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Sarbanes Oxley & Auditability

For public companies Sarbanes-Oxley legislation means that any financial or accounting process that impacts the company's balance sheet must be secure and fully auditable.  As a consequence, being able to generate accurate product costs in a secure and auditable environment is now a key issue.

SBM: Solution's advanced security and user permissions features ensure that user access can be restricted and data integrity maintained across all types of deployment. Because SBM is a transaction based system that automatically  tracks and logs any changes to your models and price data, it puts you one step ahead in the SOX compliance race.

Cost Modelling, Actual Costing & Variance Analysis, Resource Planning, Simulation and Budget Management all maintain "Who did what and when" transaction logs in common language, so every time you change a cost model, modify a price table, calculate your actual costs or undertake a planning run, you can see precisely what actions have taken place together with the time, date and identity of the user. All authorised users can select and view the complete history of a data record and drill down through to review its supporting data,

 

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Last updated July 2006