HCA Selects OpenPages FCM For Sarbanes-Oxley Compliance
OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced that HCA (NYSE: HCA) has selected OpenPages FCM to assist in its Sarbanes-Oxley compliance initiatives. OpenPages FCM will help HCA to automate some of the company's manual compliance processes and improve documentation archival procedures associated with Section 302 and 404.
"The size of our company, along with the complex SOX compliance requirements and accelerated filing deadlines resulted in our need for an efficient solution that would allow us to easily manage information, automate workflows and archive our documentation," said David Hughes, assistant vice president, enterprise risk management, HCA. "We found OpenPages to have the strongest solution for meeting our needs in compliance with Sections 302 and 404."
OpenPages FCM is an enterprise financial controls management solution that reduces the time and resource costs associated with ongoing compliance with financial reporting regulations. Available in 6 languages, OpenPages FCM combines powerful document management, business process management and flexible reporting capabilities in an extremely easy-to-use environment that enables an organization to document financial controls and automate the ongoing test and review process. Completely web-based, OpenPages FCM maximizes end-user participation with little training. Its dashboards can be used by project managers, documentation team members, internal auditors and external auditors to plan, document and test the internal controls framework of the company, and to attest to the financial statements.
About OpenPages
OpenPages is the leading provider of governance, risk and compliance management software solutions. The company's solutions provide the visibility, decision support and control to improve accountability, better manage risk, achieve compliance with numerous regulations, improve operational performance and align strategies to ensure better results.
Market-leading corporations in financial services, manufacturing, telecommunications, media/entertainment, retail/consumer, energy, high technology, health services and life sciences rely on OpenPages to help them achieve sustainable governance, risk and compliance management -- enabling them to become well-governed businesses. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in Hong Kong, Japan, France and the United Kingdom, and regional offices throughout North America.
For more information on OpenPages' suite of business governance software solutions or to register for an online demonstration, please call 781-693-5999 or visit www.openpages.com.