Business Process Discovery for SOX (and other compliance regimes)

Increased attention to compliance plays an important role in the way that public and private businesses, government and even non-profits are managing their businesses. Driven to a large degree by evolving and increasingly complex regulations, companies and organizations are forced to spend a significant amount of time and money on attorneys, consultants, auditors and software to satisfy compliance requirements.

A great deal of regulatory compliance for internal controls requires nothing more than simply documenting what you do, then having it reviewed and verified. However, most software packages only take a microscopic view of the problem, failing to illuminate how compliance connects and impacts other organizational processes and procedures. The result is that you become compliant, but without any additional benefits including process improvements, cost benefits and elimination of redundancy.

• Precisely document relevant activities
  The software is designed to allow business users and subject matter experts to easily document procedures and business processes. Users are also prompted to consider the business information relevant to what they have written.
  
  
• Audit and monitor
  ProcessPad's audit trail precisely tracks user activity, so auditing can take place at the user / task level - documenting regulatory compliance in detail. Because the software is web based, it is easy for your auditors to review processes and employee interaction with them remotely.
  
  
• Share compliance intellectual assets and activities across the enterprise
  The biggest problem with buying a software product to support a compliance requirement is that it only supports that specific compliance requirement. Architected to easily scale, you can incorporate compliance-relevant information into other processes then share with users across departments.
  
  
• Make your business or organization work better
  As you document activities, monitor and audit them, you get a keen sense of what works and what doesn't, so you can continually refine and improve critical business activities.