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Firms unveil accounting compliance software

Software suppliers FileNet and IBS America have developed web-based systems to help users automate content tracking and management to meet with accounting regulations.

FileNet's compliance framework is designed to help corporate managers audit and track documents.

The browser-based system uses technology from FileNet's existing enterprise content management product line and includes modules that support collaboration and the management of records, forms and other types of content.

Compliance framework also includes an event-driven architecture which can identify and initiate responses to material events, such as a sudden change in projected quarterly sales, according to FileNet officials.

The introduction of these compliance frameworks is partly a reflection of how corporate executives are broadening their views of regulatory compliance, said AMR Research analyst John Hagerty, but added that most potential users have yet to completely buy into the compliance framework approach.

Chris McLaughlin, director of financial services marketing at FileNet, said his company is trying to provide "a good, flexible foundation to allow customers to build in new compliance requirements" to meet other forthcoming regulations.

IBS America also announced QSI Websystem for compliance management, which is designed to automate the process of identifying who created a document, tracking where it has been routed and capturing other information.

The document-control system offers role-based user screens and expands beyond an existing Notes-based system that can be used to monitor compliance with quality-assurance standards such as ISO 9000.

QSI Websystem is due late next month.

Thomas Hoffman writes for Computerworld


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