In today's world of increasing regulation and rising internal and external threats, a strong internal control system has never been more paramount to companies of all sizes. However, the cost of internal controls, especially when the control is manual, can add up, and the risk of errors increases when manual controls are in place.
Business applications are front and center not only for generating financials, but also for supporting and reporting on the operations of key business processes and initiatives. Many of these processes have regulations that require reporting, and the source application from which the data is gathered and reported must be secure. Strong internal controls are required, and automating these controls provides the best way to lower security risks, so the output from these applications can be trusted.
Regulations like SOX, the UK Corporate Reform Act, ESG, GDPR, the EU AI Act, and others require robust reporting and a strong internal control system to ensure data can be trusted. Automation also improves the sustainability of these applications and their IT general controls (ITGCs).
Who should attend this webinar?
- CFOs and Financial Teams
- CISOs and Executive Leadership
- Compliance and Audit Teams
- CTOs
- Directors of Information Security
- Directors of Security & Risk
- Directors of Security Operations
- Risk Management Professionals
What will I learn?
- Why a strong internal control system matters for all companies, public/listed or private, in today’s world of increasing regulation.
- Achieve further knowledge of the efficiencies that can be gained through automating controls in business applications.
- Gain a deeper understanding of how automated internal controls can provide an additional level of trust around compliance reporting.
Get answers to these important questions:
- Why is controls automation critical to meeting regulatory requirements.
- How to lower internal and external threats in today's landscape.
- How the cost of internal controls can add up if done manually.
