Toyota Motor Europe
Gerjan Grootenboer: "Control of process documentation for Sarbanes-Oxley is solved with Mavim.”
Old Situation:
- Detailed spread sheets with Control Objectives, Risks and Control Activities to be coupled with financial processes were specified by head office.
- Most processes and procedures were not documented.
- There was no cohesion between the documentation that was available in different file formats.
Expectations of Mavim:
- The integration of existing Excel sheets, coupled Control Activities and process steps.
- The ability to analyse risks with the matrix and to publish process documentation on the intranet.
- Flexible reaction to centrally determined changes.
- Procedure can be coupled with certification requirements, so that it is clear where the gaps are.
Result:
- The documentation of the processes for the financial ‘SOX-project’ was quick and successful, and our users are enthusiastic about Mavim.
- The internal auditors make continual use of Mavim, namely for the testing and implementation of improvements.
- The success of the Mavim approach at Toyota Motor Europe has already lead to six independent national organisations of Toyota also moving over to Mavim.
- The generic Mavim method of information management fits very well with the Toyota philosophy “Genchi Genbutsu” (“going to the source to find the facts to make correct decisions, build consensus and achieve goals”).
