In numerous aspects of the SOX compliance process, from the use of technology tools to automating controls in different processes, Digital Leaders are significantly more advanced than other organizations. Digital Leaders clearly are leveraging these tools to reap the benefits they deliver in terms of greater efficiencies for documentation and testing.
Implementing automation in the SOX compliance process can present challenges for any organization. Specific hurdles include the overall level of effort, change management considerations, stakeholder buy-in and overall investment — however, there is a roadmap to achieve short-term and long-term successes.
Download the 2021 SOX Compliance Report, “SOX Compliance and the Promise of Technology and Automation” to benchmark your SOX program time, costs, and efforts against the survey results.