The Right Solution

Spreadsheet and EUC management requirements can be wide ranging and the type of solution that you require will be dependent upon the nature of your business and your specific drivers and objectives. Common examples include:

Sarbanes-Oxley (SOX) and Financial Reporting

If you are looking to deliver SOX control or local equivalents (JSOX, Loi sur la Sécurité Financière etc) over critical financial reporting spreadsheets then your focus will be the implementation of improved security and access control, version history, audit and approvals, workflow, largely in line with the accepted COBIT standards.

Enterprise EUC Risk

If your organization is looking to address the operational risk associated with EUCs across the enterprise then it will require a wider set of functionality from discovery and assessment through to quality improvement and audit control.

Trading and Sales

If you are in the Insurance industry you may be using spreadsheets for critical policy illustrations and other client statements which can involve complex calculations, or if you are in the Capital Markets or Banking sector you may be using spreadsheets for critical pre trade pricing calculations or loan pricing.

These activities can be high risk and high impact and frequently require very specific spreadsheet control functionality that may be in addition to more general spreadsheet control processes.

Pharmaceutical Sector

FDA 21 CFR Part 11 requires tight audit and security control across business critical spreadsheets used in clinical trial and the introduction of new drugs. These requirements are best met through the use of spreadsheet access control, audit, versioning and approval functionality.

Forensic Accounting and Audit

If you are an auditor, risk manager or in advisory services you will want to be equipped with a powerful set of investigative tools to quickly identify key issues and areas of material concern.