Sarbanes Oxley & Enterprise Quality Management Software With CATSWeb

AssurX's CATSWeb® for SOX (Sarbanes-Oxley) uses methodology that transforms static policy & procedure documentation into a real-time, closed-loop quality control process for an organization to help meet the stringent control environment requirements of COSO, Sarbanes-Oxley, the SEC and NASDAQ/NYSE.

Documentation & Dissemination

• Policies and procedures must be clearly documented and disseminated throughout the organization
• Policies and procedures should exist for all risk responses, including financial controls, Board oversight procedures, etc.
• To be effective it must be part of a closed-loop process that includes problem identification and resolution

Tone, Training & Testing

EQM starts with the proper "Tone from the Top" which means that:

• Management and the Board demonstrate their commitment to strong controls through their communication and actions
• Hands-on involvement in the internal control system from every member of an organization is required
• Every employee is encouraged and given the ability to report policy exceptions which means
  • Employees are in the communication loop through resolution and corrective action
  • Employees have the ability to report policy exceptions anonymously to any member of the organization, including the Board of Directors