How Revlon Streamlined Communication to Work Smarter, Not Harder

In our Spotlight on Success series, Cynthia Watson (Senior Director, Corporate Audit and SOX Compliance, Revlon) shares how she manages a program at Revlon to test approximately 200+ SOX controls. Headquartered in New York City, Revlon is a leading global beauty company with a portfolio of iconic brands that transform the lives of women and men around the world. Revlon manufactures and markets color cosmetics, hair color and care, skincare, beauty care, and fragrances through a diverse portfolio of 15+ brands sold in more than 150 countries.

Hear how Revlon increased productivity after switching from a manual environment to AuditBoard, including:

• Leveraging AuditBoard to increase ownership and accountability for control owners
• Educating teams to work smarter, not harder, with the right resources
• Streamlining previously siloed communication with increased visibility and documentation

Tell us a little about Revlon and what prompted the switch to AuditBoard. 

Revlon is an iconic beauty brand for cosmetics, hair color, nail polish, and more – with locations in 80+ countries. We use AuditBoard to help control owners understand their SOX controls and gain visibility into their activities. AuditBoard helps us understand their control environment, especially when we make initial contact and request sample documentation. Currently, we are testing approximately 200 controls across two ERP systems. 

What are some of the challenges you’ve addressed with AuditBoard?

Revlon prioritizes automation with AuditBoard so we can work smarter, not harder. That includes training our control/process owners on how AuditBoard works, so they can access and update information as we move through our SOX testing process. This increases ownership and accountability in our SOX and internal audit departments. 

What are some of the benefits you’ve experienced with AuditBoard?

We involve control owners in the process to emphasize that these controls are theirs – and owners are free to make changes and update as they see fit. With a united front, our process is streamlined to reduce duplicate requests and emails. With a streamlined method of communication, our auditors don’t have to remember who asked for what, and whose requests have been fulfilled. This reduces back and forth between external auditors, controllers, the C-suite, and our global process owners. Without AuditBoard, we couldn’t do the same amount of work globally, given the number of entities and countries in our ERP systems.