Guessing is not a strategy: How to build decision velocity with AI and real-time data
June 10, 2026 | Live Webinar
The Sarbanes Cure
There are no quick-fix solutions for Sarbanes-Oxley compliance. Improving enterprise controls, transparency and visibility requires enormous preparation and sustained effort. But many companies don't realize just how much their existing portfolio management processes and program management offices can (and should) help.
With the introduction of Section 404 of the Sarbanes-Oxley Act (SOX), U.S. public companies are legally required to have internal controls and a framework in place capable of documenting and evaluating all controls deemed significant to the financial reporting process, and a nod from SOX auditors as to their effectiveness.
SOX has been introduced to help restore investor confidence in the financial market by increasing transparency of company accounts, but is seen by many as the thin end of the wedge. As such, CIOs will be expected to support and automate internal processes with IT systems, and need to start planning in the long term. And their executive colleagues will want to ensure they select the right strategy.
"Companies need to avoid 'quick-fix' point solutions for compliance and instead invest accordingly to meet the upcoming regulations," says Mark Strauch, COO of compliance and project portfolio management expert Business Engine, which has a number of customers using its BEN solution to manage compliance programs. "While many have been …
Please log in or sign up below to read the rest of the article.
ADVERTISEMENTS
|
"Never look at the trombones, it only encourages them." - Richard Strauss |