CrossCountry's Managing Director, P.J. Warwick, discusses the important of security and controls and why they should be considered before a system implementation
I am P.J. Warwick and I would like to talk about developing security and controls in a system implementation.
It is more important than ever to consider controls in the early stages of a system implementation. When controls are considered late in the project, the result is last minute surprises, audit issues, distractions and costly re-work. More and more, new security control issues are elevated to the board level and are taken very seriously.
For any system implementation, especially for financial systems, consider:
- Controls up front
- Rules and responsibilities
- Segregation of duties
- Assess the system on controls and financial and operational processes
- Understand the compliance implications including Sarbanes-Oxley
- Start a dialog early with the auditor, enter feedback and input
Ultimately, planning for security controls avoids surprises and saves time and money.