Securac Corp., an enterprise governance, risk assessment and compliance software and services vendor, has announced its wholly owned subsidiary, Securac Inc., has formally agreed to purchase the assets of Sox Process, Inc., a company based in Simi Valley, California. SPI's consulting practice and tools used in assisting companies in meeting and maintaining compliance in accordance with The Sarbanes-Oxley Act of 2002 is a strategic fit with Securac's software solution Acertus.
Securac's Acertus application module for SOX automates assessment of controls and management of the audit process and capture of evidentiary documentation as required by Sections 302, 404 and 906a of SOX. It provides a framework for organizations in managing and measuring their corporate performance to governance, risk assessments, and compliance risks around SOX in both a qualitative and quantitative manner. As well, it supports the development and implementation of new or improved ICS systems and reporting as part of the ongoing SOX process. The framework uses "best of sector" assessment methodologies such as ISO 27001/17799:2005 or COBiT for the information requirements of 404a, or Basel II for financials, as well as SOX specific content pre-populated in the powerful Acertus knowledge bases and analytic engine.
SPI's toolbox, the 'SOX in a box' approach, provides companies with a roadmap to navigate through the SOX process, assisting CEOs and CFOs in making the compliance process easier, less expensive and more rapidly completed .