Dollar Thrifty Automotive Group Selects The Paisley Solution for Governance, Risk and Compliance
Cokato, Minn. – Oct. 26 2006 – Paisley Consulting, a leading provider of governance, risk and compliance (GRC) and audit software solutions, today announced that Dollar Thrifty Automotive Group (NYSE:DTG) has chosen The Paisley Solution to streamline the Sarbanes-Oxley compliance and internal audit process, and enhance its long-term risk management strategy. The solution provides modules for capturing Sarbanes-Oxley compliance, internal audit and operational risk management data, as well as monitoring and documenting general compliance activities.
Dollar Thrifty Automotive Group cited superior reporting capability, outstanding audit integration and guaranteed 45-day implementation as key factors in its decision to implement The Paisley Solution. They will use two modules of The Paisley Solution to manage SOX compliance and audit automation. The company plans to use a hosted version of the software.
“We chose the Paisley Solution because it provides shared visibility with multiple teams involved in the corporate governance process,” said Alan Nixon, Staff Vice-President and General Auditor, Dollar Thrifty Automotive Group, Inc. “We expect the product’s integrated approach to improve efficiency, productivity and collaboration for our internal control compliance and internal audit teams.”
The Paisley Solution is the industry’s only integrated platform for Sarbanes-Oxley compliance, operational risk management, internal audit and general compliance. By facilitating standardized, automated and collaborative processes between risk management, compliance, internal audit and business units, it eliminates the information silos that impede organizations’ ability to truly evaluate the risks impacting their business. The Paisley Solution empowers executive management with the ability to better reconcile these risks and ensures risk evaluations are completed quickly, consistently and accurately.
The Paisley Solution leverages best practices learned from hundreds of successful implementations, a single technology platform and a unified database of information. The result is greater efficiency, improved collaboration, and reduced time and resource costs associated with risk management and compliance processes.
“We are delighted that Dollar Thrifty Automotive Group selected The Paisley Solution to address their immediate compliance and governance needs and we look forward to further expanding our relationship in the near future,” said Tim Welu, CEO of Paisley Consulting. “As Paisley Consulting continues to expand our customer base across various market sectors, we remain committed to delivering best-of-breed solutions that enable large enterprises and SMEs to comply with compliance mandates efficiently and cost effectively.”
About DTG
Dollar Thrifty Automotive Group, Inc. is a Fortune 1000 Company headquartered in Tulsa, Oklahoma. Driven by the mission “Value Every Time,” the Company's brands, Dollar Rent A Car and Thrifty Car Rental, serve value-conscious travelers in approximately 70 countries. Dollar and Thrifty have approximately 800 corporate and franchised locations in the United States and Canada, and they have operations at most major airports. The Company's more than 8,500 employees are located mainly in North America, but global service capabilities exist through an expanding international franchise network. For additional information, visit www.dtag.com.
About Paisley Consulting
Paisley Consulting, the industry-leading software vendor used by more than 1,250 organizations, including 35 percent of the Fortune 100 companies, provides software for governance, risk management and compliance (GRC) including financial control process management and audit automation solutions. Since 1995, Paisley has delivered comprehensive and tightly integrated solutions to better identify and reconcile the risks impacting organizations, allowing users to ensure that evaluations of risks are completed quickly, consistently and accurately.
Leveraging industry best practices, a common technology platform and a unified database to facilitate standardized, automated and collaborative processes across the enterprise, Paisley Consulting customers are empowered to improve the accuracy, consistency and efficiency associated with Sarbanes-Oxley compliance, internal audit, general compliance and operational risk management initiatives. Developed for companies of every size and across multiple industries, Paisley Consulting’s solutions can be implemented as an integrated whole for maximum value or may be deployed as individual point solutions. Either way, our best-of-value solutions can help you reduce costs and target opportunities for continuous improvement. For more information visit www.paisleyconsulting.com.
Contacts
Stacey Billy
Paisley Consulting
763-450-4821
stacey.billy@paisleyconsulting.com