West Palm Beach, FL (PRWEB) April 5, 2007
On April 10th, at 1:30 p.m. EST, join OiWare's CEO Alec Brophy for a 30-minute Web cast with an interactive discussion that will highlight:
- Market trends and developments
- Vision on the market and positioning of OiWare
- Concerns for executives
- The need for a Sarbanes-Oxley and corporate governance solution
Register at: http://www.oiware.com/events.htm
By December 15, 2007, all public companies with yearly revenues totaling $75,000,000 or less are mandated to comply with section 404(a) of the Sarbanes-Oxley (SOX) Act of 2002. Section 404(a) holds management responsible for internal control procedures Section 404(a) which requires these non-accelerated filer's to complete documentation of internal controls and procedures for financial reporting.
Software vendors are creating new and revising old products to handle the Sarbanes-Oxley compliance, while auditors try to keep from drowning in the workload. In many cases, organizations are using the software products they know rather than adopting new products that can increase their productivity and help them reduce costs and work hours. Typically, clients are tracking their significant accounts and processes in either a relational database or in a simple Excel-based spreadsheet. A survey of SOX compliance implementers noted that 88.9 percent of the respondents were using generic products such as Excel, Access or Visio to complete SOX related tasks. Companies can save valuable time and money resources by instead implementing software applications designed specifically for SOX compliance.
OiWare is a company that provides Sarbanes-Oxley compliance and corporate governance software applications to small and mid-sized businesses. The company's iNTENTcheck™ software is cost effective, simplistic, intuitive, easy to use and non-intrusive to companies.
About OiWare, Inc.
OiWare is a company that seeks to provide comprehensive, affordable, easy to use solutions that are for internal management to implement and maintain. The organization provides world-class support through its business partner channels and direct software assistance. OiWare maintains a high degree of ethics and enables companies to grow, people to develop and communities to prosper.
The company can be reached at http://www.oiware.com, bp @oiware.com or at 415.738.2326.