Wednesday, December 13, 2006

LogicalApps Looks To Reduce Stock Options Risks

Irvine-based LogicalApps, a provider of compliance and governance software for enterprise applications, said Tuesday that it has rolled out new software targeted at reducing the risk of companies to the improper issuance and accounting of stock options. LogicalApps said that its new software will monitor corporate policies over stock option issuance, dating, and pricing in conjunction with other stock option software. The new software embeds accounting rules for option grants and exercise transactions across HR, payroll, and accounting systems.

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