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Information Security Selection
 

 section 404


SOX Segregation of Duties Matrix
I'll get to the downloadable SOX segregation of duties matrix in a moment, but first let me address a question from one of our readers.Needless to say, I

section 404  : Mr. Hankewicz mis-states Section 404 in his article Segregation of Duties and Its Role in Sarbanes-Oxley Compliance Issues.   He says this section (404) is a comprehensive list of accepted internal controls organizations must have in place to be deemed SOX-compliant. The list targets application internal controls and highlights areas where fraudulent reporting is likely to occur. We WISH it was a comprehensive list. In fact, the adequacy of controls are all subject to individual interpretation.

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Discrete Enterprise Resource Planning (Discrete ERP) RFI / RFP Template

Financials, Human Resources, Manufacturing Management, Inventory Management, Purchasing Management, Quality Management, Sales Management, Product Technology Get this template

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Information Security Selection
Information Security Selection

Documents related to » section 404

7 Things Every Executive Should Know About Telecom Expenses


Most enterprises waste millions of dollars annually by not managing their telecom spend in a standardized, centralized, more accurate way. Having ballooned up to being in the top four overall expenses of the entire company, telecom expense management (TEM) is something you should put on your radar—sooner than later. Find out why your telecom expenses are rising, and how you can work globally to reduce them.

section 404  corporate infrastructure found in Section 404 of the Sarbanes-Oxley (SOX) Act. Section 404 requires that CEOs and CFOs of public companies personally attest to the adequacy of their internal controls relating to recognition of revenue and expenses. TEM aligns with SOX efforts by automating telecom reporting and storing key financial data about telecom expenses. You can also help board members feel secure about the stringent controls in place on one of their top line-item expenses, when they sign off on Read More

Important Sarbanes-Oxley Act Mandates and What They Mean for Supply Chain Management


Two sections of the Sarbanes-Oxley Act (SOX) have major implications for supply chain management. Yet enterprises can meet the challenges created by SOX more easily by using software tools developed to simplify the processes for compliance with this law.

section 404  chain management (SCM). Namely, Section 404 (management assessment of internal controls) requires management to assess the effectiveness of its own internal controls and procedures for financial reporting each year. Section 409 (real time disclosure) requires companies to disclose material changes in their financial conditions or operations on a rapid and current basis. Section 404, which requires audit of internal controls, has made executives reexamine and sometimes replace operational systems that are Read More

Audit Considerations for Enterprise Software Implementations Part 1: Project Planning and Management


Thanks, in part, to the fallout from the financial scandals of Enron, WorldCom, Tyco and others, the corporate spotlight is being refocused on the audit function. However, by waiting until systems are live and in production before applying an audit regimen, you may miss an excellent opportunity to establish effective controls at the outset, when the enterprise software is being implemented. Read on to learn where and how, as an executive sponsor, project manager, or team member, you can instill audit procedures that can continue throughout the life of the software.

section 404  the respondents believe that Section 404 of the Act, which requires business process audits and documentation to support internal controls certification, is the most critical part of SOX. While some may argue that the Act does not go far enough, it is surely a positive, aggressive start. While this reemphasis may be good news for current and ongoing systems, the process of developing an audit awareness and the need for substantial controls can and should be established as software is being implemented. Read More

Sarbanes-Oxley Readiness with Microsoft Dynamics NAV


Organizations cannot achieve Sarbanes-Oxley compliance without the proper tools. But once these tools have been obtained, compliance becomes an opportunity for organizations to reevaluate their business practices and grow. Microsoft Dynamics NAV is a powerful ally in compliance efforts, and can give organizations the extra controls and review tools they need to help reach compliance and improve their organizational capacity.

section 404  disclosure of financial information. Section 404 This section stipulates that an internal control report must exist, which states that management is responsible for establishing and maintaining an ample internal control structure/procedure for reporting. In addition, the report must contain an assessment, as of the end of the fiscal year, of the effectiveness of the implemented internal control structure/procedure. The last stipulation requires that an external auditor approve the report. The objective Read More

Traffic Audits Make Strange Bedfellows: Part I - The Why’s and What’s of Auditing


Have you heard the one where the Director of Product Marketing, the CIO and the auditor are found together in a small conference room? Couldn’t happen, you say? Au contraire! With traffic being the lifeblood of an e-commerce site the Marketing crew knows that the traffic numbers are going to be audited. And they look to the CIO to make sure that the numbers pass muster. If there’s a problem with the numbers, the CIO may be blamed.

section 404  the White House Tour section between the hours of midnight and 5 A.M., you'd better know how many South Pacific islanders people actually surf those pages at that time. More specifically, it is the salespeople who have to provide the information. If IT is involved in the initial development and review of the ad model you'll have the chance to make sure that the right numbers are collected in a form that's easy to generate reports from. If you aren't involved in design then be prepared for late afternoon Read More

16 Percent of BPM Seekers Agree with the SaaS Delivery Model


Recently, Rob Barry summarized some important points on the topic of delivering business process management (BPM) through the software-as-a-service (SaaS) model (see Choosing Business Process Management: SaaS BPM or On-premise BPM? According to this article, although managing business process in the cloud is in an early stage, this delivery model is becoming more noticeable. After reading this, I

section 404  answers to the services section, in 2009, 16 percent of them checked this new added option. While looking into the profile of the hundreds of users that selected the SaaS option, (the “SaaS group” hereafter), I found some noticeable differences between this group of users and the rest of BPM seekers (the “non-SaaS group” hereafter) in the following areas: Business Size and Structure Although not quite significantly, the statistics suggests that bigger organizations are slightly more inclined to Read More

SAP BusinessObjects Edge for Business Performance Management Certification Report


SAP BusinessObjects Edge is now TEC Certified for online comparison of business performance management (BPM) solutions in TEC's Evaluation Centers. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

section 404  Calculating the TEC FI section (page 11). The Overall bar is our measure for determining which modules fall within the Dominant zone. If a module's difference from the average is greater than the product's overall difference from the average, we label it dominant. Those are the modules most responsible for pulling the Overall bar beyond the average. Modules with values that do not extend beyond the Overall bar, but still provide as much or more functionality than the average solution, are labeled Read More

Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part Two: Understanding Planning Calculations


The S&OP game plans drive coordination of supply chain activities based on planning calculations. The primary coordination engine-termed the master scheduling task-generates a set of requirements data and suggested action messages, and the system supports multiple sets of requirements data for simulation purposes. Further explanation starts with a review of all demands and supplies considered by planning logic, and then proceeds to an overview of the planning calculations.

section 404  figure 5.1. The previous section covered several sources of demand such as sales orders and sales forecasts, and how the system handles the combination of actual and estimated demand through forecast consumption logic. Figure 5.1 Sources of Demand and Supply Other sources of demand shown in figure 5.1 include un-posted inventory journals, component requirements stemming from production orders, and transfer order requirements. The sources of supply include on-hand inventory, quarantine inventory, and sched Read More

They Can Run, But You Can’t Hide


Politicians are reputedly experts at reinterpreting past statements in the face of current realities. A minor flap about one of them reveals a new way that the Web may impact politics (and business).

section 404  Can Run, But You Can’t Hide They Can Run, But You Can't Hide D. Geller - August 22, 2000 Event Summary It's quite possible that one of your friends, or some organization that has your e-mail address, sent you a notice about Governor George W. Bush of Texas, currently the Republican nominee for President of the United States, having established a Jesus Day in Texas. Depending on your political and religious choices you might have felt this to be interesting. TEC of course has no comment one way or Read More

Announcing the Upcoming TEC CRM Buyer’s Guide: Focus on Innovation


CRM has changed enormously over the past decade. New technologies and changing customer behavior have both had a great impact on the way companies manage their existing and potential clients. TEC’s upcoming CRM Buyer’s guide will show what CRM vendors are doing to differentiate themselves from the competition through innovation, and to help their customers better adapt to the

section 404  CRM Buyer’s Guide: Each section of the guide will feature a matrix comparing the most relevant solutions for that category of innovation. The guide will also contain a vendor directory listing dozens of companies that have created innovative products for customer management. Vendors interested in guide sponsorship opportunities can contact our Software Industry Programs team. Read More

Maintenance Software--Plan Ahead to Maximize CMMS Vendor Web Site Visits


For those looking for a computer maintenance management system (CMMS) vendor, the Web is often the first place to start. There are a number of web site features one should examine in order to maximize web site visits. Reprinted with permission from Plant Engineering and Maintenance magazine.

section 404  catapulted to that particular section of text. About the company The section describing information about the company will often present history, philosophy, policies, values, strategy, a general description etc.. If the CMMS vendor is a multinational, then multiple locations are provided, including contact information. In some cases, each country operates its own linked site. Any resellers or distributors should also be listed. Public companies often provide their annual reports. Products and services Read More

Your CRM Selection Challenge: CDC Pivotal CRM vs. NetSuite CRM+


Every now and then, I’ll examine the data from TEC’s past software selection projects, and explore the choices users have made. The information below is based on a real-life CRM selection project, but I have modified some of the data in order to respect confidentiality agreements still in place. To put myself in the user’s shoes, here’s how I answered the CRM Evaluation Center

section 404  system: • The Prioritize Needs section lets you set your detailed requirements. • The Compare Results section lets you compare your results using weighted average scores, or our BestMatch Factor. • If you have specific vendor cost information, the Compare Results section will allow you to enter the data and conduct cross-product comparisons based on cost, cost/weighted average, or cost/BestMatch Factor. • The Ratings section allows you to compare product feature ratings, either side-by-side Read More

CRM, Success, and Best Practices: A Wake Up Call Part Two: Modeling Success with Senior Management and CRM Culture


To maximize the return on investment of a customer relationship management system, a new CRM best practices model should be used. A point-based system, self-assessment model that emphasizes senior management leadership and the need to create a culture consistent with CRM can lead to a deployment strategy that is correlated with success. An interactive version of this assessment is included with this article.

section 404  into nine sections. Each section addresses culture- and initiative-oriented issues because for CRM to be effective, it must not only be implemented correctly but it also must be integrated into the fabric of the organization so that it has a chance to be understood and grow. The top six sections are primarily oriented toward the culture, while the bottom three sections address implementation issues. Figure 1 provides a graphical version of the model. It is then followed by the description and rationale Read More