SOX News

New Point&Ship Software Provides SOX Compliance While Reducing Corporate Shipping Costs

(Nov 13, 2007)-- Five years after Sarbanes-Oxley became law, companies are still trying to find ways to reduce the costs associated with compliance. One tech company has developed a software program that not only efficiently tracks corporate shipping costs, but helps save money in the mail room as well.

Point&Ship Software's web-based Shipping Expense Management Software (SEMS) gives businesses greater accountability and control over their express and ground shipping expenses, enabling them to reduce costs and refocus manpower on business issues. The proprietary software provides the only end-to-end shipping management solution that simplifies shipping tasks, standardizes procedures and increases efficiency of operation.

"Putting an internal control structure in place with the ability for annual review can be expensive," said Ted C. Mesa, founder, president & CEO of Point&Ship Software, Inc. "Point&Ship's SEMS program provides a cost-effective way for businesses to have unrivaled control of their outbound shipping, inbound tracking, billing and reporting capabilities."

Point&Ship software provides oversight on express, ground, freight and courier services through all major carriers unifying client shipping needs into a single, web-based interface. With external billing and account review, clients have an additional level of control to ensure their charges are accurate and appropriate.

Founded in 1994 by Mesa, Point&Ship has seen business grow under Sarbanes-Oxley. Today the company has annual billings in excess of $100 million and a client list that includes Fortune 100, 500 and Global 2000 including banks, financial institutions and tech companies as well as leading universities around the United States.

Mesa added that with Section 404 implementation by small and mid-size publicly traded companies, the need for SEMS will continue to grow. "It's hard enough for large companies to enact the legislative requirements. The small to mid size corporations will need all the help they can get." Section 404 requires publicly traded companies to have an internal control structure in place with audit firm verification.

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