Financial Controls Management

The economic crisis of 2008 will increase focus on better governance, risk and
compliance management. Every jurisdiction will consider introducing more stringent
requirements around financial controls, making it more complex and challenging,
with increasing risk and exposure. Compliance with Sarbanes-Oxley (SOX),
European Union’s 8th Company Law Directive on Statutory Audit, J-SOX, and IFRS
will require a renewed focus, and focus can easily equal cost. AXENTIS can help you
control that cost and, in the process, simplify the administrative burden by using
one technology tool to manage and measure all of these requirements consistently
and in one place.

How will you control that cost and at the same time simplify the administrative
burdens that exist in people, processes, and technology?

Simplify your GRC efforts.

Proven benefits of AXENTIS Financial Controls Management Solution include:

More effective mitigation of all compliance-related risks.

Collaboration with the compliance office, those managing operating risk or any
functional area that exposes the organization to risk.
More efficient use of limited compliance management budgets.
Better reporting to upper management and auditors.
Faster responsiveness to domestic and global regulatory change.
Greater protection from legal liabilities and harm to reputation.

The Challenges
The roles of financial control compliance professionals are complex, resource-
intensive and time-consuming as they:

Comply with new international regulations and standards with similar but different
requirements such as J-SOX in Japan, 8th European Union’s Company Law Directive
on Statutory Audit, Turnbull in the U.K., and CSA 52-313 in Canada.
Work with multiple silos and functional departments that are responsible for
documenting, assessing, testing and remediating financial controls.
Struggle building and automating a formal process or system of defining the roles
and responsibilities needed to reduce duplication of effort, give adequate coverage
and provide consistent interpretation across multiple business units and countries.
Deal with inconsistent and resource-intensive means to communicate to employees
and other stakeholders what they need to know and do to sustain compliance,
coordinate impact assessments, establish awareness training, policies and
procedures, action plans and track attestations.
Find it time- and resource-intensive to maintain accurate visibility on issues and
risks, and report status across the organization.
The Solution
AXENTIS Financial Controls Management Solution provides a complete set of
capabilities to address a single complex mandate, such as Sarbanes-Oxley, or
develop a comprehensive enterprise and integrated risk and control framework.
AXENTIS enables Finance and Audit resources to gain better control, as well as
manage and track financial controls by delivering a unified, adaptable and highly
automated solution.

With AXENTIS, your company will be able to:

Meet multiple regulatory, legal and audit requirements simultaneously.

Automate and maintain consistent, ongoing and repeatable processes for worldwide
compliance programs not provided by first-generation solutions or via spreadsheets.
Foster a true culture of compliance by providing employees and partners with the
ability to measure compliance status and issues logically linked to relevant
mandates, policies and procedures and prioritized risks.
Manage regulatory performance, assessment and audit, and increase accountability
and business ethics.
Consolidate all financial compliance activities and reporting for increased
transparency and oversight.
In fact, only AXENTIS applies a Risk-driven Compliance Management™ approach to
compliance that facilitates the incorporation of compliance management into
customers’ broader GRC strategies helping you to reduce risk, cut costs, and
establish a viable long-term strategy for compliance success.

To sign up for a demonstration, please Request Demo here or contact

ComplianceOnDemand@axentis.com.

Capabilities
Policy & Procedure Management
Training Management
Survey Management
Risk & Control Framework
Law & Regulatory Framework
Assessment & Audits
Remediation & Action Plan
Incident & Issues Management
Integration, Security & Reporting

IT Governance
Today's businesses expect to leverage technology as a competitive advantage,
streamline and solve business problems and create agility and opportunity. At the
same time, they expect you to deliver these capabilities with smaller budgets and
fewer resources in an environment with increasing external demands. IT
Governance is about adopting and adapting industry standards to improve business
alignment, address compliance requirements, manage and preserve assets and
provide technology services that help the company meets its business goals and
objectives.
What are you doing to ensure that sound IT practices are aligned to meet these
objectives?

Align IT with your Business Objectives.

Proven benefits of AXENTIS IT Governance Solution include:

Optimize asset utilization.

More efficient use of limited compliance management budgets.
Minimize cost of resources.
Better manage technology risks in the local and extended enterprise.
Improved visibility of effective compliance and risk management.

The Challenges
Managing and monitoring the various processes that comprise IT Governance is
complex, resource-intensive and time-consuming. It involves:

Managing frequently changing organizational structures and keeping up with

changing business and partner relationships to assess risk.
Managing multiple process areas policies, procedures, controls and frameworks
while keeping projects on track and complying with legal and regulatory
requirements.
Making sure that the right policies and communications get to the right employees -
and that they are truly understood.
Staying on top of rapidly changing regulations and standards with visibility on the
overall effectiveness and risks within IT.
The Solution
The AXENTIS IT Governance Solution equips IT risk, compliance and governance
professionals with the tools to assess and optimize IT processes, managing risk and
compliance activities across and beyond the enterprise. Whether you're dealing
with privacy or security regulations or have adapted operational standards like
ITIL™ or CobiT™, you can start implementing it where you want to have the first
impact, and then extend it in the same area or across different standards,
requirements or frameworks. The AXENTIS IT Governance Solution also offers the
flexibility to include your vendors, suppliers and business partners more easily into
your risk and compliance management processes.

With AXENTIS you can:

Adopt a single framework for managing controls and standards.
Apply a consistent process across multiple regulatory, legal and audit requirements
simultaneously.
Unify multiple silos and fulfill internal and external compliance requirements while
reducing duplication of effort.
Ensure visibility of core processes across the enterprise, while driving down
implementation costs.
The most effective on demand process optimization environment for empowering
companies to turn governance, risk and compliance initiatives into better business
performance and competitive advantage.
To sign up for a demonstration, please Request Demo here or contact
ComplianceOnDemand@axentis.com.

Capabilities
Policy & Procedure Management
Training Management
Survey Management
Risk & Control Framework
Law & Regulatory Framework
Assessment & Audits
Remediation & Action Plan
Incident & Issues Management
Integration, Security & Reporting