BPM Applications Library: Finance – SOX compliance

In 2002, the Enron / Worldcom scandal leads to the creation of the Sarbanes-Oxley (SOX) legislation in the USA.

Its objective was to force companies to manage their financial processes more accurately.

SOX priorities are:

• to make management aware of and let them comment on any financial results,
• to make SOX auditors able to express their opinion on processes in the company.

Implementing Magic will Automate your processes, and ensure that you comply with all necessary legislation. It will also improve the quality of data moving within your company.

Magic’s solutions should implement many companies which need to comply with the SOX legislation !