Waltham, Mass. – January 19, 2010 – OpenPages®, the leading provider of integrated risk management solutions for global companies, today announced that Yamato Holdings, a Japan-based company engaged in logistics, delivery, home convenience, financial, e-business and other businesses, has selected OpenPages Financial Controls Management (FCM) software to manage its global internal control needs.
OpenPages FCM is the market-leading software solution for compliance with the Sarbanes-Oxley Act and similar worldwide financial reporting regulations. The solution automates an organization’s entire compliance lifecycle – from design and documentation, through test, review, approval and certification. Combining full document management, powerful workflow and interactive reporting capabilities, OpenPages FCM makes governance, risk and compliance (GRC) procedures more efficient while providing executive management with assurance that the organization is meeting its compliance requirements.
Yamato Holdings selected OpenPages FCM for the management of financial controls and reporting requirements. As a business that operates on a global scale, Yamato must comply with increasingly complex financial reporting requirements. They were in need of a solution that allowed them to streamline compliance processes throughout the organization. Mr. Ohta Hiroki of Yamato comments, "Yamato HD selected OpenPages FCM because it delivers integrated financial controls reporting and risk management." OpenPages strategic partner BancTec Japan will be providing implementation support and services for this project.
In November 2005, Yamato Transport was renamed YAMATO HOLDINGS CO., LTD., to express its new role as a pure holding company. Yamato Group has taken a new step forward in pursuit of further growth. In line with the rapidly evolving economy and society, customer needs are also changing everyday. Yamato Group has integrated its business resources--both tangible and intangible--such as our business infrastructure and expertise cultivated in the fields of its Delivery, BIZ-Logistics, Home Convenience, e-Business, Financial, and other businesses. Through this measure, we will create synergies within the Group that are unprecedented.
OpenPages is the leading provider of integrated risk management solutions for global companies. The OpenPages Governance, Risk and Compliance (GRC) Platform empowers a risk-based approach to identify and manage key business risks across the enterprise. This approach enables companies to focus on what’s important and to avoid unexpected outcomes while improving performance. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with international offices in the United Kingdom, distribution partners in Japan and South Africa and regional offices throughout North America.
For more information on OpenPages' governance, risk and compliance solutions, please click here or call us at 781.693.5999.