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For compliance with SOX Section 302, OpenPages FCM provides fully articulated survey capabilities
that automate the quarterly representation letter certification
process. Configurable to match the organizational structure of
any company, OpenPages FCM’ survey automation creates a process
for report certification in which individual process owners first
provide sub-certification for their areas of jurisdiction.
Upon their approvals, surveys are “rolled-up” into
summary surveys for business unit executives to provide their
attestation. Once approved, a final survey is presented to corporate
management for final review and certification. OpenPages FCM tracks
each step of the process, notifying employees as to their specific
tasks via email.
With configurable, interactive reporting, OpenPages FCM automatically
generates executive dashboards based on the results of the surveys.
Stoplight-style, color-coded charts alert executives as to the
state of information for each division, with dynamic drill-down
capabilities that enable issues to be identified and remediated
quickly and easily.
Specific certification functionality in OpenPages FCM includes:
- Full configurability of any survey form, empowered with full
change control, audit trails and monitoring
- Version control over each respondent state/instance of every
survey
- Workflow-driven processing from assessor to certifier to survey
administration to managerial oversight via monitorable, email
notifications
- A highly flexible hierarchical survey deployment model, where
surveys may be executed for any object level, including entity-specific,
process-specific and/or control-specific views
- Full certification and sub-certification support including
standard templates to help ensure the rapid deployment and consistent
support of executive reporting obligations
OpenPages FCM complements a company’s Section 302 work-to-date
via its data import facility, which automatically includes all
currently captured internal controls work within its scalable
and secure repository. As a result, the company is assured it
is operating within a standard COSO-based framework for ongoing
controls self-assessment. In addition, OpenPages FCM facilitates
the future assimilation of acquired or restructured entities,
subject to the same suite of services including interactive dashboards
and multi-format reporting.
Request Information
For questions or for more information on OpenPages FCM
or OpenPages' suite of Governance, Risk and Compliance Management
solutions, please click here or call us at 781.693.5999.
About OpenPages
OpenPages is the leading provider of Governance, Compliance and Risk
Management solutions
for Sarbanes-Oxley Compliance, Financial Controls Management, General
Compliance Management, Operational
Risk Management and IT
Governance.
The company’s solutions provide the visibility, decision support and
control to improve accountability, better manage risk, achieve compliance
with numerous regulations, improve operational performance and align strategies
to ensure better results.
Market-leading corporations in financial services, manufacturing, telecommunications,
media/entertainment, retail/consumer, energy, high technology, health services
and life sciences rely on OpenPages to help them achieve sustainable governance,
risk and compliance management -- enabling them to become well-governed businesses.
Founded in 1996, the company is headquartered in Waltham, Massachusetts, with
regional offices throughout North America and international offices in London, Munich, Paris, Tokyo and Hong Kong.
For more information on OpenPages' suite of business governance software solutions
or to register for an online demonstration, please call 781-693-5999 or visit
www.openpages.com.
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