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Home>Impinj Chooses Donnelley Financial Solutions to Simplify Financial Reporting and Streamline SOX Compliance

Impinj Chooses Donnelley Financial Solutions to Simplify Financial Reporting and Streamline SOX Compliance

Impinj Chooses Donnelley Financial Solutions to Simplify Financial Reporting and Streamline SOX Compliance

09/26/2017

Impinj Chooses Donnelley Financial Solutions to Simplify Financial Reporting and Streamline SOX Compliance

Leading Provider of RAIN RFID Technology and Item Intelligence Solutions Sees Efficiency and Productivity Gains with ActiveDisclosure and SOXHUB

Donnelley Financial Solutions (NYSE:DFIN) today announced that Impinj (NASDAQ: PI), a leading provider of RAIN RFID solutions that identify, locate and authenticate everyday items, has added the capabilities of SOXHUB to its ActiveDisclosure compliance reporting platform. Built specifically to address the Sarbanes-Oxley Act of 2002, SOXHUB has helped companies of all sizes simplify and manage their SOX process and internal controls.

“Both ActiveDisclosure and SOXHUB provide us with significant time savings and enhanced efficiency in our processes and reporting procedures,” said Ryan Schafer, Vice President of Accounting at Impinj. “These solutions have delivered great results for our reporting team, internal auditors and control owners.”

Donnelley Financial Solutions recently made a strategic investment in SOXHUB, a leading provider of enterprise SOX and audit management software, bringing an entirely new set of SOX compliance capabilities to ActiveDisclosure, its cloud-based financial disclosure management solution.

“The Donnelley and SOXHUB solution vastly reduces manual tasks and clutter within our existing programs, ensuring that our controls and procedures provide value to our team where it matters most,” added Schafer. “While researching a SOX solution, we found many tools were merely repurposed versions of existing software packages, and not specifically designed to address the challenges that auditors face when trying to comply with their SOX requirements. It was clear that SOXHUB was built by auditors, for auditors - and that’s exactly what we wanted.”

“Our strategic investment in SOXHUB allows us to bring an unrivaled experience to our clients,” said Craig Clay, President, Global Capital Markets at Donnelley Financial Solutions. “More and more, valued clients like Impinj are recognizing the many innovative benefits that our best-in-class SOX software offers. We firmly believe that SOXHUB’s game-changing SOX capabilities, combined with the proven intuitiveness and simplicity of our ActiveDisclosure cloud-based reporting software, will ultimately enable all of our clients to drive accuracy and efficiency through their compliance process like never before.”

Donnelley Financial Solutions’ ActiveDisclosure allows privately held and public companies of all sizes and industries to collaborate on documents and to comply with disclosure requirements mandated by the Securities and Exchange Commission and other regulatory agencies. ActiveDisclosure accelerates and simplifies the process of creating, managing, and disseminating critical business communications.

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