SOX 404 Compliance Kit 323
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I’m the Corporate Controller of a small public company looking to implement SOX 404 without spending USDUSDUSD on consulting fees. I found 2 programs that state that they can assist in implementation:
- ProCognis, Inc., SOX 404 Compliance Kit (.procognis.com)
- Cost Advisors, SarboxPro (sarboxpro.com)
Has anyone used these? Any recommendations? Other suggestions?
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Problems with these softwares are : they fix-up with certain models and cannot be customised for other complaince requirements. I mean they are not flexible enough.
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Some info about SOX Tools…
auditsoftware.net/community/expo/tools/index.htm
auditsoftware.net/community/expo/contact/vendors.htm
I am with a small company and in my experience, have had good success with MS Office. For a large company that is decentralized and/or has multiple reporting units, a SOX Tool might be helpful.
However, a significant investment is required to populate the ‘SOX Box’ with the necessary information and to suit the business model of the Company.
Hope this helps,
Milan