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Projects: Processes



Does Honesty Pay Off?



By Larry Dignan

  Table of Contents:
  1. Does Honesty Pay Off?
  2. ' Get ROI on Sarbox '

Conventional wisdom says there's no financial return in meeting the fraud-fighting requirements of the Sarbanes-Oxley Act.

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Does Honesty Pay Off? - ' Get ROI on Sarbox '


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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.



     
     
    >>> More Projects: Processes Articles          >>> More By Larry Dignan
     


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