Stellent Releases Version 7.5 of its Sarbanes-Oxley Solution
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Stellent, Inc., provider of content management solutions, announced the release of version 7.5 of the Stellent® Sarbanes-Oxley Solution, a product designed to help companies streamline their processes for complying with the Sarbanes-Oxley Act.
The new features and functionality in version 7.5 are customer-driven enhancements developed to speed implementations, increase ease-of-use and augment reporting capabilities. The enhancements also were shaped in conjunction with input from Protiviti Inc., a leading internal audit and business and technology risk consulting firm, with whom Stellent holds a strategic integration and consulting agreement.
"After working with Stellent and evaluating its updated Sarbanes-Oxley Solution, we are excited to see the results of their efforts," said Michael O'Donnell, managing director for Protiviti and head of the firm's technology risk consulting practice. "Stellent developed many of the product's new features and functionality after assessing requests and requirements Protiviti has observed across the numerous Sarbanes-Oxley clients with which we've worked.”
“Gartner believes that through 2005, Sarbanes-Oxley solutions based on process management or document management platforms will be more successful than those from any other vendor category,”1 said Tom Eid, principal analyst for Gartner, Inc. “Companies need technology applications that enable them to better prioritize risks within their organizations, and therefore, accomplish many of their ERM objectives.”
“Companies today are beginning to understand the need for process improvements and automations, so we are pleased to provide them with this enhanced version of our Sarbanes-Oxley solution,” said Dan Ryan, executive vice president of marketing and business development for Stellent. “Its new and strengthened features will enable customers to more quickly and easily transition their work from year one into strategic and sustainable business processes that can be efficiently carried out during the normal course of business. Moreover, our Sarbanes-Oxley Solution helps companies develop an enterprise platform for general compliance as well as enterprise risk management.”
Speeding Implementations
Version 7.5 of the Stellent Sarbanes-Oxley Solution includes the following new features and functionality designed to speed implementations:
• Content and process reuse — minimizes the effort required to implement business processes across an organization’s various geographies or departments. Users simply define controls and processes once, and copy and paste them to other areas as needed.
• Pre-defined templates — process, risk and control templates help increase efficiency and maintain consistency by illustrating how these activities should be implemented.
• Documentation levels — help users define how much and what type of documentation is required for a specific process. This feature also provides examples of required documents and prompts users if documentation is missing.
• Enhanced financial element mapping — enables users to more easily map a process to financial elements via a pop-up tree, which can be selected and applied to the financial elements impacted.
Increasing Ease-of-Use
The following enhancements in version 7.5 increase the ease-of-use of the Stellent Sarbanes-Oxley Solution:
• Risk/control matrix navigation — helps users better understand how risks, controls and processes interrelate by allowing users to view different arrangements of these categories.
• Context-specific search — increases the power and decreases the complexity of searches by presenting fields relevant to the type of content (e.g. test, process or control) a user wants to retrieve.
• Enhanced design effectiveness — makes design review and approval an inherent part of the workflow, enabling users to quickly determine if a process is completed and documented correctly or if there is a problem.
Augmenting Reporting Capabilities
In addition to expediting implementations and enhancing ease-of-use, version 7.5 includes augmented reporting capabilities that provide users with higher-level views of current and upcoming compliance activities, as well as the ability to drill down into more specific tasks.
Stellent Sarbanes-Oxley Solution 7.5 Availability
Stellent Sarbanes-Oxley Solution 7.5 is available today and will be demonstrated at Crescendo™ 2005, Stellent’s global user conference, held this week at the Sheraton San Diego Hotel & Marina in San Diego, Calif.
For more information about Stellent Sarbanes-Oxley Solution 7.5, visit www.stellent.com/sarbox.
28.02.2005, Stellent GmbH
