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Sarbanes-Oxley (SOX) compliance can be a major headache for any company, and Crown Holdings Inc. is no exception. Until now, the packaging product supplier had been handling SOX compliance manually. But now they're turning to Business Intelligence International for help through the Aline4SOX tool, which works through Software-as-a-Service. Crown Holdings has 155 manufacturing plants in 42 countries.

"We realized we had some inefficiencies and some redundancies, so as we entered our fourth year of compliance, we knew that we wanted to automate the process,a said Tom Kelly, VP Corporate Controller, Crown Holdings Inc.

According to the press release, Aline4SOX offers the ability "to easily automate and streamline the SOX process, reduce expenses, and achieve repeatable success" with functions such as documenting and assiing control design, tracking testing, and remediating deficiencies.

Kelly said that the web-based SaaS model was an added plus that would ensure a smooth transition if the company decided to use the implementation in multiple locations.

Other companies offering Sarbanes Oxley compliance solutions through SaaS include Axentis and Servoy.

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Posted by: Joan at August 10, 2007 05:56 AM | Permalink