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| SOX Compliance Tools in Microsoft Environment The Blue Sage Group announces it has released its newest product, Torch Control, a ready-to-use Sarbanes-Oxley Internal Control software tool that combines content with a powerful document manager and audit and reporting tools which enable companies to reduce the cost of compliance. Initial beta phase testing has been completed and the product is now available. Torch Control provides a sustainable, cost-effective SOX 302 / 404 compliance solution, especially for small and mid-sized companies. The program provides an easy to use toolkit that automates many 302 / 404 requirements. Torch Control's compliance software is flexible and can be tailored for any business and implemented within a short, three to four week timetable. The program is rich in content with many product features yet is simple to install and use. The combination of content with software enables the user to perform the routine tasks of updating, evaluating, monitoring, reporting and testing internal controls in a more time-efficient and operationally effective manner. The Torch Control's resources provide users with best practice examples, training materials, user guides and links to external resources. The software contains pre-loaded templates, forms and documentation that are tailored to a company's requirements. Torch Control has been designed by financial reporting experts and incorporates the COSO framework in a design that can be updated to accommodate changes to the company, market and regulations. Additional features include "change over time" that ensures history remains intact while allowing users the ability to document current and / or future events. The built in audit trail enables companies to track and report these changes. Torch Control software can help reduce the initial and ongoing cost of compliance via automation which minimizes labor requirements and facilitates reporting and information maintenance. Available solutions range from simple, single instance tools to comprehensive suites designed to support complex organizations. Each solution has been designed to allow quick and easy implementation, as well as low-overhead in use and administration. Torch Control can be installed quickly and can be tailored and loaded with pre-existing control data in one to four weeks. Torch Control has been designed to dramatically reduce the cost of 404 and 302 compliance by incorporating these program elements and provide smaller companies with a solution that fits their business needs. write your comments about the article :: © 2006 Computing News :: home page |