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Synopsys Acheives Clean Sweep of SOX Compliance with SAP GRC
Sponsored By SAP
- Topics:
- Business Software > GRC
- Compliance & Governance > Sarbanes-Oxley
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- Abstract:
- Mountain View, California–based Synopsys Inc. is a world leader in semiconductor design software. The company recently needed to resolve segregation of duties (SoD) issues in its SAP software rapidly and efficiently in order to file its annual financial report and comply with Sarbanes-Oxley (SOX) requirements on time. Synopsys used the SAP GRC Access Control application, which provides a comprehensive set of preconfigured rules and a realtime analysis engine for detecting and preventing SoD violations, to detect and eliminate more than 100,000 such infringements. The company completed its audit on time and met its compliance deadline with no unresolved SoD issues. The company’s auditors leveraged the reliability and accuracy of the application’s rules and reports and agreed to use those reports as evidence in its audit. Synopsys achieved ROI in less than three months, based on significant productivity gains and audit cost savings.
- DETAILS
- Sponsored by:
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- Released: March 17, 2008
- Length: 4 pages
- Format: PDF (210 kb)
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