We use cookies and other similar technologies (Cookies) to enhance your experience and to provide you with relevant content and ads. By using our website, you are agreeing to the use of Cookies. You can change your settings at any time. Cookie Policy.

In his first law of motion, Sir Issac Newton stated that, “Every object in a state of uniform motion tends to remain in that state of motion unless an external force is applied to it.”

While this law was intended to explain actions in the physical universe, it could easily apply to the corporate universe as well – particularly when it comes to Sarbanes-Oxley (aka SOX or Sarbox). This legislation, which recently went into effect for most organizations, is intended to increase confidence and assurance regarding the operations of large, public companies. Although Sarbox is broad and implementation-agnostic, many of the strategies that will meet its requirements can be drawn from best practices that will also improve the overall operations of the organization.

Yet like the proverbial Newtonian object flying through space, many of these same organizations would, given a choice, allow momentum to dictate their direction rather than expend the energy necessary to change course - even if on a collision course with a much larger object. As a result, many organizations are doing the minimum required for Sarbox compliance. They’re creating additional layers of bureaucracy and approvals “for audit purposes.” The results are entirely predictable – increased costs, more inefficiencies, and frustrated employees. These haphazard, reactionary compliance strategies not only cause stress, they may cause the organization to miss a tremendous growth opportunity creating a real competitive advantage.

Instead of complying reluctantly, smart organizations will take this opportunity to re-evaluate their processes and make changes, including the occasional wide sweeping and fundamental but painful ones that improve business operations. They’ll use Sarbox as a means to streamline their processes and auditing procedures through workflow automation, with compliance a natural byproduct.

Still, that’s not quite “apple hitting you on the head” revelation. Truly enlightened organizations will take it even a step further by embedding their auditing procedures right within those automated processes. With embedded auditing, the mere act of performing an action provides instant accountability and transparency. Auditing, therefore, becomes not an afterthought dependent on the good intentions of the person performing an act, but an integral part of the act itself. Having an automatically generated, real-time audit trail not only makes it easier to assure Sarbox compliance, but also creates a body of metrics that could lead to additional process improvements, lowered costs, and ultimately a better run business. That’s the kind of momentum you do want to gain.


1  2  3  

   Next Page

Explore Our Topics

  • Virtual Conferences
  • Webinars
  • Roundtables

BPM in Action

March 10, 2011

The sixth annual BPM in Action 2011 Virtual Conference will explore cutting-edge market developments in BPM and describe how to leverage them for improved business operation and performance. More

View All Virtual Conferences

Smart Case Management: Why It's So Smart.

Date:Nov 05, 2009
Time:12:00 PM ET- (17:00 GMT)


Date:Oct 29, 2009
Time:15:00 PM ET- (19:00 GMT)

View All Roundtables
  • Research Library
  • Podcasts
  • News

Joe McKendrick: Part II of II: Designing Evolve-ability into SOA and IT Systems

In part two of Joe McKendrick's recent podcast with Miko Matsumura, chief strategist for Software AG, they talk about how SOA and IT systems need to change and grow and adapt with the organization around it.

Listen Now

Phil Wainewright: Helping Brands Engage with Social Media

Phil Wainewright interviews David Vap, VP of products at RightNow Technologies, and finds out how sharing best practices can help businesses understand how best to engage with online communities.

Listen Now

Peter Schooff: Making Every IT Dollar Result in a Desired Business Outcome: Scott Hebner of IBM Rati

Scott Hebner, Vice President of Marketing and Strategy for IBM Rational, discusses a topic on the top of every company's mind today: getting the most from IT investments.

Listen Now

Jessica Ann Mola: Where Will BI Fit In? Lyndsay Wise Explains

In BI, this tough economy and the increasing role of Web 2.0 and MDM are certainly topics on people's minds today. WiseAnalytics' Lyndsay Wise addresses each of them in this informative podcast.

Listen Now

Dennis Byron: Talking with...Deepak Singh of BPM Provider Adeptia

Deepak Singh, President and CTO of Adeptia, joins ebizQ's Dennis Byron in a podcast that gets its hand around the trend of industry-specific BPM.

Listen Now
More Podcasts
  • Most Popular
  • Quick Guide
  • Most Discussed

Quick Guide: What is BPM?

Learn More

Quick Guide: What is Event Processing?

Smart event processing can help your company run smarter and faster. This comprehensive guide helps you research the basics of complex event processing (CEP) and learn how to get started on the right foot with your CEP project using EDA, RFID, SOA, SCADA and other relevant technologies. Learn More

Quick Guide: What is Enterprise 2.0?

A lot of people are talking about Enterprise 2.0 as being the business application of Web 2.0 technology. However, there's still some debate on exactly what this technology entails, how it applies to today's business models, and which components bring true value. Some use the term Enterprise 2.0 exclusively to describe the use of social networking technologies in the enterprise, while others use it to describe a web economy platform, or the technological framework behind such a platform. Still others say that Enterprise 2.0 is all of these things. Learn More