Cartesis, Inc.
Cartesis is a global software company providing
the world’s best BPM solutions to
many of today’s leading CPG companies.
Business Performance Management (BPM) as an Enabler to Sarbanes-Oxley Compliance
The Sarbanes-Oxley Act (SOX) went into effect in July 2002 in response to a
wave of corporate governance scandals not seen since the 1920s. With more
than four-dozen sections affecting every area of financial reporting, the impact of
the Act on financial disclosure and the public accounting profession has been farreaching
and complex. Suddenly, public companies must comply with a host of
requirements, from continually monitoring internal controls to miscellaneous
safeguards such as having a designated financial expert on the audit committee.
The Sarbanes-Oxley Act (SOX) went into effect in July 2002 in response to a wave of corporate governance scandals not seen since the 1920s. With more than four-dozen sections affecting every area of financial reporting, the impact of the Act on financial disclosure and the public accounting profession has been farreaching and complex.
CFO Project Volume 2, October 01, 2003
Keeping An Eye on Expansion: How Cartesis is Helping Sartorius Increase the Speed Flexibility and Accuracy of its Financial Reporting
Rapid growth can be a mixed blessing. While the increase in revenues, scope and geographic reach are all positive steps,
profitability, morale and efficiency are often victims of corporate success. This is all too evident in acquisitive enterprises which look to build
on organic growth by bringing in complementary organizations or offerings from outside.
For M&A activity to work, integration and consistency are crucial. If an organization functions as a number of separate, stand-alone entities,
then differences can be inefficient at best, crippling at worst.
CFO Project Volume 2, October 01, 2003
