Comprehensive Technology Market Research Completed By Cash Recovery Partners, LLC On Products Supporting Sarbanes-Oxley Compliance, Fraud Detection And Financial Statement Audits
For Immediate Release
LAKE HOPATCONG, N.J./EWORLDWIRE/July 25, 2005 --- Over 500 hours of vendor and user research was invested to identify, analyze and map over 100 technology vendors supporting Sarbanes-Oxley compliance, fraud detection and financial statement audits. Given the niche market for these technologies, there have been limited studies to date, especially to this extent. From this research, the three co-authors identified numerous best practices, industry trends and a clear definition of how the various technologies can be integrated for maximum organizational benefit. Aside from these holistic findings, more specific vendor selection criteria and detailed vendor analysis was completed for each of the over 100 vendors.
"Anyone looking to use technology in improving the efficiency of their Sarbanes-Oxley engagements or enhancing their audit-related activities can learn something from this research. I have learned more in the past year writing this research than in the last 13 years I have spent working in this technology space," noted Rich Lanza, president of Cash Recovery Partners, LLC and one of the co-authors.
Mort Goldman, CEO of 408 West and the second co-author, states, "The audit and control industry has left its mark on the CIO office more than ever before in the last two years. The extensive time spent to date needs to be automated in order for CIOs to attend to the business."
"In the past two years, we have seen more interest and associated product releases in audit, anti-fraud and assurance technology than in the past ten years combined. This will continue into 2006 and beyond as companies see the value of integrating audit technology into their business," noted Dean Brooks, president of Ekaros Analytical Inc. and third co-author of the 2005 Buyer's Guide to Audit, Anti-Fraud and Assurance Software.
For review copies or to purchase the research, contact Rich Lanza at 973-601-3701, via email at rich@auditsoftware.net, or online at www.auditsoftware.net.
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CONTACT:
Richard Lanza
Cash Recovery Partners LLC
PO Box 31
Lake Hopatcong, NJ 07849
PHONE. 973-601-3701
EMAIL: rich@auditsoftware.net
SOURCE: Cash Recovery Partners, LLC