IQ Biometrix, Inc. is located in Fremont, CA and belongs to the Computer Software industry. The company needed to integrate sales data, accounting information and cash management (accounts receivables) and other management information. The solution was NetSuite which consisted of ACT!, QuickBooks, Excel and e-mail. The benefits were savings of $1,000 per week / $50,000 per year in employee productivity and $2 per order of handling costs. Furthermore IQ Biometrix clearly met the Sarbanes-Oxley internal control requirements with NetSuite.
Related white papers
Client Case Study - Optimation Technology
Optimation Technology is an engineering, automation and information systems firm on the rise. For Optimation, a key requirement for its ongoing success has been having real-time Web access to its...
Incentive Compensation: Does Yours Meet Sarb-Ox Standards?
Millions of dollars flowing to employees and business partners represent significant shareholder resources. Sarbanes-Oxley has caused many companies to look closely at their incentive compensation management systems, and whether they...
Sarbanes-Oxley: Developing IT Controls and Change Management
Compliance with Sarbanes-Oxley can be made easier with solid best practices in IT operations. Most guidance being given by the audit firms is entirely descriptive, and does nothing to describe...
Corporate Governance as a Catalyst for Streamlining and Automating Financial Processes
Sarbanes-Oxley offers a unique opportunity to corporate America by compelling public companies to improve their processes and increase their accountability. The foundation of financial reporting and corporate governance must be...
IT's Influence on Sarbanes-Oxley
The Sarbanes-Oxley Act is designed to protect the public from fraudulent and misleading accounting practices by regulating financial practices and reporting. Under the current SEC rules, companies can potentially comply...
Fulfilling Sarbanes-Oxley Requirements Gets Help From XBRL Solutions
The Sarbanes-Oxley Act, enacted in 2002, requires company executives, boards of directors, and independent auditors to take specific actions to achieve greater corporate accountability and transparency. The intent of the...
How to Simplify Sarbanes-Oxley Compliance Through Enterprise Change Management
The Sarbanes-Oxley Act is expected to have extensive consequences for many public companies and some private companies who anticipate going public, through the institution of stricter financial controls and reporting...

