BWise, a Nasdaq company that provides enterprise governance, risk management and compliance (eGRC) solutions, has launched the Nasdaq Sarbanes-Oxley (SOX) Software Solution in collaboration with Nasdaq's Listings Services business.
The solution is based on a combination of the pre-configured BWise GRC platform and services, as well as Nasdaq's governance best practices. The offering will provide private companies preparing for their initial public offering (IPO) with an integrated solution to better support their financial statement control process, improve efficiencies and create stronger transparency.
The Nasdaq SOX Software Solution includes a comprehensive step-by-step internal control solution and a quick and cost effective implementation. The offering aims to significantly improve the process to generate required reports such as the Sarbanes-Oxley 303 and 404 attestations.The Nasdaq SOX Software Solution is available to companies preparing to list in the U.S. market. In addition, the solution is also available to those companies who are currently listed in the US, but have not yet implemented automation to assist with their SOX compliance efforts.