OAKBROOK TERRACE, IL, September 04, 2009
/24-7PressRelease/ -- Arbour Group announces a Financial Verification Package (FVP) that assures proper controls are in place for effective corporate financial governance. This pre-packaged financial compliance solution is based on Arbour Group's extensive knowledge in regulatory compliance and software testing. The FVP solution consists of a planning template, control process definitions/specifications and test scripts. A FVP summary report is also included that summarizes the scope of testing and identifies necessary remedial actions. Alex Patterson, President of Arbour Group stated "our FVP product offering is aimed at satisfying the increasing demand from clients for a simplified and reliable method for monitoring key financial processes."
The FVP can be an effective method for mitigating risk, resolving segregation of duties conflicts and documenting process flows. The FVP can be used by either public or privately held companies for improving financial compliance, checking adherence to corporate policies or for periodic testing of critical financial functions.
Archie O'Leary, Vice President for Sales - Arbour Group commented, "accountability as to the veracity of financial records continues to be a concern for senior management and boards of directors. The content of our FVP, along with our structured approach to testing, provides a viable option that is both time and cost effective."
About Arbour Group
Arbour Group LLC is a leading provider of regulatory products and services for pharmaceutical, medical device and biotechnology companies worldwide.
Arbour Group's regulatory products include packaged validation protocols that help clients ensure that key enterprise software solutions are functional and in compliance with applicable regulations to minimize business risk. Regulatory services are based on a results-oriented software testing process that not only assures compliance and functionality, but also responds competitively to the needs of customers by ensuring product quality and reliability.
The Arbour Advantage is the combination of offerings that are designed to help regulated companies harmonize compliance efforts across diverse business software systems, geographically dispersed facilities and complex regulatory environments.
Arbour Group has been lowering the cost of compliance since 1990 for over 100 multinational companies with a global presence including United States offices in California, Illinois, and New Jersey, along with facilities in Dublin, Ireland and Dubai, U.A.E.
For more information, contact Arbour Group at
www.arbourgroup.com.
One Parkview Plaza
Suite 660
Oakbrook Terrace, IL 60181
Phone 312.207.5800
Fax 312.207.5805
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