FOR IMMEDIATE RELEASE
Media Contact
Colleen Grams
262-938-5407
MILWAUKEE — March 19, 2008 — Jefferson Wells, a global provider of finance, accounting, tax, internal audit and technology risk-related services, today announced a formal partnership with Business Intelligence International (BII) to offer a solution that automates compliance for Sarbanes-Oxley (SOX) Sections 404 and 302. Headquartered in Wilmington, Del., BII is a global software and consulting company specializing in the development of Web-based business intelligence solutions. The partnership enables both companies to offer customers a joint solution to further streamline the SOX process while reducing their total cost of compliance.
SOX 404 requires companies to document and ensure effective internal controls and procedures for financial reporting, while Section 302 mandates certifications that confirm the accuracy and documentation of financial reports. The joint solution enables users to document and assess the design of controls, track the testing of their effectiveness, and easily locate and remedy any deficiencies.
“This solution provides a single platform that will facilitate standardization and operational implementation of Jefferson Wells best practices for our clients’ SOX compliance engagements,” said Maryalice DeCamp, managing director of Jefferson Wells’ Philadelphia office. "Jefferson Wells has performed more than 4,000 Sarbanes-Oxley engagements for our clients. The expertise of our professionals combined with Business Intelligence International’s unique technology provides clients with an enhanced solution that will help accomplish their goals, improve productivity, increase margins and minimize risk."
The joint solution from Jefferson Wells and BII provides companies with a single repository of all SOX data, a dynamic update of standard deliverables and an integrated online project management reporting tool with powerful analytics capabilities. When the Sarbanes-Oxley Act was introduced, the compliance strategy for many companies was to apply a short-term fix and meet requirements. Five years later, more and more companies are seeking ways to turn compliance into a competitive advantage.
“By combining the industry-leading expertise and services from Jefferson Wells with this robust, secure solution from Business Intelligence International, companies now have access to technology that can help reduce their costs and create much tighter risk control structures,” said Roland Mosimann, CEO of BII.
For more information on the Jefferson Wells-Business Intelligence International SOX 404 and 302 solution, contact Jefferson Wells at 800-826-5099.
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About Business Intelligence International (BII)
Business Intelligence International (BI International) is a global software and consulting company specializing in the development of web-based business-intelligence solutions to provide GRC + P functionality to companies of all sizes. Since 1996, BI International has provided robust, flexible and secure solutions to enable customers worldwide to cost-effectively manage their compliance, risk and performance initiatives.
Leveraging its Aline™ platform, BI International offers a suite of affordable yet powerful and easy-to-use tools that provide a single repository of data along with integrated analytics and standard reporting. This allows clients to gain real time visibility to critical information to identify key issues and driving critical decision-making. Visit www.aline4value.com for more information.
About Jefferson Wells
Jefferson Wells (www.jeffersonwells.com) delivers professional services in the areasof internal audit and controls, technology risk management, tax, and finance and accounting-related services. The firm’s unique, agile structure aligns experienced professionals with proven processes to deliver pragmatic and cost-effective results. Headquartered in Milwaukee, Jefferson Wells serves clients, including Fortune 500 and Global 1000 companies, from offices worldwide.
Jefferson Wells is an independently operating, wholly owned subsidiary of Manpower Inc. (NYSE: MAN).