Erickson launches Risk Management Program with CODA-Control software
23rd April 2007 CODA has announced a contract with Erickson Retirement Communities for its CODA-Control software suite, designed to support enterprise financial and regulatory compliance initiatives.
As part of Erickson Retirement Communities' Enterprise Compliance Initiative, the company purchased the CODA-Control compliance suite at the end of 2006. The first applications by Erickson of CODA's products are targeted to go live in mid-April 2007
Erickson, which is a national builder and manager of retirement communities, will use CODA-Control Architect to voluntarily comply with Sarbanes-Oxley requirements and CODA-Control Manager to automate the workflow of Medicare and other health services compliance audits. CODA-Control Assessor will be used by Erickson to manage project workflow and testing activities related to Sarbanes-Oxley, the internal audit function, HIPAA Compliance and potentially other business processes.
MaryBeth Perry, Director of Internal Audit at Erickson Retirement Communities, said: “The simplicity, functionality and affordability of the CODA-Control compliance suite made it Erickson's first choice for our compliance auditing and monitoring tool”