Ingersoll, ON (PRWEB) March 30, 2008
As rules and regulations governing industry expand, the ability to manually manage and prove compliance becomes impossible. Erie Thames Services saw the need to provide an appropriate solution for their customers and shareholders. Enter Springboard Management Inc. (SMI), an Ontario based company who specializes in automated regulation and risk management solutions. Erie Thames Services has purchased a stake in the growing software vendor.
Most organizations have an inherent commitment to regulatory compliance requirements, although some industries are more heavily regulated than others. The majority of companies lack a systematic, consistent, and managed approach to demonstrating compliance with standards. Springboard designs operational efficient solutions so clients can function optimally and gain accreditation under standards such as ISO, DWQMS and E&USA ZeroQuest®.
"Springboard Management is an innovative company who shares our capacity to provide best-in-class products and solutions, not just within the parameters of the electricity industry, but beyond. They are a tremendous fit with our current tool set and we are very excited at the opportunities that lie ahead." Jeff Pettit, President & CEO, Erie Thames.
Since inception in late 2000, Erie Thames continues to strengthen its footprint and explore opportunities. The breadth of offerings enables Erie Thames to strengthen their core business of system reliability, customer service and safety.
Investing in companies such as Utilismart, RDI Consulting, Coulter, abicus/OUS, and now Springboard, propels Erie Thames beyond the normal parameters of the industry and move into other markets and sectors within Ontario, the US and abroad.
"We are really excited to partner with the Erie Thames Group of Companies. Springboard is in the Proof of compliance business. Joining forces with the quality people and pioneering spirit of Erie Thames solidifies Springboard's position in the heavily regulated utility sector while affording us the strength to expand into new markets." Brad Lagassé, CEO, Springboard Management Inc.
About Springboard: Incorporated in 2004, along with RRAM™ software, Springboard also offers Management System and Process Improvement Consulting. Regulations may differ from industry to industry, but the basic principles and methodology that govern compliance remains the same. RRAM is designed to facilitate compliance regardless of the specific regulatory details. The Springboard team includes Management System Experts with experience in a variety of industries including manufacturing, automotive, pharmaceutical, financial services, and mining.
For more information:
Senior Vice President
Springboard Management Inc.
800.507.0158 x 705