The huge costs to comply with Sarbanes-Oxley don't have to be a sunk cost. Forward-thinking companies can achieve a return on their compliance investment by first automating manual compliance processes to reduce costs and then using SOX as a lever to improve business processes. Companies must include business and process improvement while meeting regulatory mandates for any hope of a return on investment.
 John Hagerty, vice president of research at AMR Research, will lead a discussion on the best practices of Sarbanes-Oxley compliance and share research and stories from leading companies who have successfully tackled Sarbanes-Oxley and produced a return on compliance. This 1-hour webcast will drill down into specific SOX-related issues, including:
- Technologies that automate testing your internal controls
- How to stop overspending on internal employees and external consultants
- Sustaining ongoing compliance for 2005 and beyond
- Driving quality in financial operations
- Moving toward complete enterprise risk management
Oversight Systems CEO Patrick Taylor will build upon Hagerty's research to present real case studies that demonstrate how companies achieve a return on compliance with transaction integrity monitoring. This webcast will then explain how technology can be used as a virtual auditor to:
- Monitor 100% of financial transactions
- Automated compensating control
- Automate manual monitoring and testing for SOX compliance
- Reduce the time burden on internal audit
- Reduce consultants charges for monitoring and testing
- Identify and correct errors in real time
- Fix small problems before they become big problems
Parson Consulting Practice Director Patrick Neeley will moderate the webcast and discuss his experiences with Parson's Fortune 500 clients. Patrick will provide details into how leading companies are moving beyond minimal compliance and implementing total quality in their financial operations.
About the Speakers
 John Hagerty, Vice President of Research at AMR Research
As Vice President, John is responsible for leading AMR Research's analysis of strategies, practices, and trends driving governance, compliance, and Enterprise Performance Management (EPM) initiatives in corporations worldwide. In addition to several years experience in various research areas at AMR Research, John also brings over 20 years of software industry experience to his role. Prior to AMR Research, John was the Vice President of Marketing at Pilot Software, an analytical application solutions provider, and also headed North American channels marketing for Cognos Corporation, a leading business intelligence tools vendor. At Dun & Bradstreet Software, John directed product design, strategy and marketing for its financials and decision support products, as well as its tools & technology product lines. John earned a B.A. degree in Business Administration from Suffolk University and an M.B.A. from Babson College.
 Patrick Taylor, CEO of Oversight Systems
Mr. Taylor is recognized as a leader in the convergence of controls monitoring, information security and the implementation of technology to boost corporate governance. After speaking with executives from across the country, Patrick launched Oversight Systems to pioneer the concepts and technology for transaction integrity monitoring. As a thought leader in continuous monitoring, Patrick has spoken at several compliance and audit industry conferences from organizations, such as the Institute of Internal Auditors and the Association of Certified Fraud Examiners. As a respected information security industry insider who served in various product management and strategic marketing roles with Internet Security Systems and Symantec, Patrick is a frequent speaker at conferences, such as RSA, Networld + Interop, Comdex, NetSec and the Goldman Sachs Information Technology Conference.
Patrick Neeley, Practice Director at Parson Consulting
Patrick Neeley possesses over 22 years of management consulting and financial executive experience with a powerful blend of expertise in business intelligence, financial management reporting, strategic cost reduction, business process redesign, and performance improvement solutions. He has led implementation planning projects in strategic information and financial management systems for a number of billion dollar global enterprises. He formerly served as a consulting partner and leader in the finance transformation practice with Deloitte & Touche.
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