Business Unit Compliance eRoom

EMC Documentum Business Unit Compliance eRoom helps compliance team members capture and prioritize new Sarbanes-Oxley Section 404 risks. Use it to evaluate risk profile changes and determine how those changes should be reflected in future Section 404 efforts.

The Business Unit Compliance eRoom helps you identify new or retired risks that derive from purchases, acquisitions, or other changes in the business; recommend strategies for emerging risks; and determine which risks should be included for future Section 404 review.

Business Unit Compliance eRoom key benefits

• Risk identification/capture — Facilitate the identification and capture of material risk by business unit risk teams.
• Assessment — Evaluate whether new risks are material, and capture supporting information leading to recommendations.
• Feedback — Send alerts to enterprise risk managers, and get feedback on how other groups are handling risk.
• Summaries — Automatically provide content for the Executive Compliance Management eRoom—in summary format—for review.
• Documentation — Document new risk so that auditors may understand how business units manage risk.
• Automation — Reduce time, cost, and compliance risk by using automated processes designed specifically for Section 404.

Key technical capabilities

• Easy configuration — Modify templates rapidly based on business needs.
• Global access — Create a single, secure digital eRoom that is accessed through a web browser and that contains all relevant information.
• Configurable eRoom — Add appropriate discussions, content types, polls, and other capabilities as needed.
• Alerts — Solicit participation when material risk is diagnosed.
• Business unit issue tracking — Identify and monitor risks prior to formal Section 404 evaluation.

Business Unit Compliance eRoom users

• Divisional and business unit comptrollers
• Divisional executives
• Internal auditors
• Process owners
• Risk managers