Aeroflex Colorado Springs Improves Sarbanes-Oxley Compliance
Scientific Software, Inc., a world leader in the development, sale and support of enterprise content management (ECM) solutions announced today that Aeroflex Colorado Springs, a global provider of high technology solutions to the aerospace, defense and broadband communications markets, has chosen the Scientific Software Enterprise Content Manager (ECM) platform to improve compliance with Sarbanes-Oxley Section 404 mandates. Aeroflex Colorado Springs uses Microsoft Excel spreadsheets to support general ledger (GL) entries. The Scientific Software ECM solution will provide a secure, web-based repository and special change controls to ensure that data contained in financial spreadsheets is fully audited, accurate, and maintained with the highest integrity to support Aeroflex Colorado Spring’s GL.
“Scientific Software has a strong solution for tracking and reporting changes and improving workflows for financial spreadsheets involving complex formulas, macros and links to external databases,” said Richard Bruder, CFO at Aeroflex Colorado Springs. “We felt that Scientific Software was a smart choice because of their clear vision and understanding of corporate governance, risk management and compliance and their commitment to product quality and customer satisfaction.”
The Scientific Software ECM solution for spreadsheet remediation incorporates a native desktop integration with Microsoft Excel and Office, allowing Aeroflex’s accounting, engineering, and manufacturing users to continue working with spreadsheets in a familiar environment while providing:
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Comprehensive file, system and cell-by-cell audit trails
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Electronic signature support
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Spreadsheet versioning
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Powerful differencing and reporting tools for comparing changes between spreadsheets
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Access control based on users, groups, roles and privileges
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Spreadsheet security and data integrity
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Archival and backup support
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Support for links to external data sources and other spreadsheets
“Aeroflex Colorado Spring’s goal of improving Sarbanes-Oxley compliance for financial spreadsheets makes them a perfect fit for the Scientific Software ECM solution,” said Dr. Soheil Saadat, president and CEO of Scientific Software, Inc. “We are proud to help such a forward thinking company improve their internal business processes and boost shareholder confidence with a sustainable technology infrastructure to make compliance an inherent part of their business.”
About Aeroflex
Aeroflex Incorporated is a global provider of high technology solutions to the aerospace, defense and broadband communications markets. The Company’s diverse technologies allow it to design, develop, manufacture and market a broad range of test, measurement and microelectronic products. The Company’s common stock trades on the Nasdaq National Market System under the symbol ARXX and is included in the S&P SmallCap 600 index. Additional information concerning Aeroflex Incorporated can be found on the Company’s website: www.aeroflex.com .
About Scientific Software, Inc.
Scientific Software, Inc. is a world leader in the development, sale and support of enterprise content management (ECM), business process management (BPM), and compliance solutions to help organizations better manage the complete lifecycle of business information. With installations at leading pharmaceutical, biotech, chemical, petrochemical, food and beverage, environmental and government organizations, Scientific Software Enterprise Content Manager (ECM) provides a secure, central repository and rich content services to help organizations capture, manage, collaborate, archive and re-use business critical information. Business Process Manager (BPM) helps organizations accelerate processes across all industry applications, including SOP management, regulatory compliance (Sarbanes-Oxley, Basel II, HIPAA, 21 CFR Part 11, OSHA), Six Sigma process improvements, new product introductions, scientific data archiving, engineering change notices, purchase requests, insurance claims processing, and forms processing. Scientific Software, Inc., is based in Pleasanton, California. Further information about Scientific Software, Inc. and its products is available at www.scisw.com or at 1-800-588-8878.
