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North Hill Portfolio News

7.20.2009
Bayer AG Selects OpenPages FCM

Waltham, Mass. - OpenPages (R), the leading provider of integrated risk management solutions for global enterprises, today announced that Bayer AG has selected OpenPages FCM to manage their global internal control system over financial reporting.

The OpenPages Platform consists of solutions for Financial Controls Management, Operational Risk, IT Risk and Compliance, General Compliance, Internal Audit, and Environmental Health and Safety programs. The Platform serves as the foundation for a company's enterprise risk management efforts by unifying enterprise-wide risk and compliance initiatives into a single management system, which provides user with a modular and integrated approach to all governance, risk and compliance (GRC) needs across the organization.

About Bayer AG - Bayer: Science For A Better Life
Bayer is a global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. The company's products and services are designed to benefit people and improve their quality of life. At the same time Bayer creates value through innovation, growth and high earning power. The Group is committed to the principles of sustainable development and to its role as a socially and ethically responsible corporate citizen. Economy, ecology and social responsibility are corporate policy objectives of equal rank. In fiscal 2008, Bayer employed 108,600 people and had sales of 32.9 billion euros. Capital expenditures amounted to 2.0 billion euros, R&D expenses to 2.7 billion euros. For more information, go to www.bayer.com.


About OpenPages
OpenPages is the leading provider of integrated risk management solutions for global companies. OpenPages' solutions empower a risk-based approach to identify and manage key business risks across the enterprise. This approach enables companies to focus on what's important and to avoid unexpected outcomes while improving performance. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with an international office in the United Kingdom, and regional offices throughout North America.

For more information on OpenPages' suite of risk and compliance solutions, please click here or call us at 781.693.5999.

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