Sarbanes-Oxley compliance teams have long relied on manual, periodic testing — a process that catches violations only after they have caused damage. The Celonis SOX and Internal Controls Manager targets Finance, Internal Audit, and Procurement teams running compliance programs across Purchase-to-Pay, Order-to-Cash, and Record-to-Report processes. Rather than sampling a subset of transactions at intervals, it monitors the full transaction set continuously and surfaces violations as they emerge.
A global pharmaceutical company cited in the launch has deployed it across all three process areas, automating over 100 controls and reducing its cost of control by 10% in the first wave of implementation. Month-end close processes accelerated alongside the automated oversight.
By infusing process intelligence into the audit workflow we help organizations to turn compliance from a reactive hurdle into a proactive engine for operational excellence. We are proud to have developed this solution alongside Deloitte, a leader in this domain.
The collaboration was driven from both sides of the partnership. Daniel Jørgensen, Partner at Deloitte Denmark, described the shift the tool enables: "By building this solution on the Celonis platform, we are enabling organizations to shift from traditional sample-based testing to data-driven controls management, allowing them to ensure fast ROI and increased risk reduction."
The Celonis SOX and Internal Controls Manager is the latest addition to the Celonis Platform Apps Program, a catalogue of pre-built domain-specific solutions built by Celonis partners on the company's Process Intelligence Platform.
