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SarBox For the Feds
IBM has just released software to enable the Feds (American government agencies) to keep up with their reporting requirements. It seems that as of October 1, the Feds will have reporting requirements similar to SarBox, and IBM is the first company out of the gate with a tool to do it.
(I am not related to the Bob Markham in the story)
Reading the Circular A-123 that describes the mandate, I'm not so sure a reporting tool is what is required. I certainly hope this isn't another case of "buy the tool, it will fix the process" that so often happens with new government requirements. A-123 clearly calls for a more integrated approach to cost controls -- while having a linked, matrixed report of costs and decision-making information could certainly support those processes, they're never going to replace them.
Congrats to IBM, however, in being the first to release the tool. What with the October deadline approaching and this being the end of the Federal Fiscal year (with managers sitting on a lot of funds that need to be distributed) things are looking up for Big Blue.
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