TEAMING WITH SARBANES-OXLEY ON YOUR BEHALF

The Sarbanes-Oxley Act (SOX) turned the business world on its head, demanding new internal controls and reporting for publicly registered companies. KWI, while not a public company, takes responsibility as your SaaS partner to comply with the principles of SOX. We proactively take steps to tighten our process controls, improve our internal reporting and secure data.

We formally reengineered our business by hiring independent auditors PriceWaterhouse Coopers and Ernst & Young to perform a detailed assessment of our compliance. After a year of commitment and hard work, we again met with the auditors to confirm our progress. Our efforts have resulted in a variety of improvements.

Providing superior technology and service means never being satisfied with the status quo. We constantly seek improvement in processing, security and everything we do. SOX compliance is only one factor in assuring accuracy and reliability when we implement change.

Our goal is not merely to be better than the rest. Our goal is to be as good as is possible ... which means, on your behalf, there's no limit to how good we can be.

Visible improvements

Stringent attention to processes builds efficiency and reliability:

• electronic request forms
• user acceptance testing
• scheduled product delivery

Behind the scenes

Internal strides in areas such as data security, testing, project tracking, resource estimation and documentation give our clients the benefit of:

• more reliable changes to our system
• more consistent matching of results to requests
• dramatic improvements in on-time delivery

PCI

• Cost-conscious merchants are utilizing SaaS to comply with Payment Card Industry Data Security Standards (PCI-DSS).
• Without the benefit of SaaS, industry studies show that compliance with PCI-DSS may range from $20,000 to $70,000 for companies with fewer than 1 million transactions.*
• KWI's expert SaaS approach provides financial savings by enabling our clients to share compliance costs with other firms.