Flow International Simplifies SOX Compliance Efforts with New Audit and Security Solution
Flow International Corporation is the
world leader in the development and
manufacturing of ultra high-pressure
(UHP) waterjet technology, and a
leading provider of robotics and
assembly equipment.
As a publicly-traded company in the United States, the company must comply with Sarbanes Oxley (SOX) Section 404 requirements on internal controls across all of its operations throughout the world including North America, Europe and Asia. Under SOX compliance, companies are required to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. For Flow International, documenting and testing financial controls had proven difficult in the past and they were looking for a better performing solution that would work easily with their new ERP solution, Microsoft Dynamics AX.
As a publicly-traded company in the United States, the company must comply with Sarbanes Oxley (SOX) Section 404 requirements on internal controls across all of its operations throughout the world including North America, Europe and Asia. Under SOX compliance, companies are required to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. For Flow International, documenting and testing financial controls had proven difficult in the past and they were looking for a better performing solution that would work easily with their new ERP solution, Microsoft Dynamics AX.
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