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Goose tech picks Persistent as live customer

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CIOL Bureau
New Update

HYDERABAD, INDIA: Goose Technologies, a provider in software products and business solutions, recently announced Persistent Systems, a provider of outsourced software product development services, as a live user of Goose’s flagship product Procon.

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The company also announced availability of Clause 49 compliance solution, new solution developed by Goose Technologies designed for the Industry to manage and achieve the regulatory and corporate governance requirements.

The new compliance application would be part of Goose’s existing compliance solution offerings, said a press release.

It would assist corporates to swiftly implement the latest and most up to date directives of Clause 49 as well as implementing an enterprise-wide Risk Management framework, it added

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Clause 49 is linked to corporate governance standards, board composition, management disclosures of material risks and certification of internal controls.

The clause 49 solution is an entirely web-based, integrated solution, which operates with any client environment and is able to provide a 360 degree view of organization’s regulatory and legal compliance.

“Organizations that are relying on non-it based processes to comply with Clause 49 requirements are realizing that such an approach is excessively resource intensive and increases the cost of compliance management.” said Debasish Pattnaik, founder and CEO of Goose Technologies

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“Our solution is designed to fit multi IT framework and it is designed to better manage corporate governance with higher cost efficiency also maintaining an audit trail at all the time.” he added

The Procon helps organizations define, monitor and manage its processes and internal controls in areas of performance, compliance and risk in addition to providing reports and documentation facilities, and tools for auditing, said the release.

"Procon has provided us a true real time visibility into our project execution & business processes. We are in process of rolling out Procon for the operations of entire Persistent globally and look forward to using Procon's unique exception and alert management features to help us manage our performance and risks on an ongoing basis." said Prashant Raje, chief planning officer, Persistent Systems

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With the market regulators asking for transparent and better corporate compliance, Clause 49 compliance has become the top priority for most corporates, said the release.

The governance function makes managements accountable for having in place efficient and actionable compliance and risk management frameworks.

Procon offers solution in areas of performance, compliance and risk are critical for most business’s future successes, added the release.

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