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Overview:
Over the last 12 months, the team at MetricStream has informally and formally talked to number of professionals in quality, compliance, internal audit; SOx program office, finance & external audit. Three major themes have emerged during the interactions with customers, prospects, and analysts: First, there are significant benefits associated with the automation of control management, documentation, and testing process. Second, in almost all situations the team has seen that the regulatory compliance costs will continue to be unmanageable or in many cases rise, if proper initiatives are not undertaken now. Third, Control improvements have to become a continuous process rather than a one time "Project approach". Companies are paying particular attention to a well thought out control environment, one that makes sense to their business.
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