Thursday, June 8, 2006
LogicalApps Gets Win At BMO
Irvine-based LogicalApps has scored a win at BMO Financial Group, to provide automated enforcement for Sarbanes-Oxley compliance. LogicalApps said that BMO will use its software for theh compliance market to manage automation of compliance processes in Oracle's E-Business suite. BMO said that it was using the LogicalApps software because it dramatically cuts the time auditors spend reviewing paper-based reports, reducing routine audit lengths from two months to two days. LogicalApps software is used for real-time monitoring and enforcement of business controls.