SOX as a service can reduce risk, improve compliance and free internal resources

As businesses look for ways to simplify processes, boost compliance and improve reporting, a growing number are turning to managed services to alleviate complexity and optimize internal resources.

Sarbanes-Oxley Act (SOX) as a service is a scalable, turnkey solution that helps organizations efficiently meet compliance requirements. By outsourcing SOX functions—technology, processes and oversight—companies can reduce administrative burden, improve reporting accuracy and gain budget certainty. Quick to stand up and deploy, SOX as a service also allows for a better employee experience.

This checklist can help you determine if outsourcing SOX compliance is the right choice for your company.

The takeaway

The complexities of SOX aren’t likely to subside in the years ahead. But amid changing business conditions, an evolving regulatory environment and emerging technology requirements, the ability to optimize compliance through SOX as a service represents an opportunity. Your team can evolve beyond fractured, manual processes and adopt a highly automated framework backed by an effective third-party team that can deliver greater budget certainty, more accurate reporting and higher job satisfaction.