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Sarbanes-Oxley and Corporate Governance Solutions
To help its clients achieve the highest return, Atlantic Global's Resource, Planning and Portfolio management software is easily tailored individual customer requirements in areas such as Corporate Governance, IT Governance, Prince2, Enterprise PMO and Change Management.
Laws like the Sarbanes-Oxley Act and the Companies Bill have presented considerable challenges for corporations in UK, Europe and North America. With corporate responsibility and the need for governance high in the public and media´s eyes, there has been much discussion regarding how the management of the corporate resource pool needs to reflect accurately the contemporary business needs and to deliver the services required to support business activities.
With this in mind businesses need to provide credible evidence that their management of resources, business capability, programmes and projects are in-line with regulatory and governance requirements.
Over recent years there has been rapid development of techniques and processes needed to fulfil this information compliance and governance requirement. Large blue chip enterprises have implemented planning and resourcing capabilities which tie in to year-end reporting and financial systems helping measure past performance.
The consensus of opinion is that it is not good enough reporting 1-3 months after a project end, on its success or failure rarely satisfies the needs of investors or the board. The glaring hole in the current model is the lack of visibility into these problems at the coalface. Project failure and success as well as business information linking projects, resources and capability should be seen from a "lights on" perspective not "historic". Today's enterprises need to understand project progress and business needs right now - not 3 months ago. This has to be combined with the ability to adapt to change - bringing compliance and governance to a level that is acceptable to the board and investors.
What is noted by many of these organisations is that the processes and tools that worked in manufacturing or engineering are not giving the same level of visibility in the IT or services sectors. The lack of structure and longevity of projects (and people) make the programme and process management tools that regularly cross over department borders unsuitable in these more dynamic and flexible departments/environments.
Help Deliver Governance with Atlantic Global
Understanding the rapid changing environment is the key to solutions such as Atlantic Global's Corporate Vision. This tools does away with the need to track every tiny aspect of a project task instead they look at rolling relevant role based information up to the business and executive level. This is designed to give business managers and decision makers a far more accurate and up-to-date view of their information and the business.
Whereas in manufacturing the tasks in a project plan are vital to the success of a project and also their change in resource need, time or length is small, service based projects have rapidly changing requirements, resource needs, tasks and timescales due to the nature of the customer and the involvement of people rather than machines and rigid processes.
How does Corporate Vision help you manage your governance strategy:
- Provides real-time notifications of project and resource changes within the business that are then rolled up to the relevant managers.
- Dramatically reduces the difficulty of accessing critical business information from both internal applications and ERP system
- Integrates with your financial legacy systems to streamline the measurement of project and resource performance
- Role based dashboards that enable managers to perform root-cause analysis on your business projects and resources drill down and ad-hoc reporting