Conventional wisdom says there's no financial return in meeting the fraud-fighting requirements of the Sarbanes-Oxley Act.
How Bob Travatello Plans to Get ROI on Sarbox Act
Ferret Out inefficient processes by documenting all financial procedures, a key step for Sarbanes-Oxley compliance.
Use Edicts of the act to cut the time it takes to close books every month from 15 days to 5 days.
Inspect Overlaps in consulting and auditing fees incurred by finance and technology departments.
Consolidate hardware and applications whenever possible to simplify operations.
Travatello is Blue Rhino's chief information officer.