For 25 years, IBS has been a leading provider of governance, risk management and compliance software, delivering solutions to nearly 2,000 customer sites worldwide. With IBS software, businesses across the industry spectrum minimize the costs of compliance with government regulations. By implementing IBS systems, customers reap the full benefits of compliance management, including controlled risk, improved efficiency and higher profits.

CompliantPro is IBS’ Web-based software for developing cost-effective compliance programs. CompliantPro includes a robust Sarbanes-Oxley module, purpose-built to address the central components of SOX sections 302, 404 and 409. With this solution, your company can create a risk-based, holistic management system to achieve SOX compliance and minimize the costs of other GRC initiatives.

Simplifying Sarbanes-Oxley

Has your business struggled to meet the rigorous and costly requirements of Sarbanes-Oxley? You’re not alone – the average large company spends $8 million a year complying with Sarbanes-Oxley, while smaller companies spend an average of $3 million. Companies dedicate not only financial resources, but valuable labor time to audit preparation – and the diverted attentions of employees and management lead to untold opportunity costs. CompliantPro eliminates SOX overspending, so that you can concentrate your company’s resources where they belong.

Currently most companies use some combination of paper and spreadsheets to record and report their processes and controls. This is not only an inconvenience to auditors who must sift through piles of paperwork in order to ensure compliance – it costs companies more money and time to assemble disparate documentation. CompliantPro features a central document repository, where users can store secure electronic documents categorized by type. Users can create and edit documents, then use predefined work flows to send them to any number of employees for review or approval. Management can make quick decisions about policies, and employees can keep up to date on documentation, ensuring job-specific knowledge.

In addition, CompliantPro customers can:

• Assess significant business risks;
• Portray risks graphically, giving executives easy visibility into processes;
• Manage internal audit testing;
• Perform real-time assessments of risk management activities;
• Automate control testing and assessments;
• Ensure all employees are trained in and informed about their job responsibilities;
• Implement whistle-blower strategies; and
• Automate formal sign-off processes to support 302 & 404.

These capabilities will not only impress auditors – they’ll redefine the way you perform risk management.

CREATING A CULTURE OF Complianceâ„¢

CompliantPro is more than a Sarbanes-Oxley solution – it is a platform for all your governance, risk management and compliance needs. Disconnected compliance and risk management programs result in duplicated efforts, and in turn, generate unnecessary costs. Your company can use CompliantPro to connect and control any number of business processes, including quality assurance and compliance with industry-specific regulations. Plus you can create an enterprise risk management program that goes beyond Sarbanes-Oxley to minimize all risks that could significantly undermine business value.

Choose CompliantPro for all your compliance challenges, and make an investment in your company’s future.