It’s time to reinforce audit and control
It’s critical for any finance team to get internal audit and control right.
The emergence of BASEL II, Sarbanes-Oxley, Solvency II and other recent regulatory and governance schemes has made that challenge more complex over time.
Existing legacy software vendors have had to progressively bolt on aftermarket controls to keep up. It’s therefore increasingly time consuming to ensure compliance, which detracts from finance’s ability to transform into a true business partner.
It’s time to rethink the technology. Reinforce your audit and control.