Mattress Firm Selects BWise Governance, Risk and Compliance (GRC) Solution
New York, NY….July 23, 2007 – BWise, a leading provider of governance, risk and compliance (GRC) software solutions, today announced that Mattress Holding Corp. (“Mattress Firm”), a leading U.S. bedding retailer, has selected BWise for its GRC solution. Under the terms of the contract, Mattress Firm will utilize BWise to advance internal control, while facilitating financial reporting and process management.
BWise will support Mattress Firm across more than 370 company-owned and franchised Mattress Firm stores in 33 markets. BWise gives Mattress Firm the ability to establish an effective internal control framework and conduct thorough financial reporting, including executive level dashboards that provide accurate insight into key corporate data. Utilizing the open assessments capability, users will also be able to ensure that business units comply with established rules and conduct related surveys of the control environment to maximize operational efficiencies. Finally, effective process management will facilitate documentation, workflow, internal communication and real time monitoring to enable continuous process improvement.
“A well-respected and customer-centric organization like Mattress Firm has built a business based on a solid reputation as a front-runner in its industry,” according to Robert Pijselman, Chief Executive Officer of BWise. “With BWise, Mattress Firm can protect its investment through a comprehensive GRC framework that fully optimizes business processes for measurable ROI.”
“Mattress Firm chose BWise because their software will facilitate our process improvement initiative, giving us undisputed process driven value,” stated Catherine Maxwell, Director of Financial Analysis and Reporting at Mattress Firm. “We look forward to working with BWise to help take our company to its next phase of growth and further solidify our position as a market leader.”
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BWise is a global leader in compliance and enterprise risk management software, with a strong heritage in business process management. Established in 1994, BWise delivers proven solutions to help organizations become “in control” by increasing corporate accountability; strengthening financial, strategic and operational efficiencies; and maximizing performance and ROI. With more than 1,200 customers in more then 80 countries worldwide and 175,000 users in virtually all markets, BWise has developed a strong and sustainable presence in the compliance and risk management sectors. Utilizing templates and a best-practice implementation approach, BWise enables management to measure and manage risks and to comply with rules and legislation such as Sarbanes-Oxley, European Corporate Governance Codes, IFRS, Basel II, ISO-standards and more. BWise has offices in the Netherlands, United States and India. For more information, visit http://www.bwise.com.
About Mattress Firm
Mattress Firm operates more than 370 company-owned and franchised Mattress Firm stores in 33 markets across 20 states. Mattress Firm, an affiliate of J.W. Childs Associates, L.P. is America’s preferred specialty mattress company and the No.1 retailer of top-of-the-line Sealy Mattress products. Offering its customers a knowledgeable sales staff and competitive prices, Mattress Firm is rated a top ten leader in retail furniture and bedding sales by Furniture Today. More information is available at www.mattressfirm.com.