Security and Compliance

Empowering Public Companies with Robust NetSuite Solutions

SOX Compliance for Public Companies

Instance Management

Expert management of NetSuite instances to ensure compliance with SOX regulations, including:

  • Proper configuration of system controls
  • Regular audits of system access and permissions
  • Maintenance of audit trails and change logs

Deployment Schedules

Strategic planning and execution of deployment schedules for migration to Production, ensuring:

  • Minimal disruption to business operations
  • Thorough testing and validation of changes
  • Compliance with change management procedures

Segregation of Duties

Implementation of robust Segregation of Duties (SoD) controls using:

  • NetSuite Roles and Permissions
  • Custom workflows and scripts for enhanced SoD
  • Regular SoD conflict analysis and remediation

Case Study: Implementing Strong Controls in a Public Company

Successfully implemented a comprehensive SOX compliance framework for a publicly-traded company, resulting in:

  • Clean SOX audits for consecutive years
  • 50% reduction in control exceptions
  • Improved financial reporting accuracy and timeliness

IPO Readiness

Financial Systems Evaluation

Comprehensive assessment of existing financial systems to identify and address gaps in IPO readiness.

Control Implementation

Design and implementation of robust internal controls to meet public company standards and regulatory requirements.

Reporting Enhancements

Development of efficient financial reporting processes to meet SEC reporting timelines and requirements.

NetSuite Instance Management

Role-Based Access Control

Implementation of granular access controls using NetSuite's role-based security model.

Custom Workflows

Development of custom workflows to enforce approval processes and maintain proper segregation of duties.

Audit Trail and Monitoring

Setup of comprehensive audit trails and proactive monitoring systems to track and review all system changes.

Deployment

Role-Based Access Control

Implementation of granular access controls using NetSuite's role-based security model.

Custom Workflows

Development of custom workflows to enforce approval processes and maintain proper segregation of duties.

Audit Trail and Monitoring

Setup of comprehensive audit trails and proactive monitoring systems to track and review all system changes.