Sandy Marshall Product Manager for ComplyXL Lyquidity Solutions

ComplyXL snapshots are saved by users to demonstrate to auditors adherence to agreed compliance procedures and so ensure clarity of the audit process. To access this audit trail or to create new snapshots auditors needed access to the source workbook; with ComplyXL 2.3.4 auditors can now access a central repository of workbooks eliminating the need to access, and potentially change, live workbooks. This means more time spent reviewing workbooks rather than hunting for workbooks and trying to find out what has been changed.
The snapshot capability gives auditors a key tool to see and understand the audit trail of the spreadsheets as well as providing documentary evidence for compliance. It allows auditors and accountants to check and compare versions of spreadsheets without the need to open them.

Benefits include:
* Audit process streamlined providing more time to focus on assuring spreadsheets and process compliance
* Auditing process more transparent (what comparisons were carried out, what criteria was used ˆ formulas, arrays, hidden cells, etc)
* Detailed documentation maintained and available to be included in the wider compliance process
* Documentation kept within the central repository so aids Sarbanes Oxley compliance
* Confirmation of tests that have been performed even if they reveal no changes have occurred.

This enhancement is one of many benefits ComplyXL brings to organizations who enjoy the flexibility of spreadsheets but want to ensure compliance.

Other benefits include:
* Version control - what changes have been made to the spreadsheets and what were they
* User rights defined for spreadsheets - who made the changes and when
* Access controls for spreadsheets - only users with the right to change spreadsheets are able to
* BI style reporting for Sarbanes Oxley compliance ˆ strengthening the transparency for the audit process
* Full history of spreadsheets - with the ability to compare and if necessary, roll back changes
* Spreadsheet discovery - do those spreadsheets need control?
* ComplyXL seamlessly links in to SharePoint

Lyquidity has made available full presentations showing all aspects of ComplyXL to give users a deeper understanding of the software and how it can be used and deployed.

A Full presentations of ComplyXL and its capabilities and pricing is also showing on the website with Enterprise solutions available for under $10,000

Lyquidity Solutions is a privately held, leading spreadsheet management software company providing corporations worldwide with compliance tools to ensure corporate governance. With technology for full spreadsheet control and management Lyquidity provides solutions to organizations across market sectors from banks and finance through to airlines, consultants and healthcare around the world.

For more information, go to www.lyquidity.com