Sarbanes Oxley Act
The Sarbanes Oxley Act (SO) signed into law by President Bush on July 30, 2002, will impact broad areas of corporate governance, auditing and disclosure. All publicly traded companies in the US have to comply with this new financial, internal control, act before the end of 2003.

• 10,000 US companies and 2,000 foreign need to comply with the act.
• 30,000 non publicly traded companies will want to comply at a later stage.

BWise Solution - Internal Control Sarbanes Oxley (ICSO)
BWise, short-listed by Ernst & Young (E&Y), developed the ICSO software to quickly solve issues to implement the SO Act. The software ensures proven technology and a methodology that is based on the Internal Control methodology of E&Y.

• In as little as 3-4 weeks, a company can be SO compliant with the ICSO solution.
• ICSO technology is EDP audited for the highest quality.
• ICSO is web based and offers the highest security standards.
• With an initial implementation, Internal Control review and sign-off, an organisation is setup for continuous use.

Cambridge's Alliance with BWise
Scandent Group supports and distributes BWise solutions including ICSO.

About BWise
A European market leader in Internal Control software, BWise develops solutions to help global organizations increase reliability, timeliness and clarity of strategic financial information of the underlying business processes and operational risk management. Well over a thousand companies already use BWise software, such as ING, Philips, DSM, Dexia Bank, Mercedes, Fortis, KLM, Rabobank and Sony.

BWise differentiator
ICSO can be integrated within the BWise Corporate Control suite. The suite offers a bird's-eye view of all aspects of cost control and liabilities in a complex enterprise. It makes cost-savings, liability management and fraud prevention directly achievable goals in operating companies. BWise offers continuity and business benefits out of the compulsory compliance with the SO Act.

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