MIME-Version: 1.0 Content-Location: file:///C:/8F324D12/AuditComplianceAutomationWhitePaper.htm Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="us-ascii" Audit Compliance Automation White Paper

Audit Compli= ance Automation White Paper

by Alloy Systems Incorporated January 15, 2006

 

 

  With the increasing requirements f= or multiple Audits and Reporting driven by Government Regulations, Industry Controls, Audit Compliance and Best Practices, Audit Governance 2006™  by Alloy Systems Incorporated is the most robust Audit Compliance Automation Product to hit = the market in the past several years.

 

  March 1= 1th, 2005 in a Forrester Market interview it was stated “Public companies with reven= ues of more than $500 million and those with multiple divisions and lines of busin= ess need to adopt a technology-based approach to Sarbanes-Oxley (SOX) compliance.”

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=   “Using software to automate compliance, particularly for the internal controls required by Section 404,= is an opportunity to make the process more efficient, sustainable, and transparent.  Forrester predic= ts that the majority of enterprises will adopt a technology-based approach to = SOX in 2006.”

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=   “As the solutions mature, a = clear choice is forming between purpose-built compliance applications, enterprise applications, and content management tool sets.”

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=   Alloy Systems Incorporated created= Audit Governance 2006™ because we believe that finding an Audit Automation product that contains the features described above is not only very important, but as the maturity of audit compliance and regulation grows, automation is clearly next step to t= he audit compliance solution for all companies.

 

  The aud= it requirements are clear, but the precision and repeatability of the processes showing control, risks, sign-off are key to the establishment of passing the required external compliance audit or your company’s internal audits. 

 

Key Audit areas include:


So what makes Audit Governance 2006™ differen= t than our competition?

=   Our team has Strong Knowledge of Standards, Controls, Audit Activities and Risks as well as knowledge of changing compliance requirements.  Our team has been through multiple types of audits as well as worked with individuals and consultants that were instrumental in the development = of the application.

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= Our product contains a robust set-up for multiple companies and divisions, integration to your existing e-mail for managing tasks, workflow process fr= om activity owner, activity manager, internal tester, external auditor, extern= al audit manager and responsible company sign-off individual. 

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=   Each user signs into the Audit Governance 2006™  online system lo= cated on your site through a web browser and their roles and assigned activities, including evidence gathering is controlled and maintained throughout the en= tire process.  Audit Governance 200= 6™  allows multiple audits to be conducted at the same time for different parts of your company.  In addition, Audit Governance 2006™   pro= vides the ability to use our initial content or your own content and the ability = to add or disable function activity questions as they apply to your business o= r audit needs. 

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= Our AG2006™ =  content contains:=