SOX SDLC Compliance

Processes On Demand is a Sarbanes-Oxley compliant IT Process that provides a complete intranet/LAN ready HTML based software solution that enables PMOs and virtual PMOs to rapidly set up, use, and continuously improve upon their core processes and best practices. Processes On Demand meets the project management process, classification, documentation, process integration, decision criteria, and risk management requirements for Sarbanes-Oxley compliance.

Executive Overview - 3 minutes

Sarbanes-Oxley IT Process - Value Proposition

"Processes On Demand provided us with SOX compliant project management processes for PM, SDLC, and Change Management that work with the IT infrastructure and project management products that we already have and know, and at a fraction of the time and cost of other vendor alternatives." -- VP of IT

Supporting SOX SDLC Compliance Printer friendly version (pdf)

hat You Need and What You Can Expect...!

Process Narrations

Clearly and completely documented processes that meet the "Project Control and Reporting" requirements of the Sarbanes-Oxley Act (US).

Visual Workflows

Visual workflows for all processes, including SDLC and Change Management

Verifiable and Auditable Evidence of Outputs

Process step guidance and management approved outputs
Project process owner and management oversight for validation and continuous improvement

Document Control for Signatory Outputs

Policy for management approval and signature pages

Additional Areas of Benefit

Improved project performance, consistency, and repeatability
Continuous improvement and organizational maturity
Knowledge sharing and skills transfer among project participants
Easy integration with existing IT infrastructure, applications, and user tools

Though the majority of the Sarbanes-Oxley Act of 2002 is associated with public accounting, auditing, internal controls, and financial reporting, Sections 302, 404, and 409 are written specifically to address project management and Information Technology related project and process activities. Processes On Demand helps your organization address the essential project management actions that need to be taken to ensure compliance down to the project level.

Compliance Requirement		Support of Compliance
Process: Implement a standard project management process to establish control processes and activities associated with scope, cost, and schedule.		Processes On Demand comes with a ready-to-use, proven project management process aligned to de factor standard approaches such as PM and SDLC. Processes On Demand provides a Process Builder for tailoring of additional and organization unique processes and reporting requirements.

Classification: Establish a project category or classification scheme that includes all projects associated or impacted with Sarbanes-Oxley compliance.		Processes On Demand provides project classification schemes. Projects associated with or impacted by Sarbanes-Oxley can be tracked and managed.

Documentation: Thoroughly document any changes that are made to financial systems as a result of associated IT or financial based projects.		Processes On Demand provides templates and checklists for tracking and managing changes.

Process Integration: For projects affecting any financial related system, ensure that good product and project development processes are followed.		Processes On Demand provides project and product development processes. Project management processes are integrated with product development life cycles such as product Go-to-Market (GTM) and software development life cycle (SDLC) and incorporated into the Processes On Demand.

Decision Criteria: Establish a standard stage-gate approach for all projects.		Processes On Demand provides process gates and stages, as well as reporting requirements and presentation templates. In addition, project scorecard criteria and criteria for a "go/no go" decision on projects are provided.

Risk Management: Define a risk management process that can be used to identify risks early, and to plan mitigation strategies.		Processes On Demand provides risk management and quality management processes. Workflows, process descriptions, templates, forms and checklists are provided to identify risks and plan mitigation strategies.

To find out how Processes On Demand can help you with Sarbanes-Oxley compliance as well as standardize your organization's project management processes and build a project culture, please click live chat, email, or call BOT International today.