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Article: VitalSpring Technologies Empowers CFO's to Address Sarbanes-Oxley Requirements for Financial Reporting of Health Benefits.
- Article from:
- PR Newswire
- Article date:
- January 21, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MCLEAN, Va., Jan. 21 /PRNewswire/ -- VitalSpring Technologies, the innovator in health benefits performance software, announced today that its VitalSpring Health Benefits Performance Suite (HBPS(SM)) now addresses CFO concerns about financial management of health benefits related to increased accountability and compliance required by Sarbanes-Oxley. Most notably, this includes the June 15 deadline for Section 404, mandating that companies and auditors make public assertions as to the effectiveness of internal controls used in financial reporting.
HBPS allows large employers to establish a technology platform for understanding, managing, and controlling the cost ...