Section 404 of the Sarbanes Oxley (Sarbox) Act requires auditors to sign-off internal control processes as well as the actual accounts. Non compliance with the Act could send directors to jail. This has undoubtedly been a major factor behind the number of applications which automate internal control processes that have been coming to the market. Financial managers are increasingly willing to turn to automated solutions to handle processes that will live up to the auditors' scrutiny.
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