MetricStream SOX Compliance Management built on the MetricStream Platform, is highly configurable to meet specific SOX compliance requirements. The product provides a responsive and personalized interface designed for SOX compliance professionals and is mobile ready to support control testing anywhere, anytime. The product’s "multi-dimensional organization structure" functionality enables organizations to model SOX compliance programs based on complex organizational setups. The product provides the management with comprehensive compliance insights and intelligence, enabling better business decisions.
SOX Compliance Management Software
Measure Your Program Outcomes
Source: Based on MetricStream customer responses and GRC Journey Business Value Calculator
-
60 %reduction in the time taken for control testing and SOX certification
-
0 %errors in SOX certification
-
93 %reduction in issue resolution time
Ensure Compliance with SOX in an Efficient and Sustainable Manner
MetricStream SOX Compliance Management software, is highly configurable to achieve compliance with the Sarbanes Oxley (SOX) regulation. It provides a mobile-ready, responsive, and personalized interface designed for compliance professionals to support control testing anywhere, anytime. Multi-Dimensional Organization Structure (MDOS) functionality enables organizations to model compliance programs for SOX based on complex organizational setups. Arm your management with comprehensive compliance insights and intelligence to power better business decisions.
Learn More product details Download RFP product details
How Our SOX Compliance Management Software Helps You
Centralized Compliance Framework Enabling Efficient Mapping of Relationships
For each business unit, create a centralized compliance framework for SOX that includes processes, risks, controls, financial accounts, financial statement assertions, evidence, questionnaires, and tests, along with the associated owners, reviewers, and approvers. Organize this data into appropriate hierarchies and map the relationships between the various data elements.
Comprehensive Approach to Risk Assessments
Plan and schedule risk assessments, define their scope, and assign them to owners. Assess risks based on impact and likelihood, rate control effectiveness, and document the inherent and residual risk rating. Leverage the Risk and Control Matrix for a comprehensive view of the SOX compliance program, including risks, controls, control effectiveness, test results, assertions, and frequency of control testing.
Streamlined Control Testing and Documentation Processes
Plan and design control tests, while also defining test owners, schedules, scope, and frequency. Search and select controls for testing and assign them to control owners. Leverage built-in standard templates to conduct the control tests. Store these documents centrally and provide access to them through secure, role-based landing pages.
Efficient Management of SOX Certifications
Create plans, questionnaires, and schedules for certifications based on SOX Section 302 and 404. View a SOX 302 sub-certification report which provides management teams the assurance that subordinate levels have performed their internal control duties.
Swifter Remediation of Issues with Automated Workflows
Accelerate remediation action plans through automated workflows, notifications, and reporting processes. Review issues marked for disclosure and channel them to the disclosure committee for their recommendations and inclusion in regulatory filings. Leverage AI/ML to quickly identify and recommend issues, issue classification, and action plans based on relation.
Effective Monitoring with Intuitive Dashboards and Reports
Monitor the status of control design, process ownership, evaluation plans, test results, and other factors on graphical charts and reports. Drill down to view the data at finer levels of detail. Leverage key control metric cards to track the number and test status of controls.
How Our SOX Compliance Management Software Benefits Your Business
- Gain confidence in SOX compliance with unified risk and control data management. Reduce costs through risk-based control rationalization, boost investor confidence with accurate reporting, and strengthen stakeholder trust through assured compliance, certifications, and timely issue resolution.
Trusted by Leading Brands
Related Resources
Analyst Report
MetricStream Named a Leader in IDC MarketScape 2025 Worldwide GRC Software Report
eBook
Looking into 2025 – A Journey Through GRC Challenges and Priorities
Frequently Asked Questions
MetricStream SOX Compliance Management is a highly configurable software product designed to help organizations establish, maintain, and demonstrate compliance with the Sarbanes-Oxley (SOX) Act. It supports the setup of a SOX compliance framework, risk assessments, control testing and documentation, certifications, and issue remediation. The product is built specifically for SOX compliance professionals and includes a multi-dimensional organization structure that accommodates complex corporate setups.
According to customer responses and the GRC Journey Business Value Calculator, MetricStream SOX Compliance Management has achieved a 60% reduction in the time taken for control testing and SOX certifications, 0% errors in SOX certifications, and a 93% reduction in issue resolution time. These results reflect the product's ability to automate manual testing, certification, and remediation workflows.
MetricStream SOX Compliance Management allows organizations to plan control tests with defined owners, schedules, scope, and frequency. A survey-like format for test procedures increases user engagement, and samples can be added manually or uploaded in bulk using Excel spreadsheets. Testers, reviewers, and approvers collaborate through structured workflows, and supporting evidence is stored centrally in secure, role-based landing pages. Control results display effectiveness information upfront, reducing review time.
MetricStream SOX Compliance Management enables organizations to plan and schedule risk assessments across their SOX compliance framework, assess risks based on impact and likelihood, rate control effectiveness, and document inherent and residual risk ratings. The Risk and Control Matrix provides a comprehensive view of the entire SOX program, including risks, controls, control effectiveness scores, test results, assertions, and the frequency of control testing—giving compliance teams and auditors a complete picture of the control environment.
MetricStream SOX Compliance Management supports the creation of certification plans and questionnaires aligned to SOX Section 302 and 404 requirements. The SOX 302 sub-certification report gives management teams assurance that subordinate organizational levels have fulfilled their internal control responsibilities. Certifications follow automated workflows for review and approval, with the full certification history stored centrally and accessible for internal review and external audit purposes.
MetricStream SOX Compliance Management leverages AI capabilities to document control deficiencies and issues and recommend their classification and remediation path. AI accelerates issue triage by identifying related deficiencies based on historical data, allowing organizations to address root causes rather than symptoms. Remediation action plans are created within the platform, routed to reviewers for approval, and tracked through automated workflows, notifications, and reports until closure.
MetricStream SOX Compliance Management provides SOX compliance professionals with real-time visibility through graphical dashboards, key control metrics cards, and scorecards that display the number and test status of controls, open issues, certification results, and control effectiveness trends over the prior four quarters. Drill-down capabilities allow users to move from executive-level summaries to individual control test details, supporting both strategic oversight and operational management of the SOX program.
MetricStream SOX Compliance Management strengthens investor confidence by providing accurate, complete, and reliable data on control testing results, certifications, and issue resolution. The platform's structured workflows and audit trail ensure that all SOX activities are documented, reviewable, and defensible. By driving 0% errors in certifications and accelerating issue resolution, organizations can file accurate regulatory disclosures and demonstrate a mature, well-governed internal control environment.
MetricStream SOX Compliance Management includes a multi-dimensional organization structure functionality that allows organizations to model their SOX compliance program to reflect complex corporate hierarchies, including multiple business units, legal entities, and geographic regions. Compliance frameworks can be set up independently for each business unit with their own processes, risks, controls, accounts, and test schedules, while roll-up reporting consolidates results across the enterprise for senior management and external auditors.
MetricStream SOX Compliance Management includes a disclosure workflow that allows organizations to review issues identified during control testing and route those marked for disclosure to the disclosure committee. The committee can review findings, provide recommendations, and determine which items should be included in regulatory filings. This structured approach to disclosure management reduces the risk of material weaknesses or significant deficiencies being missed or improperly handled before financial reporting deadlines.