Microsoft will deliver an add-on for its Office System designed to help companies meet reporting requirements.
The Office Solution Accelerator, due out in March, was created with the help of accounting companies and takes advantage of features in Microsoft's Windows SharePoint Services and InfoPath 2003.
Several high-profile accounting scandals prompted US lawmakers to pass laws last year, such as the Sarbanes-Oxley Act which sets specific reporting requirements for publicly listed companies.
Microsoft's forthcoming Sarbanes-Oxley Office add-on will help executives monitor financial data within their business. It provides functionality in four key areas: document and information management; process automation and workflow; collaboration and communication; and monitoring and reporting.
The Sarbanes-Oxley offering, just as Microsoft's other Office Solution Accelerators, will be available for free for Microsoft customers with a Software Assurance contract. The software will require some configuration and customisation, which can be done by a Microsoft partner or by a customer's own IT department.
Other Office Solution Accelerators that Microsoft has released or are forthcoming include: Office Solution Accelerator for Proposals, Office Solution Accelerator for Recruiting, Office Solution Accelerator for Six Sigma, Office Solution Accelerator for XBRL (Extensible Business Reporting Language) and Office Solution Accelerator for Business Scorecards.
Joris Evers writes for IDG News Service