SAI360 Internal Control & SOX Compliance is a cloud-based solution within the SAI360 platform designed to support the management, documentation, assessment, and monitoring of internal controls over financial reporting. It provides structured workflows for control documentation, risk and control mapping, testing, deficiency management, and certification processes. The solution centralizes evidence, maintains audit trails, and supports collaboration between control owners, compliance teams, and auditors. By integrating with enterprise risk and audit management modules, it enables coordinated oversight of financial reporting compliance and internal control effectiveness.

Key Features

Control Documentation and Mapping Maintain structured records of risks and controls.

• Centralized control library
• Mapping of risks to controls and processes

SOX Compliance Management Support compliance with financial reporting requirements.

• Documentation aligned to regulatory frameworks
• Certification and attestation workflows

Control Testing and Assessment Plan and execute control testing activities.

• Test scheduling and assignment
• Recording of results and evidence

Deficiency and Issue Management Track and remediate identified control weaknesses.

• Classification of deficiencies
• Assignment and monitoring of corrective actions

Workflow and Approvals Manage review and sign-off processes.

• Configurable review stages
• Role-based access and responsibilities

Reporting and Dashboards Provide visibility into compliance status.

• Real-time tracking of testing progress
• Reporting on deficiencies and remediation status

Integration with GRC Modules Align internal control activities with broader risk and audit processes.

• Linkage to risk registers and audit findings
• Coordination with audit and regulatory exam modules

Benefits

Improved Control Transparency Provide clear visibility into control design and effectiveness.

• Centralized documentation
• Structured reporting for management and auditors

Enhanced Compliance Oversight Support regulatory and financial reporting obligations.

• Documented testing and certification processes
• Traceable audit trails

Reduced Risk of Material Weaknesses Identify and address deficiencies in a timely manner.

• Continuous monitoring of control performance
• Clear ownership of remediation tasks

Operational Efficiency Streamline manual control and testing processes.

• Automated workflows and notifications
• Standardized templates and methodologies

Better Coordination Across Stakeholders Facilitate collaboration between finance, compliance, and audit teams.

• Shared access to documentation and evidence
• Defined accountability and review processes