News
Prodiance & Fillmore Technology Group Partner to Offer Industry-leading Spreadsheet Compliance Solutions
Fillmore to Distribute Prodiance Spreadsheet Compliance Edition
San Ramon , Calif. and Alameda, Calif. – August 23, 2006 – Prodiance Corporation, a world leader in delivering comprehensive business solutions for improving compliance with today’s corporate, regulatory and legal mandates, and Fillmore Technology Group, a leading consultancy with in-depth expertise in technologies that support the creation and management of critical business processes, today announced a strategic partnership agreement that will offer industry-leading compliance solutions to help organizations improve control and visibility over critical spreadsheets used in the financial reporting process. Under the terms of this agreement, Fillmore Technology Group will distribute the Prodiance Spreadsheet Compliance Edition solution along with value-added technology consulting services, expanding Prodiance’s sales, services and support presence in the US.
This partnership comes at a time when spreadsheets impacting the financial reporting process are being heavily scrutinized by leading tax and audit firms under SOX 404 compliance mandates. Spreadsheets provide finance and accounting users with flexibility and ease of use, and many organizations leverage them to extend and support general ledger (GL) applications. However, spreadsheets are often absent key controls needed to reduce financial reporting errors, including change control, version control, access control, input control, security, documentation, archival and backups.
“Organizations seeking to sustain compliance with SOX 404 mandates need to inventory, analyze, remediate, manage, and track changes to critical spreadsheets to ensure they are trusted sources of financial data,” said Kevin Farrell, president at Fillmore Technology Group. “The Prodiance Spreadsheet Compliance Edition delivers on these requirements by providing a controlled environment with strong change management and process automation capabilities to help organizations improve existing spreadsheet controls while accelerating the financial close process.”
"The combination of Prodiance technology and Fillmore Technology Group’s deep domain expertise in IT consulting provides organizations with a best-in-class solution to automate compliance-driven business processes involving critical spreadsheets,” said Dr. Soheil Saadat, president and CEO of Prodiance Corporation. "We’re very pleased to have them on board as a trusted partner to expand our presence in the US market.”
About Prodiance
Prodiance Corporation is a world leader in delivering comprehensive business solutions and best practices for improving compliance with today’s corporate, regulatory and legal mandates, and boosting productivity for knowledge workers. With proven technologies and solutions for financial spreadsheet control and remediation, management of electronic evidence, automation of key business processes, and federated search for eDiscovery, Prodiance leverages a 15-year history in delivering solutions for highly-regulated markets. Organizations across the financial, legal, real estate, telecommunications, entertainment, aerospace and defense, health care, educational, manufacturing, and engineering & construction markets have trusted Prodiance as a strategic partner to achieve their goals – driving down the cost of compliance, automating key business processes, and better leveraging corporate knowledge assets. Prodiance Corporation is an independent, privately held corporation based in San Ramon, California. Additional news and information about Prodiance solutions, products and services is available at www.prodiance.com or by calling 1-866-569-5678.
About Fillmore Technology Group
Fillmore Technology Group is a leading professional technology consulting firm that partners with organizations to develop and manage key business processes by delivering enterprise-class software solutions. Fillmore Technology Group automates and integrates workflow process and digital content into scalable, easy to use applications. Fillmore’s trusted solutions enable customers to become agile, process-centric organizations by streamlining operations, reducing costs, improving productivity and addressing governance, risk and compliance. More information about Fillmore Technology Group is available at www.fillmoretech.com or by calling (510) 864-0740.
Prodiance PR Contact:
Eric
Perry
(866) 569.5678
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