SOURCE: OpenPages

February 13, 2006 11:47 ET

Multicare Health System Selects OpenPages SOX Express For Sarbanes-Oxley Compliance

WALTHAM, MA -- (MARKET WIRE) -- February 13, 2006 --OpenPages, the leading provider of enterprise governance, risk and compliance management (GRCM) solutions, today announced MultiCare Health System has selected OpenPages Sarbanes-Oxley Express (SOX Express) for its Sarbanes-Oxley compliance initiatives. MultiCare Health System will deploy SOX Express to automate the company's ongoing test and review of its internal controls documentation in order to reduce the time and resource costs associated with Section 404 and 302 compliance.

MultiCare Health System is southwest Washington's premier health resource, a not-for-profit organization that brings together the very best of care. MultiCare's physicians, nurses, neighborhood clinics and respected hospitals work together to make every patient experience more compassionate, more integrated and more convenient. MultiCare includes Allenmore Hospital, Mary Bridge Children's Hospital & Health Center, Tacoma General Hospital, MultiCare Medical Group, Laboratories Northwest, MultiCare Clinics, MultiCare Day Surgery Centers, MultiCare HealthWorks, MultiCare Home Services and MultiCare Urgent Care Centers.

Catherine Wakefield, Administrator of Corporate Compliance and Internal Audit at Multicare, said, "MultiCare is committed to providing quality patient care in an efficient and cost effective manner. Effective internal controls over financial reporting are important to our mission. With OpenPages, we will be able to document and manage our internal control processes. We are looking forward to implementing best practices in internal controls at MultiCare."

OpenPages SOX Express is an enterprise compliance management solution that reduces the time and resource costs associated with ongoing compliance for Sections 302 and 404 of the Sarbanes-Oxley Act. SOX Express 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, SOX Express 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.

For more information on OpenPages' line of enterprise governance, risk and compliance management solutions or to register for an online demonstration, please call 781-647-3800 or visit www.openpages.com.

About OpenPages

Founded in 1996, OpenPages develops enterprise governance, risk and compliance management (GRCM) solutions that optimize internal controls, reduce risk exposures and empower effective corporate oversight. OpenPages solutions improve corporate accountability, reduce disclosure process costs, assure organizational performance and increase stakeholder confidence via a unified system of record for every significant process, risk and control throughout the enterprise. The company's portfolio of solutions includes SOX Express, the market-leading enterprise application for automating the compliance requirements of Sections 404 and 302 of the 2002 Sarbanes-Oxley Act, and OpenPages ORM, a risk management software solution that enables entities to identify, measure, monitor and manage operational risk on an integrated, company-wide basis.

The world's largest corporations in diverse markets -- including financial services, manufacturing, telecommunications, media/entertainment, retail/consumer, energy, high technology, health services and life sciences -- rely on OpenPages for cost-effective, efficient, sustainable governance, risk and compliance management. The company is headquartered in Waltham, Massachusetts, with international headquarters in the United Kingdom and Hong Kong, and regional offices throughout North America.

OpenPages is a trademark of OpenPages, Inc. All other trademarks contained herein are the property of their respective owners.

Contact Information

  • Contacts:

    OpenPages
    Ed Thomas
    OpenPages
    781.647.3800, ext. 241
    Email Contact

    North America
    Alicia Libucha
    Lois Paul & Partners
    781.782.5703
    Email Contact

    Europe
    Louise Matthews
    Harvard Public Relations
    +44 208 759 0005
    Email Contact