SOX News

Polaris International Selects BII's Aline Governance, Risk and Compliance Platform as Exclusive Compliance Tool

(Nov 27, 2007)-- Business Intelligence International (BII), developers of the on-demand Aline Governance, Risk and Compliance plus Performance (GRC+P) platform, is proud to announce that Polaris International -- an international affiliation of independent accounting and consulting firms -- has selected the Aline line of products to assist clients with SOX compliance and internal audit.

Aline4SOX is a user-friendly Software as a Service (SaaS) solution for Sarbanes-Oxley Sections 404 and 302, allowing companies to automate and streamline the SOX process while reducing their total cost of compliance. The product enables users to document and assess the design of controls, track the testing of their effectiveness and easily locate and remedy any deficiencies.

"Working with BII and their Aline product suite gives Polaris members additional options for advanced SOX and Internal Audit compliance software solutions," Julio Gabay, Executive Director of Polaris International said.

"We look forward to working with the Polaris International member firms and providing them with the Aline platform," said Bob Goldstein, BI International Channel Sales Manager. "Our products will add value to their client engagements addressing SOX Compliance, Audit, IT Governance, ERM and Business Process Improvement initiatives."

Aline4SOX provides companies with a single repository of all SOX data, dynamic update of standard deliverables, as well as integrated on-line project management reporting and powerful analytics.

The Aline4IA module for Internal Audit is tightly integrated with the Aline4SOX module and will provide BII's clients with the ability to develop their overall audit plan. Combining the effort of SOX and non-SOX audits gives companies a single Audit Universe where activities required for the SOX program and other audits share a common framework. This provides an improved coordination of priorities and resources while combining all findings into a single data repository.

Aline4SOX, which 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, is the only on-demand solution proven to reduce the cost and time of SOX compliance by up to 50 percent and transform compliance into sustainable business improvement.

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