webMethods Unveils Monitoring Software For Sarbanes-Oxley

The product is designed to continuously monitor the accuracy and validity of business processes, transactions, and control points.

Compliance Pipeline Staff, Contributor

July 18, 2005

1 Min Read

webMethods Inc., Fairfax, VA, today debuted as the first in a series of new business process productivity applications. webMethods for Compliance is designed to verify the completeness, accuracy and validity of transactions and business processes in accordance with the Sarbanes-Oxley Act and other regulatory requirements.

Built with the technology components of webMethods Fabric, the new compliance software continuously and automatically monitors compliance control points without the risks or costs associated with manual testing and controls, while allowing enterprises to make continuous process improvements as well.

“The monitoring, analysis and evaluation of internal controls is labor intensive, costly and often fails to flag issues in time to take corrective action,” said Arnold Huffman, webMethods vice president, Global Strategic Business Solutions, in a prepared statement. “webMethods for Compliance leverages the proven capabilities of our business integration product suite to fully monitor critical business processes so that real-time alerts of potential and actual violations can be consistently enacted. Automation of this process is critical and can produce significant savings for the corporation.”

webMethods For Compliance allows businesses to model and execute business processes encompassing a variety of certified requirements, such as e-Signoff and other authenticated approvals. Its controls and monitoring capabilities can proactively identify material events and violations in real-time, and a special compliance dashboard provides graphical visibility of key performance indicators.

Alerts are automatically triggered when key performance indicators or control points move out of range relative to historical norms and the previously-seen anomalies detected with webMethods' patent-pending 'fingerprinting' technology.

The webMethods For Compliance software is available immediately. Pricing is available directly from webMethods.

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