Thursday, July 27, 2006
Processor Editorial Article - Coping With Compliance
Processor Editorial Article - Coping With Compliance: "If you depend on a major vendor�s ERP or CRM app, you may have compliance software on your network already. Take SAP�s mySAP ERP Financials (www.sap.com), an accounting tool for midsized and global firms alike. It has a number of governance features to cope with Sarbox and other regulations (and languages and currencies) in foreign markets. It�s also COSO-compliant, has an advanced audit and reporting system, and boasts a number of industry-specific features.
And then there�s Microsoft. If the notion of spending hundreds of thousands of dollars on compliance tools is daunting, you can build a compliance system with the Microsoft tools you already have, adding SharePoint and InfoPath to the mix (www.microsoft.com). Just ask Remedy Intelligent Staffing, which used Microsoft tools to build a Web-based library where all control documents are stored. It has basic document management features, such as version control, access control, and timestamps, to give auditors the raw data they need. "
And then there�s Microsoft. If the notion of spending hundreds of thousands of dollars on compliance tools is daunting, you can build a compliance system with the Microsoft tools you already have, adding SharePoint and InfoPath to the mix (www.microsoft.com). Just ask Remedy Intelligent Staffing, which used Microsoft tools to build a Web-based library where all control documents are stored. It has basic document management features, such as version control, access control, and timestamps, to give auditors the raw data they need. "
