issues In addition to having to comply with each mighty OEM''s proprietary communication standards and protocols, one of the latest key automotive regulations is the US Transportation Recall Enhancement, Accountability, and Documentation (TREAD) Act. This regulation requires greater control Read More

Are Sales Incentives Even In Tune With the Corporate Strategy?


With sales being the lifeblood of virtually any company, selling should be an accurately accountable process forming the basis of overall strategic objectives. Still, the question remains: how much enterprise incentive management (EIM) do enterprises need, and in what form?

sarbanes oxley effects  expectations like the US Sarbanes Oxley Act (SOX) (see Using Business Intelligence Infrastructure to Ensure Compliancy with the Sarbanes-Oxley Act ), etc., the time might well be ripe for approaching an incentive specialist. A more elegant solution instead feeds the incentive data into a reports server, which then shoots an e-mail alert to senior management. In turn, managers can then tweak individual bonuses, and use the software to track how each salesperson is faring in hitting target numbers. Read More

Six Reasons You Should Think About Getting a New Accounting System


Accountants and business people overall are generally aware that whatever happens in the company must be reflected in the corresponding accounting books or ledgers as accurately and as quickly as possible. This means that accounting as a business process should be able to obtain, process, and store a significant volume of data that comes from a battery of different sources. I do not believe we

sarbanes oxley effects  effect of the US Sarbanes-Oxley Act (SOX). Import/export functionality is extremely important for accountants, but you would be surprised by how many software packages do not support this. From my numerous conversations with practicing accountants, I know that the problem still exists, and that they waste plenty of effort in reinventing the wheel to work around this obstacle. Modern applications surely have the problem resolved; however, many companies are still using older packages. 5. Your accounting Read More

How a Leading Vendor Embraces Governance, Risk Management, and Compliance


SAP AG has long committed to placing compliance at the core of its product suite, as the vendor has recognized the growing role of enterprise systems in assisting companies to meet the increasing challenges of corporate compliance and risk management.

sarbanes oxley effects  or Else: Looking at Sarbanes-Oxley , Important Sarbanes-Oxley Act Mandates and What They Mean for Supply Chain Management , The Sarbanes-Oxley Act May Be Just the Tip of a Compliance Iceberg , Automotive Industry and Food, Safety, and Drug Regulations , Evergreen —Environmental Regulations for High-tech and Electronics, Chemical, and Oil and Gas Industries , Global Trade and the Role of Governance, Risk Management, and Compliance Software , The Challenges of Defining and Managing Governance, Risk Read More

Data Security, Governance, and Privacy


To meet regulatory requirements such as the US Sarbanes-Oxley Act (SOX), IT managers are now receiving the board-level visibility and budgets required to improve enterprise data security. For example, companies need secure and verifiable audit trails that track the activities of database administrators (DBAs) and other privileged insiders. But have you considered the seven essential elements of database security?

sarbanes oxley effects  such as the US Sarbanes-Oxley Act (SOX), IT managers are now receiving the board-level visibility and budgets required to improve enterprise data security. For example, companies need secure and verifiable audit trails that track the activities of database administrators (DBAs) and other privileged insiders. But have you considered the seven essential elements of database security? Read More

LogRhythm and SOX Compliance


In order for a business to stay on top of compliance requirements required by the Sarbanes-Oxley Act (SOX)—and avoid financial penalties or possible jail time—it must take a good look at its IT environment and financial reporting processes. The collection, management, and analysis of log data are integral to meeting SOX requirements and as such, require a system that automates these processes across the IT infrastructure.

sarbanes oxley effects  requirements required by the Sarbanes-Oxley Act (SOX)—and avoid financial penalties or possible jail time—it must take a good look at its IT environment and financial reporting processes. The collection, management, and analysis of log data are integral to meeting SOX requirements and as such, require a system that automates these processes across the IT infrastructure. Read More

Improving Intercompany Reconciliation for a Faster Close: Driving Financial Excellence


Are you moving beyond the need to comply with legislation like the Sarbanes-Oxley Act (SOX), to focus instead on driving sustainability and control in your processes? Do you have an initiative to support the fast close—or does your ability to complete your accounting cycles and close your books need a boost? Learn about technology and a methodology that can help you deal with the intercompany reconciliation challenge.

sarbanes oxley effects  the rigor of the Sarbanes- Oxley Act '' resulting in timeconsuming, labor-intensive efforts to ensure the quality of financial data. It''s no wonder that companies once again are focused on speeding up the completion of their accounting cycles. To achieve a faster close, you must scrutinize every step in the reporting process to figure out where your company can save time and how it can optimize the process. Based on our experience working with some of the world''s leading companies, we''ve determined that Read More

The Yin and Yang of Electronic Commerce


This note identifies the major corporate functions that engage in E-Commerce activities and the kinds of information flows that result from E-Commerce activities.

sarbanes oxley effects  E-Commerce,Electronic Commerce,E-Commerce activities,What is E-Commerce,E-Commerce initiative,back office,E-commerce impact,E-commerce business function,Ecommerce Solution Read More

FlexiFinancials Suite, FlexiPortal and Remote Office Components


Flexi develops the FlexiFinancials suite of enterprise financial accounting software, which is geared primarily to the banking, insurance, and financial services industries. Flexi also provides implementation and support services for FlexiFinancials. Flexi’s accounting capabilities help companies streamline their business processes and the product’s technology allows for seamless integration with their current applications through powerful and flexible APIs using Web services or COM+. Flexi's applications provide the flexibility to operate on various database platforms including Oracle and MS SQL Server. The fully integrated enterprise resource planning (ERP) accounting suite includes modules for general ledger, accounts payable, accounts receivable, fixed assets, purchasing, and projects. Flexi products also have built-in capabilities to help address internal security regulations and external compliance issues such as Sarbanes-Oxley (SOX) and the Health Insurance Portability and Accountability Act (HIPAA).      

sarbanes oxley effects  compliance issues such as Sarbanes-Oxley (SOX) and the Health Insurance Portability and Accountability Act (HIPAA). Read More

Joining the Sarbanes-Oxley Bandwagon; Meeting the Needs of Small and Medium Businesses


To meet tough government compliance, more vendors are offering compliance solutions. CODA's collaborative task modeling tool takes an enterprise's best practices model, audits business processes, automates data collection, and creates a secure collaborative space to offer checks and balances to simplify compliance monitoring.

sarbanes oxley effects  the Sarbanes-Oxley Bandwagon; Meeting the Needs of Small and Medium Businesses Introduction The need for solutions that can meet compliance regulations has grown. In 2004, finance executives around the world became increasingly sensitive to the need to improve reporting in relation to their corporate governance and regulatory compliance obligations. CODA Group , a United Kingdom-based finance management system specialist responded by launching CODA-Control , a task modeling tool (engine), which Read More

Reducing Operational Risk of IT Service in Finance


An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee's New Capital Accord expected to become effective during 2006. Because of the dependence financial institutions have on IT services, the accord requires adequate provision to assure the availability of these services. Centauri Business Service Manager is presented as the solution: one that allows a CIO to assess current risk levels, measure ongoing risk and support a process of ongoing improvement to reduce this risk. Furthermore, Centauri provides the financial institution with a cost-effective balanced scorecard to improve decision-making.

sarbanes oxley effects  itsm configuration management,operational it service management,itsm software solution,it service management suite,itil compliance,it management,information technology infrastructure library,itil,information technology,itsm framework,management information systems Read More

Exploring the Database Forest


This article for information technology (IT) leaders and database administrators portrays some of the most interesting trends that are shaking up the information management industry, along with the noticeable effects that these developments are having on IT.

sarbanes oxley effects  information technology,IT,information management industry,information management,database forest,database Read More