Baker Tilly Takes Advantage of Ideagen’s Leading Compliance Software Pentana Disclose
Leading global provider of governance, risk and compliance software, UK company Ideagen Plc, has announced that Baker Tilly International has become the latest customer of Pentana Disclose.
Baker Tilly International is a global network of member firms in more than 146 territories , with combined revenues of US$3.9bn. Its members offer a range of services covering advisory, audit and assurance, corporate finance, legal and tax to thousands of organisations operating in all the major sectors of the global economy.
Ideagen’s Pentana Disclose is used by eight of the top 10 global accountancy networks and offers a number of benefits, including keeping up to date with current standards and disclosure requirements, saving time and costs and increasing the efficiency of disclosure management and mitigating the risk of potential failures to disclose.
Dr Paul Winrow, Baker Tilly’s Director of Professional Standards, said: “Our members deal with vast amounts of regulation and data in providing audit and assurance services across a range of industries and geographies every day. The ability to automate and streamline the processes involved is hugely important as this not only enhances efficiency, but also improves the effectiveness of our firms’ procedures.
“Pentana Disclose is used by a number of key players in our industry, which gives us the confidence that we are dealing with a company that is used to the requirements of organisations like us and a product that will meet our needs in ensuring appropriate disclosures in the financial statements that we audit.”
Colin Smith, Head of Sales, Audit and Risk at Ideagen said: “We are really delighted to have reached an agreement for Pentana Disclose with Baker Tilly. Baker Tilly is a globally renowned network, whose members operate in highly regulated fields on behalf of clients across multiple industries and geographies. I am absolutely confident that using Pentana Disclose will make a real and substantial difference to their business.”
Ideagen is a UK-headquartered, global technology company quoted on the London Stock Exchange AIM market (Ticker: IDEA.L).
The Group provides software and services to organisations operating within highly regulated industries such as aviation, banking and finance, life science, healthcare and manufacturing with its main operational premises spread throughout the UK, EU, US, Middle East and SE Asia.
With an excellent portfolio of software products including Q-Pulse, Coruson, Pentana Audit, Pentana Risk and PleaseReview, Ideagen helps its clients reduce costs, improve operational efficiency, strengthen compliance and oversight and anticipate and manage every detail of risk.
Currently, more than 5,000 organisations use Ideagen's products including seven of the top 10 UK accounting firms, all of the top aerospace and defence companies and 75% of the world's leading pharmaceutical firms.
Ideagen's diverse and varied customer base includes many well-known, global brands such as British Airways, Aggreko, BAE, Ryanair, US Navy, KLM, BBVA, Bank of New York, Commerzbank, Meggitt, Heineken, Johnson Matthey, Haeco Group and European Central Bank. As well as this, Ideagen counts 180 hospitals across the UK and US amongst its client base.
Ideagen directly employs more than 530 members of staff and touches every continent globally.