ʝ First I’d recommend that you think differently about the technologies you already have õčʴñĔŁĴÕ²čÑñĔŖļĔŁĴÕļñÕČļĔ kill multiple birds with one stone — because that ability exists to do it, today, across multiple domains. The second piece would be ļĔËĔčţëŁİÕļñÕļÕËñčĔĆĔëõÕĴ you’re using to reduce manual processes and to simplify those reviews that need to happen. For example, what is a better way to
review changes to a vendor bank ²ËËĔŁčļʤ\²ŘÊÕËİÕ²ļÕ²ŖĔİăŤĔŖ so that when an admin changes a bank account — because an admin probably shouldn’t be doing that sort of thing — it gets routed to someone in compliance for review. The information about that change should exist somewhere in your system, and ticketing systems that large companies use can ingest that information and send it to someone for a little extra scrutiny.
MK: And how would that help ËĔČĭĆõ²čËÕĔêţËÕİĴʔ ʝ Well, if you want a solution that can help you, the compliance ĔêţËÕİʞÑÕļÕËļ²ĭİĔÊĆÕČÕ²İĆŘʞ rather than it goes on for two years ²čÑˇɿČõĆĆõĔčõčËĔİİŁĭļĭ²ŘČÕčļĴ Ć²ļÕݲčÑŘĔŁʿİÕĆĔĔăõčë²ļ²ˇɿɽɽ million penalty — if you want to avoid that outcome, these are the steps you have to be willing to undertake.
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Q&A: 20 years of SOX compliance
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