Captaris Announces Early Adoption Program for Sarbanes-Oxley.
BELLEVUE, Wash.--(BUSINESS WIRE)--Feb. 26, 2004
Captaris Teamplate Enhances the Microsoft Office Solution
Accelerator for Sarbanes-Oxley with Business Process
Workflow and Expanded Reporting Capabilities
Captaris Inc. (Nasdaq:CAPA), a leading provider of business information delivery solutions, today announced the launch of the early adopter program for the Captaris Teamplate Sarbanes-Oxley (SOX) Accelerator. The SOX Accelerator enhances the Microsoft Office Solution Accelerator for Sarbanes-Oxley to provide expanded control, business process workflow and reporting capabilities. Microsoft's accelerator uses Microsoft Office InfoPath 2003 to capture and manage metadata as well as Microsoft Windows SharePoint Services for team collaboration and as a document repository. The Captaris Teamplate SOX Accelerator expands Microsoft's offering by incorporating business process workflow, visual process execution, process mapping capabilities, task assignment and notification, issue escalation, process status metrics, and progress reporting mechanisms.
"Organizations with Sarbanes-Oxley and other financial disclosure compliance requirements should consider multi-vendor offerings with comprehensive and rapidly deployable tool sets," according to Lane Leskela, Research Director at Gartner, Inc.
The Captaris Teamplate SOX Accelerator focuses on section 404 of the Sarbanes-Oxley Act, which requires organizations to complete an annual assessment of their internal controls. It also provides the framework to address sections 302 (quarterly reporting), 409 (material event reporting), and 806 (anonymous whistle blowing). In addition, organizations are able to leverage the business process models used to comply with Sarbanes-Oxley regulations as a first step to improve their business operations, mitigate risks, and streamline future compliance reporting. "In reality, compliance management is all about process and structure," said Brent Stankowski, co-founder and president of Teamplate, the business process automation operation of Captaris, Inc. "And expanding that framework throughout the entire business will not only accelerate future reporting, but will also reduce risks and increase operational efficiency."
Captaris builds upon the Microsoft Office Solution Accelerator for Sarbanes-Oxley with business process workflow to assist compliance managers adopting the COSO framework for overall compliance. By providing this assistance to manage the overall process, organizations can minimize risks and maximize the productivity for those people involved. "Captaris is doing exactly the right things for its customers," said Peter Rinearson, vice president of Microsoft's Information Worker New Markets group. "They've taken the strong foundation laid by the Microsoft Office Solution Accelerator for Sarbanes-Oxley and enhanced it with their own business process workflow and notification and reporting features. The result is an affordable Sarbanes-Oxley solution that lets their customers solve a critical business problem using the familiar Microsoft Office System environment."
The Early Adopter Program is targeted at a select number of organizations looking to extend the value of their existing Microsoft technology investments and requiring a cost-effective yet robust offering to assist in their Sarbanes-Oxley compliance needs. The Early Adopter Program provides direct access to the Captaris Teamplate SOX Accelerator team, assistance in implementation and significant discounts on the required Captaris Teamplate SOX Accelerator software.
More information about the Captaris Teamplate SOX Accelerator and the Early Adopter Program can be found at http://www.captaris.com/SOX. The Captaris Teamplate SOX Accelerator beta version is currently available through the Early Adopter Program, and the final product will ship concurrent with the release of the Microsoft Office Solution Accelerator for Sarbanes-Oxley.
About Captaris, Inc.
Captaris is a leading provider of business information delivery solutions that integrate, process and automate the flow of messages, data and documents. Captaris produces a suite of proven products and services, in partnership with leading enterprise technology companies, delivered through a global distribution network. Captaris has installed over 80,000 systems in 44 countries, with 93 of the Fortune 100 companies using the company's award-winning products and services to reduce costs and increase the performance of critical business information investments.
Captaris Teamplate is a process automation solution that improves the access and control of unique business processes for compliancy and competitive advantage. Teamplate makes it fast and easy to develop and support workflow applications within Microsoft environments, increasing collaboration, productivity and accountability. By integrating with Captaris business information delivery solutions, Teamplate enables best-in-class processes that ensure the right people get the right information at the right time.
Captaris is headquartered in Bellevue, WA, and has main offices in Tucson, AZ, Portland, OR, Calgary, Canada, and European headquarters in Nieuwegein, Netherlands. In addition, Captaris has sales and support offices in Switzerland, the United Kingdom, Germany, Hong Kong, Australia, and Dubai. The company was founded in 1982 and is publicly traded on the Nasdaq National Market under the symbol CAPA. For more information please visit www.captaris.com.
Captaris products RightFax, Teamplate and Infinite are trademarks of Captaris. All other company, brand and product names are the property and/or trademarks of their respective companies.
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|Date:||Feb 26, 2004|
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