Sarbanes-Oxley Compliance Requirements Addressed by TGI`s Enterprise 21 ERP Software

Released on = March 1, 2006, 3:07 pm

Press Release Author = Rebecca Gill

Industry = Software

Press Release Summary = TGI's Enterprise 21 ERP Addresses SoftwareSarbanes-Oxley
Compliance Requirements

Press Release Body = Recently released estimates that Sarbanes-Oxley spending next
year will once again top $6 billion. Of that amount, thirty-two percent of $1.9
billion will be spent on technology. Traditionally companies have focused on the
human side of adhering to the SOA, although this focus has very proved costly to
maintain. Companies are discovering more and more that the benefit of deploying
technology to manage the requirements SOA brings long-term, proven results.
According to Rebecca Gill, Vice-President of TGI Ltd., "Enterprise 21 is a fully
integrated ERP software package developed in a closed system approach that has built
in controls necessary to obtain SOA compliance."
Sarbanes-Oxley Compliance Requirements are focused on the proper management and
disclosure of corporate financial data. It states that anyone who knowingly and
intentionally alters, destroys, mutilates, conceals, covers up, falsifies or makes a
false entry in any record or document shall be prosecuted and fined under the law.
Pertinent sections SOX include:
. Section 302 - Corporate Responsibility for Financial Statements
. Section 404 - Management Assessment of Internal Controls
. Section 409 - Real-time Issuer Discloser
Enterprise 21 Supports SOX Compliance in the following ways:
. Secure system log on and tracking
. Transactions are recorded and accounted for properly
. Online support of corporate policies and procedures
. Segregation of duties via multi-level system security
. Online approvals and authorization for key transactions
. Online reporting of financial data
. Timely information capture and accessibility
. Strict adherence to GAAP
. Proper period ending
. Workflow management and exception reporting

About Technology Group International, Ltd.
Founded in 1990 and headquartered in Toledo, Ohio, Technology Group International is
a proven technology leader delivering Tier 1 application software functionality at a
price performance level that can be readily accepted by organizations of all sizes.
Specializing in software solutions for small and mid-market manufacturing and
distribution companies, TGI's integrated Enterprise Series software suite is a
complete business process management solution. The product offering includes
Enterprise Resources Planning (ERP), Manufacturing Resource Planning (MRP), Supply
Chain Management (SCM), Warehouse Management System (WMS), Advanced Planning and
Scheduling (APS), Decision Support System (DSS), Business Intelligence (BI),
Manufacturing Execution System (MES), and eCommerce. TGI implements, maintains,
enhances, and supports its packaged distribution and manufacturing software
solutions directly and via its channel partners.


Web Site = http://www.tgiltd.com

Contact Details = Technology Group International
www.tgiltd.com
Rebecca Gill
800-937-0028

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