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Thursday, Jul 29, 2004

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SAP tool for SOA compliance

Our Bureau

BANGALORE: SAP India has come out with a solution to help companies align their business processes and IT systems more effectively for corporate governance compliance with the US Sarbanes-Oxley Act (SOA).

Working in collaboration with leading consulting and accounting firms, SAP has tailored financial compliance capabilities to address companies' SOA needs and reduce the complexity of meeting today's most pressing business challenge.

Building on the inherent control principles and existing capabilities for SOA compliance in mySAP Financials and mySAP ERP, SAP has added new functionality for the management of internal controls and "whistle blowing," and enhanced the solution's Audit Information System .

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