Movaris Inc.Movaris Inc. has brought out Movaris Certainty[TM] 6.5, an updated version of its Sarbanes-Oxley compliance software. The Campbell, Calif.-based company claims that the new features streamline the required monitoring and evaluation requirements, while driving down total compliance costs. Movaris has focused particularly on compliance with Sarbanes-Oxley Sections 302 and 404, which deal with certification of financial statements and attestation The act of attending the execution of a document and bearing witness to its authenticity, by signing one's name to it to affirm that it is genuine. The certification by a custodian of records that a copy of an original document is a true copy that is demonstrated by his or her about internal controls, respectively. The firm says the latest release allows companies to: * Automate To turn a set of manual steps into an operation that goes by itself. See automation. compliance scoring * Facilitate and capture collaboration and peer consultation * Configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. the control structure to match the standards and practices of each organization * Use important new reporting features. Movaris Certainty originally shipped with more than 50 predefined reports built on Crystal Decisions' Crystal Reports. Certainty 6.5 adds more Crystal Report definitions, as well as cross-platform support enabling Crystal Reports to run on such databases as Microsoft SQL SQL in full Structured Query Language. Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results. , Oracle and DB2. These reports provide executive dashboards with real-time compliance status and disclosure issues. Paul Rosenblum, Movaris' vice president of marketing, maintained in an interview that most competitors are offering "a narrow solution--they're really re-treaded internal audit tools. Lots of companies have platforms in document management systems, but you really need a process-oriented tool. Customers choosing us already have that [document management] in place." He adds, "We wanted to create a repository of activities. Certainty 6.5 adds [to 6.0] support for COSO COSO Committee of Sponsoring Organizations of the Treadway Commission COSO Church of Spiral Oak COSO Corporate South COSO Class of Service Override COSO Combat Oriented Supply Operations (USAF) [the Committee of Sponsoring Organizations framework] and supports tying back to it. Configurability can be based on a company's terminology and control structure, and deployment is very easy and quick, with little in professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. required." Rosenblum says that while Certainty is primarily an enterprise-type solution, "it can work for those below the Fortune 1000, though it's really not designed for companies under $100 million in revenues. The pricing strategy is a function of size of the company; we don't care
"Don't Care" is a 1994 (see 1994 in music) single by American death metal band Obituary. about the number of seats." Web: www.movaris.com |
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