Use the perfectly fitting solution for regulatory compliance. Take advantage of well-executed security model to pass SOX audits.
The regulatory landscape is getting more complex for corporate entities all the time, both nationally and internationally.
This is where Anrova can offer you a perfectly fitting solution with SAP Business One.
After all, almost all of the facts that have to be recorded and accounted for in regulatory compliance can be maintained in your ERP-system. Ranging from financial accounting transactions to traceability of products through their manufacturing and distribution cycle or conformity with regulations of directives for example.
The Sarbanes-Oxley Act (SOX) requires that publicly traded companies ensure proper monitoring and management of their internal business processes.
SAP Business One is a comprehensive integrated ERP solution that meets the necessary requirements to support your company in implementing the suitable processes and adequate controls to assist you in auditing those processes and controls.
Anrova has the experience to put in place an effective implementation of SAP Business One including a well-executed security model to pass SOX audits.
How does SAP Business One answers the SOX requirements?
Accessibility to reporting data source
Roll based authorizations
SAP Business One is equipped with a comprehensive authorization facility that can be tailored to every user. To ensure that documents are posted in the correct financial period and no changes are made to the financial statements once they are reported, SAP Business One can be set up to only allow posting to the current active period.
21 CFR Part 11
21 CFR Part 11 is a section in the Code of Federal Regulations (CFR) that outlines the US Food and Drug Administration’s (FDA) guidelines on using electronic records and electronic signatures.
This law ensures that companies and organizations implement good business practices by defining the criteria under which electronic records and signatures are considered to be accurate, authentic, and equivalent to paper records and handwritten signatures on paper.
Part 11 essentially allows an electronic record to take the place of a paper record, and allows any handwritten signature to be replaced by an electronic signature.
Anrova has extensive experience in implementing SAP Business One in Pharma and Life Science organizations requiring GxP and compliance knowledge and how to meet those requirements toward compliance like FDAs 21 CFR Part 11.