SSA Global Helping Customers Meet the Demand
SSA Global Helping Customers Meet the Demand for Financial and Regulatory Compliance
Auckland, New Zealand, 26 September, 2005 –- SSA Global™ (NASDAQ: SSAG), a leading global provider of extended enterprise solutions and services, has unveiled its solution framework that enables customers to comply with financial and regulatory mandates in a way that is cost effective and non-disruptive to their businesses.
SSA Global’s compliance framework positions customers to efficiently meet the demands of a wide range of government and industry mandates, including the financial reporting, controls and disclosure requirements of the NZ Securities Commission Corporate Governance guidelines, the Sarbanes-Oxley act; the Australian Federal Government Corporate Law and Reform Program (CLERP 9), and other regulatory mandates.
“Compliance is an unavoidable business driver and, as a public company, we are aware of the impact of government demands on our customers,” said Cory A. Eaves, chief technology officer, SSA Global. “We have developed a strategic approach that helps our customers leverage SSA Global solutions to meet their immediate and long-term compliance requirements without disrupting business or spending more time and money than necessary.”
SSA Global’s compliance framework includes:
SSA Business Process Management (SSA BPM). SSA Workflow helps companies establish preventative controls to ensure that pre-defined business processes and business rules are strictly followed. In addition, SSA Event Management helps companies establish detective controls that identify processes and data that are not compliant.
SSA Corporate Performance Management. (SSA CPM). SSA Financial Reporting, SSA Enterprise Scorecarding, and SSA Analytics enable visibility into business performance and change.
SSA CPM is powered by Cognos, which is supporting SSA Global’s compliance initiatives. “We’re excited about SSA Global’s focus on compliance,” said Eric Yau, vice president, performance analytics, Cognos. “The combined strength of SSA Global and Cognos offers the critical data warehouse, analytics and dashboard components of a compliance framework. This enables SSA Global customers to drive performance and support their compliance initiatives.”
SSA Enterprise Resource Planning (SSA ERP). SSA ERP is tightly integrated with SSA BPM, SSA CPM, SSA Financial Management and SSA Human Capital Management to provide a broad range of compliance capabilities. In particular, SSA ERP is helping companies comply with the 21 CFR 211 that applies to pharmaceutical manufacturing and the International Financial Reporting Standards (IFRS), the financial-reporting mandates for companies doing business in the European Union.
In addition, SSA Global has integrated tax capabilities into SSA ERP, so customers can more easily and accurately process sales and consumer-use taxes for U.S. and Canadian requirements.
About SSA Global
SSA Global™ is a leading provider of extended ERP solutions for manufacturing, distribution, retail, services and public organisations worldwide. In addition to core ERP applications, SSA Global offers a full range of integrated extension solutions including corporate performance management, customer relationship management, product lifecycle management, supply chain management and supplier relationship management. Headquartered worldwide in Chicago, and for the Pacific region in Sydney, SSA Global has 63 locations worldwide and its product offerings are used by approximately 13,000 active customers in over 90 countries. For additional information, visit the SSA Global web site at www.ssaglobal.co.nz.
SSA Global™ is the corporate brand for product lines and subsidiaries of SSA Global Technologies, Inc. SSA Global, SSA Global Technologies and SSA GT are trademarks of SSA Global Technologies, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.
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