Asentrix Systems: Turn-Key, Asset Management Solutions
   Comprehensive, Turn-Key Asset Management Solutions
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Asentrix Systems delivers comprehensive asset management consulting and implementation services, inclusive of people, process, and technology.

Our solutions save our customers time and money by capturing, recording, and displaying important asset information to the right people, at the right time, in the right way.

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Sarbanes Oxley Asset Management Solutions

Asentrix Systems provides comprehensive, turn-key asset management solutions including a set of specific solutions to address Sarbanxes-Oxley (SOX, Sarbox) compliance.

The Sarbanes-Oxley Act of 2002 will have a significant impact on organizations throughout the United States. Among other things, this landmark legislation requires executives to attest to the adequacy and effectiveness of their internal controls. Controls will be externally audited and a statement of control, verified by the audit, will appear in reports filed with the Securities and Exchange Commission (SEC).

The Sarbanes-Oxley legislation requires executives to sign documents, under penalty of law, stating the accuracy and integrity of their financial reports. Without having an accurate, detailed, and timely accounting of all assets, executives are at risk. Ongoing asset management has always been a suggested “best practice”, but today, for many organizations, it has become a legal mandate.

Sarbanes-Oxley effects asset management in 3 primary ways:

1) CEOs and CFOs are required to sign and file reports with the SEC attesting to the accuracy of their financials and the accountability of their internal controls. Without an effective asset management solution, inclusive of people, process, and technology, neither the asset data nor the internal controls will exist to validate these reports.
2) External auditors are looking for consistency, accountability, and, wherever possible, automation. An effective asset management solution delivers on all three of these points and replaces inaccurate, manual processes.
3) A number of software vendors are requesting that large corporate customers conduct self-audits against their software usage, allegedly to help the suppliers meet Sarbanes-Oxley regulatory requirements. An effective asset management solution would allow this information to be collected and reported within minutes of the audit request.

Asentrix Systems provides the tools (software, hardware, identification ), the services (implementation, training, asset inventory ), and the expertise to implement a comprehensive, turn-key asset management solution that fully supports Sarbanes-Oxley compliance

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