IPG selects OpenPages FCM software for Sarbanes-Oxley compliance

Aug 26, 2008 (Datamonitor via COMTEX) -- IPG | Quote | Chart | News | PowerRating -- OpenPages, a provider of enterprise governance, risk and compliance management solutions, has announced that Interpublic Group, a provider of advertising and marketing services, has selected OpenPages FCM for its Sarbanes-Oxley compliance programs.

According to the OpenPages, Interpublic Group (IPG) has selected OpenPages FCM given the flexibility and configurability of the solution which provides a streamlined and sustainable approach to IPG's continued compliance with Sarbanes-Oxley. OpenPages FCM allows IPG to automate the ongoing test and review of its controls documentation to reduce the time, cost and complexity associated with Sarbanes-Oxley Sections 404 and 302.

As part of the OpenPages platform, OpenPages FCM is a building block in implementing enterprise-wide, integrated approach to governance, risk and compliance management.

Chris Young, vice president of international control compliance at IPG, said: "Given our set of compliance needs, the ability to configure a technology solution to fit our specific requirements was a critical factor in our decision to deploy OpenPages FCM. OpenPages FCM gives us the flexibility to leverage the technology across each of our business units to make our compliance processes more efficient, resulting in a dramatic improvement on the time committed to our SOX compliance initiatives."

Gordon Burnes, vice president of sales and marketing at OpenPages, said: "IPG's selection of OpenPages FCM further validates our technological excellence in helping companies meet crucial Sarbanes-Oxley requirements. OpenPages FCM will be an essential tool as IPG looks to both simplify and improve the efficiency of SOX reporting procedures, ultimately making such activities sustainable and repeatable across the enterprise."

http://www.datamonitor.com

Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

More News:   Market Updates | Stock Alerts | All Trading News | Stock Index