MALVERN, PA, November 6, 2007 -- Business Intelligence International (BII), developers of the on-demand Aline™ Governance, Risk and Compliance plus Performance (GRC+P) platform, announced today the release of their new packaged solution for the Non-Accelerated Filer market called Complete Compliance.
FOR IMMEDIATE RELEASE
Contact: Bill Tomassini
BI International
610-993-0100 / 877-ALINE-BII
btomassini@aline4value.com
BUSINESS INTELLIGENCE INTERNATIONAL UNVEILS NEW SOLUTION FOR NON-ACCELERATED FILERS
Aline4SOX – Complete Compliance to Make Compliance More Efficient
MALVERN
, PA, November 6, 2007 -- Business Intelligence International (BII), developers of the on-demand Aline™ Governance, Risk and Compliance plus Performance (GRC+P) platform, announced today the release of their new packaged solution for the Non-Accelerated Filer market called Complete Compliance. .
Aline™ is a user-friendly Software as a Service (SaaS) platform with its foundation based on the Aline4SOX module that helps companies automate and streamline their SOX process while reducing their total cost of compliance.
Aline4SOX - Complete Compliance contains integrated Best Practice Controls and Risk libraries so that Non-Accelerated Filers can start with a framework rather than working from a clean slate.
In addition to a best practice framework, Aline’s automated Top Down Risk Based Assessment and Optimization tools, drastically reduces the time and cost for Non-accelerated filers to achieve compliance.
• Define the appropriate SOX scope based on your risk environment resulting in a reduced # of controls, testing, and documentation.
• Utilize standard integrated reporting tools and dashboards to meet all internal & eternal requirements.
• Web Based solution requires no IT resources or costs.
The Aline4SOX platform has been used by Accelerated Filers since 2003. We have utilized that experience to provide Non-Accelerated Filers with a quick, simple process towards compliance. Aline™ can have companies on the road to compliance within 48 hours and at completion within just a few months.
The solution combines proven knowledge assets with powerful functionality to fast-track and right-size your control scope. The activation and training can be completed in a matter of hours and after a short Risk/Control Scoping & Gap Analysis and Certification Plan, much of the initial work is already complete.
Roland Mosimann, CEO of BII, said, “We recognize the importance for Non-Accelerated filers to reduce the time and cost of implementation while ensuring a maximum level of compliance. We have been able to apply many of the best practices that we have learned by working with Accelerated filers and our Complete Compliance solution offers a streamlined approach for our Non-Accelerated filer clients.
The Countdown to Compliance for non-accelerated filers is upon us and we recognize the sense of urgency for companies to comply quickly and with minimal cost. We also recognize that some companies may not have the resources to complete the documentation and testing. “We have developed a Jump Start program that can be delivered in conjunction with our channel partners which can help successfully achieve compliance in a matter of weeks, versus months,” said Bill Tomassini, SVP Of Sales and Field Operations for BI International. “We have developed a Jump Start program that can be delivered in conjunction with our channel partners which can help successfully achieve compliance in a matter of weeks, versus months.”
Aline4SOX module was included earlier this year as a niche player in Gartner, Inc.’s Magic Quadrant Research Study for Finance Governance, Risk and Compliance Management (GRCM) Software. This is the only on-demand solution proven to reduce the cost and time of SOX compliance by up to 50% and transform compliance into sustainable business improvement.
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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.
Note: This press release may include forward-looking statements that are subject to risks and uncertainties. A number of factors, including political, currency, regulatory and competitive and technological developments, could result in material differences between actual results and those outlined in any forward-looking statements.