Lumigent Shows How "Proving Nothing" Can Cut Compliance Costs
Webinar Covers Advantages of Automated, Continuous Monitoring of Key Business Controls and Policies

ACTON, MA, June 04, 2010 /24-7PressRelease/ -- For audit and compliance reporting purposes, few things are more valuable to the finance department than utilizing a camera in the vault to provide key business controls and policies. Continuous, source-level monitoring can provide persuasive evidence that something did not happen — that no change was made to source data during a monitoring period — preventing costly, manual testing and revision of unchanged data and controls that inflate compliance costs.

In an upcoming webinar hosted by Lumigent Technologies, Inc., the GRC business apps company, attendees will learn how only continuous monitoring through an automated Camera in the Vault system can prove what happened — and what didn't happen — in an unimpeachable manner. In turn, companies can significantly reduce their cost of auditing and compliance reporting, mitigate their business risk, and ensure the integrity of critical business information.

What: "'Proving Nothing'...Cuts Compliance Costs" webinar

Who: John H. Capobianco, president and CEO, Lumigent

When: Tuesday, June 8, 2010, at 3:00 p.m. Eastern time (12:00 p.m. Pacific time)

How: Register for this free, 30-minute event at http://bit.ly/bqrc2F.

For more information on AppGRC , see http://bit.ly/AppGRC, or for general information on Lumigent, visit www.lumigent.com and the Lumigent blog at http://www.lumigent.com/blog/. Follow Lumigent on Twitter at @Lumigent or Facebook at http://www.facebook.com/Lumigent.

Resources

AppGRC : http://bit.ly/AppGRC
Lumigent website: http://www.lumigent.com
Lumigent blog: http://www.lumigent.com/blog/
Lumigent on Twitter: http://www.twitter.com/Lumigent
Lumigent on Facebook: http://www.facebook.com/Lumigent
Lumigent press releases: http://www.lumigent.com/news_events/press_releases.html
Lumigent executive commentaries: http://www.lumigent.com/news_events/executive_commentaries.html
Lumigent artwork: http://www.lumigent.com/news_events/artwork.html

About Lumigent

Lumigent mitigates business risk by increasing error and fraud detection and improving audit efficiency, while simultaneously reducing the cost of auditing by limiting the need for extensive sampling. Lumigent's AppGRC is an off-the-shelf business application that continuously monitors over 1,000 predefined key application controls, ensuring the integrity of critical business information. Lumigent has over 500 customers, including over half of the Fortune 100. Lumigent has been in business for over 10 years and is headquartered in Acton, MA. For more information, please visit www.lumigent.com.

Press Release Contact Information:

Lumigent Team
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