The Sarbanes Oxley (SOX) Act ensured that the days of accepting financial information without knowing how it has been created are over. Now, surveying your spreadsheet domain is much easier. With ClusterSeven there are eyes watching, providing you with transparency and assurance for the Excel-based figures that you consume. We look after the spreadsheets that look after your money to give you control of Your Business Reporting.
CFO and Financial Controllers
The information you own drives the decision-making in the business. But new regulations such as Sarbanes Oxley (SOX) mean your team spends more time hunting for assurance and less time on the analytical meat. As you will be aware, Excel spreadsheets and MS Access databases provide huge flexibility for Your Business Reporting, but they come with risk. ClusterSeven's solutions can help you by adding assurance and control, empowering your team while freeing you focus on the real prey.
Excel spreadsheets let you attack the next opportunity at speed. But others slow you down with demands for control. ClusterSeven allows the business to see what you are doing without getting in your way. Your speed can be rewarded, making money without hindrance.
If an error occurs, ClusterSeven accelerates repair so you can get back to making money. And if you want to hunt for better strategies, then the information from past attacks are laid out for you to spot opportunity. Alternatively you can view this video and see where uncontrolled spreadsheets might take you...
CIO and CISO
CIO magazine has said “Spreadsheet errors can happen to the best of us.” Previously, Microsoft Excel and other user-built applications were too elusive to get your teeth into. Now they are within your grasp. You can have visibility of all crtical business activity for Sarbanes Oxley (SOX) and other regulations and see when processes are mature enough for them to be consumed into central applications. CISOs should read our note on Information Assurance to see how we meet your objectives of Confidentiality, Integrity and Availability
Internal and External Auditors
Your 360 degrees view of operational risk is critical in providing business assurance for regulations such as Sarbanes-Oxley (SOX). But traditional audits are cyclical, with long gaps that create risk. Nowhere are these problems more acute than in the audit and control of Excel spreadsheets and other end user computing (EUC). Read our Audit Analytics note to understand how ClusterSeven can help you to rapidly detect and define control vulnerabilities in this area.
Risk and Compliance Officers
Spotting adverse movements from a distance requires attention to detail. But how do you do this when just a few cells in an Excel spreadsheet can be the precursor to loss of money and reputation. By adopting ClusterSeven, many top institutions have resolved risk and compliance issues (such as the Sarbanes-Oxley (SOX) Act) to control end user computing without creating business hostility. Now you can have more eagle eyes looking out for you while Your Business Reporting colleagues don't even need to know you are watching.