Paisley Consulting, a business accountability software provider, has upgraded the risk assessment functionality in its J2EE-based Risk Navigator, a software application helping companies comply with Sarbanes-Oxley regulations and establish long-term governance.
The upgraded Risk Navigator will offer enhanced SOX compliance and risk management functionality by allowing different business units to more effectively target and document specific controls and processes necessary to comply with SOX Sections 302 and 404. By targeting the controls and processes more directly, Paisley hopes to answer to public outcry that Securities and Exchange Commission SOX regulations cause companies to spend excessive resources, time and money on compliance.
Paisley is using three methodologies to achieve this more direct risk management approach: a vertical, horizontal and a diagonal risk assessment approach.For more information, visit www.paisleyconsulting.com.
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