According to Rebecca Gill, Vice-President of TGI Ltd.,
"Enterprise 21 is a fully integrated ERP software package
developed in a closed system approach that has built in controls
necessary to obtain SOA compliance." Pertinent sections SOX
include: * Section 302 - Corporate Responsibility for Financial
Statements * Section 404 - Management Assessment of Internal
Controls * Section 409 - Real-time Issuer Discloser Enterprise
21 Supports SOX (Sarbanes-Oxley) Compliance in the following
ways: * Secure system log on and tracking * Transactions are
recorded and accounted for properly * Online support of
corporate policies and procedures * Segregation of duties via
multi-level system security * Online approvals and authorization
for key transactions * Online reporting of financial data *
Timely information capture and accessibility * Strict adherence
to GAAP * Proper period ending * Workflow management and
exception reporting AMR Research recently released estimates
that Sarbanes-Oxley spending next year will once again top $6
billion. Of that amount, thirty-two percent of $1.9 billion will
be spent on technology. Traditionally companies have focused on
the human side of adhering to the SOA, although this focus has
very proved costly to maintain. Companies are discovering more
and more that the benefit of deploying technology to manage the
requirements SOA brings long-term, proven results.
Sarbanes-Oxley Compliance Requirements are focused on the proper
management and disclosure of corporate financial data. It states
that anyone who knowingly and intentionally alters, destroys,
mutilates, conceals, covers up, falsifies or makes a false entry
in any record or document shall be prosecuted and fined under
the law.
About Technology Group International, Ltd. Founded in 1990 and
headquartered in Toledo, Ohio, Technology Group International is
a proven technology leader delivering Tier 1 application
software functionality at a price performance level that can be
readily accepted by organizations of all sizes. Specializing in
software solutions for small and mid-market manufacturing and
distribution companies, TGI's integrated Enterprise Series
software suite is a complete business process management
solution. The product offering includes Enterprise Resources
Planning (ERP), Manufacturing Resource Planning (MRP), Supply
Chain Management (SCM), Warehouse Management System (WMS),
Advanced Planning and Scheduling (APS), Decision Support System
(DSS), Business Intelligence (BI), Manufacturing Execution
System (MES), and eCommerce. TGI implements, maintains,
enhances, and supports its packaged distribution and
manufacturing software solutions directly and via its channel
partners.
Technology Group International
www.tgiltd.com Rebecca Gill
800-837-0028
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