SOURCE: Paisley

May 08, 2008 10:10 ET

Centrica PLC Selects Paisley Enterprise GRC™ for Financial Controls Management and IT Governance

MINNEAPOLIS, MN--(Marketwire - May 8, 2008) - Centrica PLC has chosen Paisley Enterprise GRC™ to manage its financial controls compliance and IT governance business processes. Paisley was selected for its market-leading position in integrated governance, risk and compliance and its proven track record delivering best-in class integrated financial controls compliance and IT governance solutions to large enterprise organizations.

Centrica plc is an integrated energy company offering a range of home and business energy solutions. Its activities include finding and producing gas predominantly in the United Kingdom and Canada, and it has acquired license blocks in Norway, and North and West Africa.

"Paisley Enterprise GRC includes the specific functionality we require to streamline our financial controls, compliance and IT governance business processes," said John Morgan, project manager, Centrica. "Paisley Enterprise GRC demonstrated superior functionality for process, risk and control documentation, workflow and reporting, and the additional functionality for risk assessment and compliance management that we were looking for to optimize our GRC processes."

"Paisley continues to be recognized as the global market leader in governance, risk and compliance, including financial controls management, IT governance and compliance," said Marc Adams, vice president and general manager of EMEA, Paisley. "We are encouraged by the strong demand from European organizations such as Centrica as we look to continue the expansion of our global operations in Europe, the Middle East and Africa."

Paisley Enterprise GRC includes purpose-built components for the full spectrum of governance, risk and compliance requirements. The software includes components for financial controls management, operational risk management (ORM), enterprise risk management (ERM), audit management, IT governance and compliance.

About Paisley

Paisley is an industry-leading software vendor that provides solutions for governance, risk and compliance including financial controls management, internal audit, operational risk management, compliance, IT governance and enterprise risk management. For more than a decade, Paisley has delivered superior software and services to both large enterprise and mid-market organizations. Governance, risk and compliance software has always been and continues to be the company's focus.

Leveraging industry best practices, standards-based technology, and a choice of software platforms and deployment options, Paisley customers are empowered to improve the accuracy, consistency and efficiency associated with internal audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance initiatives. Developed for companies of every size and across multiple industries, Paisley's solutions enable organizations to streamline governance, risk and compliance processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance.

For more information, call 320.286.5870, email info@paisley.com or visit www.paisley.com.

About Centrica

Centrica plc is an integrated energy company offering a range of home and business energy solutions. Its activities include finding and producing gas predominantly in the United Kingdom and it has acquired license blocks in Norway, and north and west Africa. It is a gas and electricity retailer and supplier for the residential and commercial sectors. Centrica also provides central heating, gas appliance installation and maintenance. Its operations include Direct Energy in the US and Canada, and British Gas Residential, British Gas Business, British Gas Services, Centrica Energy, and Centrica Storage in the UK.

Contact Information

  • Press Contact:
    Stacey Billy
    Marketing Director
    Paisley
    763-450-4821
    Email Contact