Business Objects Selects OpenPages SOX Express to Help with Sarbanes-Oxley Compliance.Business Editors/High-Tech Writers WALTHAM, Mass.--(BUSINESS WIRE)--May 25, 2004 OpenPages, a leading provider of enterprise compliance management solutions, today announced that Business Objects (Nasdaq: BOBJ BOBJ Business Objects SA ) (Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange. ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. code FR0004026250 - BOB) has selected OpenPages Sarbanes-Oxley Express (SOX Express) to help with its Section 302 and 404 compliance initiatives. Business Objects is the world's leading business intelligence (BI) software company, providing solutions that enable organizations to track, understand and manage enterprise performance. The company's solutions leverage the information that is stored in an array of corporate databases, enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) and customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) systems. Popular uses of BI include enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. , management dashboards and scorecards, customer intelligence applications, financial reporting, and both customer and partner extranets. These solutions enable companies to gain visibility into their business, acquire and retain profitable customers, reduce costs, optimize the supply chain, increase productivity and improve financial performance. Business Objects will deploy OpenPages' SOX Express to help streamline its internal controls documentation process across the entire company. The solution will enable an easier exchange of information within Business Objects regarding ongoing business controls deployment and monitoring, resulting in a reduction in compliance costs. The solution complements the Business Objects BI software already used internally by Business Objects to help with compliance. By combining a strong document repository with powerful compliance automation capabilities, SOX Express will help facilitate both project management and compliance, using Web-based tools to get users up to speed quickly. "After a thorough examination of operational compliance offerings, it was clear that OpenPages had a strong solution to meet our needs for compliance with Sections 302 and 404. SOX Express combines the right functionality and domain expertise into an environment that is easy-to-learn and requires little IT management," said Patrick Horner, manager of internal audit at Business Objects. "We expect SOX Express to integrate with and enhance the analytic capabilities of our own BI software that is already in use internally." OpenPages' SOX Express is an enterprise compliance management solution that reduces the time and resource costs associated with ongoing compliance for Sections 302 and 404. SOX Express is a focused enterprise application that combines powerful document and business process management with flexible reporting capabilities in an extremely easy-to-use environment that enables CEOs, CFOs and financial management officers to enforce internal controls. SOX Express helps corporations automate significant aspects of their internal controls framework to significantly reduce the overall cost of compliance. Its dashboards can be used by project managers, documentation team members, internal auditors and external auditors to plan, document and test the internal controls of the company, and eventually to attest to the financial statements. For more information on OpenPages' line of enterprise governance and compliance management solutions or to register for a weekly webinar, please call 781-647-3800 or visit www.openpages.com. About OpenPages Founded in 1996, OpenPages develops governance and enterprise compliance management solutions that streamline knowledge-intensive processes to improve corporate accountability, reduce disclosure process cost, enhance internal controls management productivity, and increase investor confidence. The company's portfolio of applications includes OpenPages Sarbanes-Oxley Express (SOX Express), which automates the corporate financial reporting and disclosure compliance requirements Compliance requirements are a series of directives established by United States Federal government agencies that summarize hundreds of Federal laws and regulations applicable to Federal assistance (also known as Federal aid or Federal funds). of Sections 404 and 302 of the 2002 Sarbanes-Oxley Act See SOX. . OpenPages' solutions are designed to meet the evolving compliance requirements for Global 2000 firms in high growth markets such as financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , manufacturing, media, energy and power, technology, health services health services Managed care The benefits covered under a health contract , and life sciences. OpenPages is a trademark of OpenPages, Inc. All other trademarks contained herein are the property of their respective owners. |
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