BizNet Software, Inc., which combines accounting and technology expertise to help companies improve financial reporting and processes, announces BizNet Insight for Compliance, a solution that enables companies to immediately improve Sarbanes-Oxley compliance initiatives with minimum change to their existing procedures. The product offering was launched at BizNet's "Minimizing the Cost of Compliance" event held recently at Microsoft's office in Irving, Texas.
BizNet Insight for Compliance enables enterprises to easily port their existing procedures created for first-year compliance and implement an ongoing compliance process at a reasonable cost that is sustainable on an ongoing basis. BizNet Insight for Compliance is an integrated system that supports efficient knowledge management, workflow, control documentation, risk assessment, information sharing and status reporting. The new solution utilizes familiar Microsoft Office System technologies to increase an organization's productivity and decrease training needs.
Built by accountants, BizNet Insight for Compliance helps accounting and financial professionals improve internal controls, automate current processes, and gain efficiencies in compliance reporting. By leveraging a user-friendly, web-based portal and Microsoft software that most organizations already use, BizNet's Insight solution lowers both the cost and training needs associated with SOX compliance, while delivering a fully extensible platform to meet a company's specific requirements and respond to future regulation requirements.
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