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Sarbanes-Oxley Act  

Increase Accuracy With Business Rules Management Systems

The Sarbanes-Oxley Act's emphasis on corporate governance means tighter control of business processes for public corporations. A simple error -- such as an incorrectly entered transaction, purchase or work order -- can represent millions of dollars in fines if not detected and corrected in time. Financial management demands more visibility, more control and more efficiency.

Business rules management systems help tighten financial-management controls. IT systems that rely on business rules ensure valid, consistent data, preprocessing information on the fly to increase accuracy and locate errors. Financial teams can specify exactly which errors should be tracked, using an English-language syntax.

ILOG solutions
ILOG compliance solutions help corporations account for revenue-generating processes. Business rules exclude bad data, and facilitate application interoperability. Revenue-source management tools and related business-intelligence tools work together to:

  • Preprocess information to ensure consistency
  • Establish validation points to guarantee compliance
  • Automate translation of data between applications
  • Track and report process-management errors automatically

Validation tasks can be implemented and executed using fewer resources and less time, reducing overhead and increasing ROI.

Next steps
Learn more about how ILOG can help your SOA compliance project.

ACORD LOMA Forum
  13 - 15 May 2008
Las Vegas, NV
 
 
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