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Get Compliant. Improve Your Business.
IDC reports that respondents to their survey "The Compliance Chasm", indicated that they were not only anticipating improvements in financial management activities but overall business performance management as well. 88% of respondents said that Sarbanes-Oxley would have a positive impact on business performance. As a result, IDC reports, a number of organizations have now moved from viewing compliance as a burden to using compliance requirements as an opportunity to improve business processes and manage risk.
"Sarbanes-Oxley requires constant vigilance over financial reporting processes that can extend throughout the enterprise," said study author Kathleen Wilhide, director, financial compliance applications and BPM software at IDC. "As a result, it is no surprise to see that technology, including compliance software, is playing a vital role in the compliance effort. The implications of compliance software reach beyond meeting Sarbanes-Oxley mandates; the software also has the capability to contribute to increased efficiency and profitability across the organization."
Log management and intelligence is a foundational activity for achieving SOX compliance. We've got more info on our site if you are interested.
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Posted October 20, 2005 in Compliance , LogLogic News | Permalink
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