360factors, Inc., the industry leader in risk and compliance intelligence software for banks and financial services organizations, announced today that the company has launched Predict360 Quarterly Certifications and Attestations, an innovative software solution that enables public companies in the United States to increase efficiency and ensure confidence in their certification and attestation requirements.
Public companies with Sarbanes-Oxley (SOX) requirements often must distribute certification or attestation questionnaires to a variety of managers, department heads and business unit presidents each quarter to ensure the accuracy of their financial information and identify any discrepancies or exceptions. For many large organizations, this is often a manual, time-consuming and frustrating process, especially when faced with the tight deadline mandated by financial reporting requirements.
Predict360 Quarterly Certifications and Attestations features a built-in questionnaire and assessment engine for defining and distributing surveys including questions, help/guidance for each question, and a mechanism to identify which answer(s) create risks that requires further review. An automated workflow then collects the answers from the survey and routes the results to a reviewer who can quickly identify potential issues, provide feedback and trigger follow-up tasks to remediate potential risks.
For executives, survey results from various certifications are aggregated within summary reports that can be further certified. Built on the Predict360 risk and compliance intelligence platform, the application includes many standard features, including dashboards, interactive calendar for managing follow-up tasks, and automatic email-based notifications for relevant parties.
