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Flow International Simplifies SOX Compliance Efforts with Fastpath
技术
- 应用基础设施与中间件 - API 集成与管理
适用功能
- 离散制造
用例
- 监管合规监控
服务
- 系统集成
挑战
Flow International Corporation, a world leader in the development and manufacturing of ultrahigh-pressure (UHP) waterjet technology and a leading provider of robotics and assembly equipment, was facing challenges in complying with Sarbanes Oxley (SOX) Section 404 requirements. As a publicly-traded company in the United States, Flow International is required to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. Documenting and testing financial controls had proven difficult in the past and they were looking for a better performing solution that would work easily with their new ERP solution, Microsoft Dynamics® AX. The company needed a solution that could simplify their SOX compliance efforts while maintaining strict security standards, ultimately saving time and audit costs.
关于客户
Flow International Corporation is the world leader in the development and manufacturing of ultrahigh-pressure (UHP) waterjet technology, and a leading provider of robotics and assembly equipment. The company provides technologically advanced, environmentally sound solutions to the manufacturing and industrial cleaning markets. As a publicly-traded company in the United States, Flow International operates throughout the world including North America, Europe and Asia. The company is required to comply with Sarbanes Oxley (SOX) Section 404 requirements on internal controls across all of its operations.
解决方案
Flow International turned to Fastpath for improved audit and security solutions integrated with Microsoft Dynamics AX. Using Fastpath Assure, Flow International was able to simplify their SOX compliance efforts while maintaining strict security standards, ultimately saving time and audit costs. Fastpath Assure provided the company a comprehensive, interactive tool to identify all SOD conflicts within Microsoft Dynamics AX and better understand security. The company was able to provide the necessary reports to both internal and external audit teams. Fastpath Assure also provided a work flow module that allowed staff to propose, approve and implement resolutions and mitigations throughout the audit process, as well as communicate these changes through reports and automated email.
运营影响
数量效益
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