Good resources coupled with a good tool can lead to a good SOX process, but a great tool will lead to a great SOX process.
There are many ways that companies may lose money through Time and Expense fraud – some intentional, others accidental. But, putting in place certain tests and ensuring employees know that all expenses are monitored could reduce losses related to non-supported expense reimbursements.
When we get past the basic functions that span all departments, we can dig deeper into the areas where the department needs to improve.