One company that locomote through the cumbersome SOX-abidance process last twelvemonth software license compliance washington Loral Space & Communications, a Modern York-based satellite-communications company that generated more than $500 million in...
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One company that locomote through the cumbersome SOX-abidance process last twelvemonth software license compliance washington Loral Space & Communications, a Modern York-based satellite-communications company that generated more than $500 million in revenue inch 2004. Loral used a manual process and passed its own abidance audit at the end from last yr, well earlier ye April 15 deadline for AMERICA world companies with a marketplace capitalisation from LXXV meg or more to comply with section 404 of SOX. Having away through with that experience, the company is now moving to a non-manual solution. Barry Goldfeder, senior managing director, business controls, scheme and processes, at Lqral, says the company is in ye process of certifying its first-quarter 2005 financials using automation. Specifically, Loral is victimization the Oracle Internal Controls Manager (OICM) application, which Seer says is in utilization by about THREE HUNDRED companies.Foreign See less 
Highlights:
One company that locomote through the cumbersome SOX-abidance process last twelvemonth software license compliance washington Loral Space & Communications, a Modern York-based satellite-communications company that generated more than $500 million in revenue inch 2004.
