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Grant Thornton LLP Manages Risk and Enhances Firm Productivity With Interwoven

Posted on: Monday, 10 December 2007, 09:00 CST

SAN JOSE, Calif., Dec. 10 /PRNewswire-FirstCall/ -- For Grant Thornton LLP, quality service and risk management is a top priority. Like its peers, handling of client content is a key concern for the firm -- given the requirements that confront global accounting, tax, and business advisory organizations. In addition, well organized and readily accessible client records and files can reduce the cost of discovery in the event of litigation. Meanwhile, to maintain its competitive edge Grant Thornton aims to provide its professionals with the tools required to enable the best possible service in a cost-effective manner.

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To address these challenges, Grant Thornton LLP has chosen Interwoven WorkSite to support a content management strategy to manage risk, increase productivity, and facilitate information sharing among its professionals, clients, and partners.

Following a highly successful 150-user pilot project, WorkSite is being implemented firm-wide to provide Grant Thornton LLP's professionals with simple-to-use document management and collaboration capabilities. The system will help the firm comply with regulations regarding the management, archiving, retention, and disposal of client content, as well as reduce the costs associated with discovery, which can be especially high in the case of electronic content. "Interwoven WorkSite gives our firm an immediate solution for managing the risk associated with highly regulated content," said Shawn Ivey, director of applications development and management at Grant Thornton LLP. "In the long term, the system's completeness and flexibility will provide a solid foundation for content management initiatives to enhance the productivity of our professionals and provide the best possible service to our clients."

Grant Thornton LLP's selection of the Interwoven solution was based in part on WorkSite's ability to address the specific needs of professional services organizations. Ivey added, "We wanted a vendor who understood the unique work practices and content of a firm like ours. WorkSite obviously grew up within a professional services context, and its tailored functionality is more intuitive and compelling for our professionals than the other solutions on the market." Ivey also cited the solution's advantages from a change management perspective, with features like Microsoft Outlook integration that will enable seamless adoption without disrupting existing work practices.

"Interwoven's momentum continues in the accounting industry, and our commitment remains as deep today as ever," said Chris Junker, vice president and general manager, professional services industry solutions at Interwoven. "Grant Thornton LLP's selection of Interwoven WorkSite will give it industry-leading capabilities for risk management, enable its professionals to deliver superior service to its clients, and position the firm to benefit from a broad range of content management initiatives moving forward."

Beyond its initial risk-related projects, elements of Grant Thornton LLP's content management strategy include enhancing information sharing among its professionals, partners, and clients; enabling more efficient collaboration across locations and organizations; and integrating physical records into the same centralized management environment as electronic content. Said Ivey, "There is tremendous business value associated with the content management initiatives now being planned, and we look forward to working with Interwoven to realize their full potential."

About Grant Thornton

Grant Thornton LLP is the U.S. member firm of Grant Thornton International, one of the six global accounting, tax and business advisory organizations. Through member firms in more than 110 countries, including 50 offices in the United States, the partners and employees of Grant Thornton member firms provide personalized attention and the highest quality service to public and private clients around the globe. Visit Grant Thornton LLP at http://www.grantthornton.com/.

About Interwoven WorkSite

Interwoven WorkSite is an award-winning content management solution that enables organizations to better manage the lifecycle of their client files and the document-intensive processes that are critical to their daily operations. Worldwide, law firms, accounting firms, global enterprises, and government agencies, depend on Interwoven WorkSite to mitigate risk, streamline execution and improve efficiencies.

About Interwoven

Interwoven is a global leader in content management solutions. Interwoven's software and services enable organizations to effectively leverage content to drive business growth by improving the customer experience, increasing collaboration, and streamlining business processes in dynamic environments. Our unique approach combines user-friendly simplicity with robust IT performance and scalability to unlock the value of content. Today, more than 4,000 enterprise and professional services organizations worldwide have chosen Interwoven, including: adidas, Airbus, Avaya, Cisco, DLA Piper, the Federal Reserve Bank, FedEx, HSBC, LexisNexis, Microsoft, Samsung, Shell, Samsonite, White & Case, and Yamaha. Over 20,000 developers and over 300 partners enrich and extend Interwoven's offerings. To learn more about Interwoven, please visit http://www.interwoven.com/.

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Interwoven

CONTACT: Danielle Hamel of Interwoven, +1-408-953-7251,dhamel@interwoven.com

Web site: http://www.interwoven.com/

Source: PRNewswire-FirstCall

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