SOX News

Business Intelligence International and AC Lordi Consulting Partner to Create Unique Compliance Solution

(Nov 15, 2007)-- AC Lordi Consulting, providers of accounting, internal audit and business advisory services, and global business intelligence software provider Business Intelligence International (BII) announced a groundbreaking alliance to jointly deliver enterprise solutions to help companies comply with the Sarbanes-Oxley (SOX) Act of 2002.

"The service we can now provide is unlike anything else in the market today and offers a tremendous return on investment for our clients," said Frank Lordi, Vice President and National Managing Principal of AC Lordi Consulting. "The combination of AC Lordi's unique top-down, risk based methodology with the flexibility and simplicity of BII's software allows us to offer a complete solution that can be rapidly implemented."

The new ICFR Optimization Solution combines AC Lordi's SOX methodology with BII's Aline4SOX software. ICFR Optimization was designed to enable companies to simply and effectively manage the scope of their compliance programs based on their unique business challenges and risk profile. Aline automates the entire scoping and optimization process and as result provides one of the highest returns on investment in the industry, substantially reducing expenses while creating a repeatable efficient approach to compliance.

"We are pleased to be working with AC Lordi on the launch of the ICFR Optimization Solution. The expertise and methodology that AC Lordi brings to the table are a perfect fit for leveraging the power of the Aline toolset," said Roland Mosimann, CEO of Business Intelligence International. "Our new offering gives accelerated and non-accelerated filers the opportunity to rapidly optimize their compliance programs and reduce costs. In addition, it provides a risk-centric framework to implement strategic initiatives for ERM and business process improvement."

AC Lordi has amassed more than 300,000 hours of Sarbanes-Oxley compliance experience for a range of public companies including several in the Fortune 500. Aline4SOX is the only on-demand, browser-based software proven to reduce the cost and time of SOX compliance by up to 50%. SEC filings have shown that Aline4SOX clients spend more than 40% less in external audit fees than their peers of similar size.

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