COMPLIANCE CHECKLIST

Manufacturing Industry Compliance with SOX

The manufacturing industry is a hub for generating massive data on financial transactions, material handling, and supply chain management. This is why compliance with SOX internal controls is essential for the manufacturing industry.

Why SOX compliance is important for Manufacturing Industry

Acts as a guide for effective financial and data controls.
Promotes safeguard to financial data and information.
Promote efficient flow of information across the supply-chain.
Helps prevent data breach issues.

SOX penalties that Manufacturing Industry must avoid

Monetary fines.
Loss of reputation.
Closure of manufacturing units.

How this compliance template can help with SOX compliance

This SOX, internal control framework has been explicitly designed for manufacturing organizations to create a sound internal compliance management culture in the organization. The framework lists all the specific compliance requirements and tasks an organization must comply with to maintain its compliance with SOX requirements.

How VComply can help in SOX compliance

Set compliance programs across all departments, manufacturing hub, and warehouses.
Create the SOX specific compliance framework and manage compliance workflow.
Automate compliance task assignment and management across the compliance team.
Central repository for all your SOX compliance documents.
Automate SOX audits and manage the recurring audit process.