公司规模
1,000+
地区
- America
- Asia
- Europe
国家
- United States
产品
- Fastpath Assure
技术栈
- Microsoft Dynamics AX
实施规模
- Enterprise-wide Deployment
影响指标
- Cost Savings
- Productivity Improvements
技术
- 应用基础设施与中间件 - API 集成与管理
适用功能
- 离散制造
用例
- 监管合规监控
服务
- 系统集成
关于客户
Flow International Corporation is the world leader in the development and manufacturing of ultrahigh-pressure (UHP) waterjet technology, and a leading provider of robotics and assembly equipment. The company provides technologically advanced, environmentally sound solutions to the manufacturing and industrial cleaning markets. As a publicly-traded company in the United States, Flow International operates throughout the world including North America, Europe and Asia. The company is required to comply with Sarbanes Oxley (SOX) Section 404 requirements on internal controls across all of its operations.
挑战
Flow International Corporation, a world leader in the development and manufacturing of ultrahigh-pressure (UHP) waterjet technology and a leading provider of robotics and assembly equipment, was facing challenges in complying with Sarbanes Oxley (SOX) Section 404 requirements. As a publicly-traded company in the United States, Flow International is required to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. Documenting and testing financial controls had proven difficult in the past and they were looking for a better performing solution that would work easily with their new ERP solution, Microsoft Dynamics® AX. The company needed a solution that could simplify their SOX compliance efforts while maintaining strict security standards, ultimately saving time and audit costs.
解决方案
Flow International turned to Fastpath for improved audit and security solutions integrated with Microsoft Dynamics AX. Using Fastpath Assure, Flow International was able to simplify their SOX compliance efforts while maintaining strict security standards, ultimately saving time and audit costs. Fastpath Assure provided the company a comprehensive, interactive tool to identify all SOD conflicts within Microsoft Dynamics AX and better understand security. The company was able to provide the necessary reports to both internal and external audit teams. Fastpath Assure also provided a work flow module that allowed staff to propose, approve and implement resolutions and mitigations throughout the audit process, as well as communicate these changes through reports and automated email.
运营影响
数量效益
Case Study missing?
Start adding your own!
Register with your work email and create a new case study profile for your business.
相关案例.
Case Study
Remote Monitoring for Environmental Compliance
Emerson wanted to provide a connected environmental analyzer to their customers. They wanted to leverage IoT technologies to provide a software solution that was easy to use, real-time and centralized. Compliance with pollution control board guidelines and the ability to remotely calibrate and troubleshoot these devices was the primary objective. Requirements - Centralized Remote Monitoring. - IoT Based Smart Environmental Analyzers. - Remote Calibration and Troubleshooting. - User Friendly Application. - Reporting & Dashboards. - Compliance with pollution control board guidelines.
Case Study
ELI LILLY ADOPTS MICROMEDIA’S ALERT NOTIFICATION SYSTEM
Pharmaceutical production is subject to a strict set of enforced rules that must be adhered to and compliance to these standards is critically necessary. Due to the efforts of WIN 911’s strategic partner Micromedia, Lilly was able to adopt an alarm notification infrastructure that integrated smoothly with their existing workflows and emergency hardware and protocols. These raw energy sources enable the industrial process to function: electricity, WIN-911 Software | 4020 South Industrial Drive, Suite 120 | Austin, TX 78744 USA industrial steam, iced water, air mixtures of varying quality. Refrigeration towers, boilers and wastewater are monitored by ALERT. Eli Lilly identified 15000 potential variables, but limitations compelled them to chisel the variable list down to 300. This allowed all major alarms to be covered including pressure, discharge, quantity of waste water discharged,temperature, carbon dioxide content, oxygen & sulphur content, and the water’s pH.
Case Study
IoT Solutions Give Commercial Fishing Real-time insights
Technology to support vessels in the commercial fishing industry had not changed significantly since the advent of radar. Over the past 40 years commercial fishing in the United States has continued to be one of the most active, yet regulated industries. The combination of federal regulations and lack of technology created an opportunity for Faria Watchdog to go-to-market with a solution.
Case Study
Digital Transformation of FOSIS through AuraQuantic Platform
The Solidarity and Social Investment Fund (FOSIS), a service of the Chilean Government, was faced with the challenge of standardizing its administrative processes to comply with the new regulatory framework established by the Law of Digital Transformation of the State (LTDE). The LTDE focuses on updating administrative procedures and document management in public administration through digital transformation. It also mandates that all communication related to administrative procedures between different public bodies must be carried out electronically. FOSIS had been using the AuraQuantic platform for over 14 years to automate different internal processes. However, with the introduction of the new LTDE framework, the institution needed to launch an ambitious project to align with the new regulations.
Case Study
Big risks requires big data thinking: helping clients target and prevent fraud
EY's clients are increasingly seeking growth in markets with higher perceived levels of fraud, bribery, and corruption risk. Regulators and law enforcement bodies are intensifying their activities, leading to significant corporate investment in employee training, policy development, and internal audit procedures designed to raise awareness of anti-fraud or anti-corruption policies. Many companies have also increased the use of more sophisticated, proactive uses of forensic data analytics (FDA) capabilities designed to prevent and detect areas of fraud, waste, and abuse. However, traditional rules-based tests and spreadsheet tools are not effective in managing these risks. EY needed a solution that could help them get ahead of the curve and squash potential threats before they escalate.
Case Study
Fresenius Medical Care AG & Co. KGaA optimizes external financial reporting
Fresenius Medical Care wanted to optimize its reporting process, particularly in light of the increased demands made by regulatory authorities on external financial reporting. The preparation of financial reports in accordance with international accounting standards (IFRS and US-GAAP [Generally Accepted Account Principles]) as well as in different currencies (Euro and US dollars) is a very complex and expensive process. The legal importance and reputational value of these standardized quarterly and annual reports for listed companies require the financial reports to be of a consistently high quality. However, the requirements for the structure and content of these reports are constantly increasing, while the submission deadlines get tighter.