Artemis Upgrades Portfolio Management Software

New software designed to help corporations meet Sarbanes-Oxley requirements.

Enterprise portfolio, project and resource management software maker Artemis International Solutions Corp. announced yesterday the next iteration of its portfolio management software.

Artemis 7 is designed to help corporations deal with corporate governance requirements, as the softwares framework provides immediate visibility into corporate assets, capital investments and related transactions, officials said.

At the same time Artemis 7 provides IT users with a system for designing internal controls and procedures for dealing with government regulations.

The software provides visibility into acquisitions, development and disposition of corporate assets, to deal with, for example, the requirements of The Sarbanes-Oxley Act of 2002.

A Governance Dashboard, along with automated alerts in Artemis 7, enables executives to prioritize and monitor corporate assets over their complete lifecycle.

Additional features to Artemis 7 include the ability to link to ERP [enterprise resource planning] and CRM [customer relationship management] systems so that management processes—and decisions—can be in tune with day-to-day business events.

Configurable reports and portfolio management analytics enable a companys executives to supervise and control corporate assets and investments and to measure existing investments and prioritize new ones.

Resource management capabilities help users to plan and optimize resource and capital allocations.

At the same time, performance monitoring of actual usage against budget, plan and forecast allows for warnings of material events that may impact financial reporting.

Artemis, of New Port Beach, Calif., is also readying a series of industry specific governance solutions.

Version 7 is available now.