Mitigating compliance risk with Dynamics 365 Finance

The US regulatory environment is continually changing, and organizations must maintain awareness of the legal, regulatory and capital impacts of their business decisions. The Sarbanes-Oxley Act was introduced to restore and enhance public confidence in the financial reporting and disclosure process and improve executive responsibility and accountability.

Many organizations face compliance concern related to Section 404 of the Sarbanes-Oxley Act (SOX). This rule requires management to assess the effectiveness of the company’s internal control over financial reporting, including the appropriateness of the control documentation, and report on internal controls within an organization’s annual report to shareholders.

Organizations that maintain a deliberate SOX compliance strategy are more likely to strike the right balance between compliance adoption, organizational agility, and growth. Technology is a key enabler to address the change and complexity in an organization’s compliance environment. It is crucial to understand how your underlying technology environment can help support your business process, compliance and regulatory requirements such as Sarbanes-Oxley.