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Optial Partners - Lawyers

Optial provides lawyers with a tool to extend their customer relationships and to leverage their existing intellectual property. Knowledge and legal expertise that is key to managing business assurance processes can be transferred to clients in a practical format creating added value to the service provided and generating new revenue streams.
Optial can be used to conduct assessments of clients' existing compliance procedures to determine their adequacy and as a basis on which to present recommendations. Rather than simply providing advice, law firms are able to deliver operational solutions on Optial that can be implemented by their clients to proactively manage legal risks. The system not only enables transfer of the knowledge that corporations require to maintain compliance but also delivers the infrastructure within which to manage the relevant processes. Data capture and sophisticated reporting capabilities provide real-time identification of areas of concern and allow lawyers to be alerted automatically to situations where their services are required. The platform supports both packaged solutions using standard content and customized systems designed to meet the specific requirements of a customer. Optial systems allow law firms to widen their service offering to include integrated solutions that provide company directors with the confidence that corporate risks are being effectively managed.

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Optial provides the required infrastructure to fulfill reporting requirements set out by the Sarbanes-Oxley Act of 2002. More specifically, Section 404: Management Assessment of Internal Controls.