Why SOX compliance is important for Insurance Industry?
-
Acts as a guide for effective financial and data controls. -
Promotes safeguard to financial data and information.
-
Helps prevent data breach issues.
SOX penalties that Insurance Industry must avoid.
-
Monetary fines.
-
Loss of reputation.
-
Discontinuation of business operations.
How this compliance template can help with SOX compliance.
This SOX, internal control framework has been explicitly designed for Insurance companies to create a sound internal compliance management culture in the organization. The framework lists all the specific compliance requirements and tasks a organization must comply with to maintain its compliance with SOX requirements.
How VComply can help in SOX compliance.
-
Set compliance program across departments and locations.
-
Create the SOX specific compliance framework and manage compliance workflow.
-
Automate compliance task assignment and management across compliance team.
-
Central repository for all your SOX compliance documents.
-
Automate SOX audits and manage the recurring audit process.
Download the SOX compliance template for Insurance Industry
Drive efficiency and value across your business with VComply’s user-friendly platform.
Ready to get Started?
A single source of truth
for your GRC operations
Ready to set up a trial of VComply and automate your compliance process?
