SARBANES-OXLEY S404 Software

Without a sustainable compliance model in place, control assessment and testing is destined to remain punitively burdensome and costly.

Failure to systematize control maintenance and remediation and to automate assessment processes, will commit the corporation to substantial ongoing costs, control ineffectiveness and extensive challenges in satisfying S404 audits.

Leaders4 - The S404 Compliance Solution

Leaders4 from 80-20 Software is a totally integrated Governance, Risk Management and Compliance (GRC) solution. Unlike conventional S404 solutions available today, Leaders4 promotes a unique top down, risk based methodology, which ensures that the cost and effort of control assessment and testing is proportional to the assigned control risk.

Leaders4 provides a versatile, efficient and sustainable S404 management model which will:

• Dramatically reduce the cost of S404 compliance assessment and testing.
• Drive a culture of compliance accountability and awareness throughout the corporation.
• Substantially reduce external audit costs whilst fostering strong trusting relationships with the Auditors and the SEC.
• Simplify processes associated with management certification of quarterly and annual financial statement.
• Support ongoing compliance risk management and audit planning.

Leaders4 substantially reduces the internal S404 assessment and testing effort. It does this by providing:

• The means for continually assessing control risk materiality and ensuring formal assessment and testing effort is always focused on high risk or key controls.
• A highly efficient questionnaire based assessment method suitable for all secondary controls (potentially comprising 80% of all documented controls).

In addition, Leaders4 drives a measurable reduction in external audit fees by ensuring:

• An effective risk management model is implemented ensuring Audit effort is directed predominantly towards high risk controls
• The activities of external audit can confidently leverage the work of others .
• Auditable control and assessment processes satisfy external audit – thus circumventing the necessity for costly re-testing programs.

Following a proven deployment methodology and harnessing the outputs of manual S404 compliance and certification efforts, Leaders4 from 80-20 software provides a complete sustainable S404 compliance solution.

Features & Benefits

For more detailswww.80-20.com

Major SOX-404 Softwares

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