SOURCE: Paisley Consulting

January 23, 2007 11:39 ET

Paisley Consulting Launches Next-Generation Governance, Risk and Compliance Software Solution

Paisley Enterprise GRC™ Provides Complete Governance, Risk and Compliance Platform

COKATO, MN -- (MARKET WIRE) -- January 23, 2007 -- Paisley Consulting, the leading provider of governance, risk and compliance (GRC) software solutions, today announced Paisley Enterprise GRC™, a comprehensive governance, risk and compliance solution for enterprise customers. Paisley Enterprise GRC combines the best-in-class features of the company's compliance, risk management and internal audit technology, with its deep knowledge of industry best practices, to provide a complete solution for governance, risk and compliance.

Designed specifically to simplify the complex requirements of today's GRC environment, Paisley Enterprise GRC helps organizations break down the barriers between audit, risk and compliance groups, providing expanded value as organizations deploy the software across the enterprise.

Paisley Enterprise GRC has six components built on a single central data repository -- financial controls management, operational risk management (ORM), enterprise risk management (ERM), internal audit, IT governance and compliance. The components, designed to meet the unique needs of each GRC user group, share common functionality for risk assessment, reporting and issue tracking, while providing the ability to perform independent assessments.

"Paisley Consulting has a long history of delivering software solutions that enable businesses to unify their GRC initiatives," said Tim Welu, CEO of Paisley Consulting. "Paisley Enterprise GRC defines the next generation of GRC applications by providing a single solution to address the multiple disciplines of GRC."

Paisley Enterprise GRC creates efficiency by eliminating redundant data entry and maintenance, and allows assessments from multiple GRC groups to be summarized in a dynamic graphical dashboard. As a complete and comprehensive governance, risk and compliance solution, Paisley Enterprise GRC enables organizations to:

--  Reduce the cost of sustaining compliance with financial controls
    regulations such as Sarbanes-Oxley
--  Implement a top-down, risk-based approach for financial controls
    management and compliance
--  Streamline internal audit processes for financial, IT, operational and
    compliance audits
--  Support both enterprise risk management and operational risk
    management initiatives

Paisley Enterprise GRC will be available for either on-site installation or as a hosted application deployment model in the first quarter of 2007.

About Paisley Consulting

Paisley Consulting is an industry-leading software vendor that provides solutions for governance, risk and compliance (GRC) including financial controls management, internal audit, operational risk management, compliance, IT governance and enterprise risk management. For more than a decade, Paisley Consulting 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 Consulting 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 Consulting'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 or visit

Contact Information

  • Press Contacts:
    Stacey Billy
    Paisley Consulting
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