SAN JOSE, Calif. -- IPLocks, a leading provider of database security and compliance software, today introduced an automated suite of preconfigured, control-based reports designed so companies can easily improve sustainability with Sarbanes-Oxley (SOX) compliance processes. The SOX-in-a-Box next-generation of best practices compliance reports target IT general controls and specific accounting database controls. The reports are aligned with PCAOB guidelines and were developed with the Big Four auditing firms.
Internal auditors can simply point-and-click to generate reports on controls, but without consuming additional corporate resources. Numerous reports will automate, consolidate, and enforce key internal controls thru continuous monitoring, analysis, and reporting of databases. The comprehensive SOX-in-Box reports provide most organizations with a six to nine month return on investment by reducing the costs of efficiently sustaining compliance.
We spent an extensive amount of time with external auditors, internal auditors, and compliance officers to understand what they wanted to see in an audit program, said Adrian Lane, CTO, IPLocks. The trend we saw is that external auditors prefer fewer controls as long as they are automated with software. Our SOX-in-a-Box initiative increases the efficiency and reduces the cost of compliance with pre-built controls needed by all organizations.