close

Practice

Business

Tax

Technology

Regulation

Resources

Rankings

Advertise With US

    Information

    PwC sells governance software

    PwC sells governance software

    As pressure grows for the big firms to restrict the services offered to clients, PricewaterhouseCoopers in the US, has sold the rights to software that helps companies comply with US corporate governance laws.

    Author Date published April 14, 2004 Categories

    Link: In-depth: Sarbanes-Oxleyh

    PwC is selling Internal Controls Workbench compliance software to OpenPages, a consultancy, for an undisclosed sum. OpenPages will assume support services for 375 PwC clients, the Financial Times reported.

    Lynn Edelson, PwC partner in charge of the firm’s Sarbanes-Oxley taskforce, said: ‘The sale of ICW is consistent with PwC’s focus on our core assurance, tax and advisory business.’

    The sale, to be announced today, comes in the face of new regulations passed under the Sarbanes-Oxley Act aimed at preserving the integrity and independence of the audit by curtailing many consultancy services.

    Share

    Subscribe to get your daily business insights

    Get the latest analysis and reports delivered to your inbox daily

    Resources & Whitepapers

    Resources & Whitepapers

    The importance of UX in accounts payable: Often overlooked, always essential
    AP

    The importance of UX in accounts payable: Often overlooked, always essentia...

    2m Kloo

    The importance of UX in accounts payable: Often ov...

    Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

    View article
    The power of customisation in accounting systems
    Accounting Software

    The power of customisation in accounting systems

    2m Kloo

    The power of customisation in accounting systems

    Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

    View article
    Turn Accounts Payable into a value-engine
    Accounting Firms

    Turn Accounts Payable into a value-engine

    3y Accountancy Age

    Turn Accounts Payable into a value-engine

    In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

    View resource
    8 Key metrics to measure to optimise accounts payable efficiency
    AP

    8 Key metrics to measure to optimise accounts payable efficiency

    2m Kloo

    8 Key metrics to measure to optimise accounts paya...

    Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

    View article

    Related Articles

    The Transformative Impact of Cloud-Based Accounting on the Profession
    Accounting Software

    The Transformative Impact of Cloud-Based Accounting on the Profession

    1m Accountancy Age

    The Transformative Impact of Cloud-Based Accountin...

    The shift to cloud-based accounting marks a significant transformation, enhancing efficiency, collaboration, and data security, and setting new standa...

    View article
    Xero launches AI assistant as accounting tech industry jumps on hype
    Accounting Software

    Xero launches AI assistant as accounting tech industry jumps on hype

    2m Accountancy Age

    Xero launches AI assistant as accounting tech indu...

    On February 28, Xero became the latest accounting technology provider to launch a new AI assistant. ‘Just Ask Xero’ or JAX was announced a...

    View article
    The synergy of OCR and AI in streamlining accounts payable automation
    Accounting Software

    The synergy of OCR and AI in streamlining accounts payable automation

    2m Kloo

    The synergy of OCR and AI in streamlining accounts...

    The collaboration between OCR and AI in automating the AP workflow marks a significant stride towards operational excellence. Read More...

    View article
    Thomson Reuters buys Pagero in $800 million deal
    Accounting Software

    Thomson Reuters buys Pagero in $800 million deal

    2m Accountancy Age

    Thomson Reuters buys Pagero in $800 million deal

    Thomson Reuters has successfully acquired Pagero, a Swedish e-invoicing and tax solutions company, for approximately $800 million. The content and tec...

    View article
    The power of customisation in accounting systems
    Accounting Software

    The power of customisation in accounting systems

    2m Kloo

    The power of customisation in accounting systems

    Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

    View article
    How to choose the right accounting software as a small business
    Accounting Software

    How to choose the right accounting software as a small business

    3m Rachael Kennedy

    How to choose the right accounting software as a s...

    With so many accounting software options on the market today, from QuickBooks to FreshBooks to Xero, it can be overwhelming for small business owners ...

    View article
    What should accounting technology providers learn from the Post Office Horizon scandal?
    Accounting Software

    What should accounting technology providers learn from the Post Office Hori...

    4m Rachael Kennedy

    What should accounting technology providers learn ...

    The Horizon scandal has shed light on the crucial role of ethical practices in the accounting technology industry, and underscored the need for transp...

    View article
    Is outdated financial accounting software a growth stumbling block?
    Accounting Software

    Is outdated financial accounting software a growth stumbling block?

    9m Rob Griffin

    Is outdated financial accounting software a growth...

    Accountants in industry must upgrade wisely to help their businesses evolve, according to Nick Longden of AccountsIQ Read More...

    View article