ACL Product Development Teams Win Silver Stevie® Award in 2016 International Business Awards (SM)

GRC Technology Leader's Product and People Internationally Recognized for Outstanding Results and Innovation

VANCOUVER, British Columbia, Aug. 16, 2016 /CNW/ -- ACL, a software provider helping governments and the world's largest public and private companies stamp out fraud, operational waste and unethical business, is honored to announce its Product Development teams have been recognized with a prestigious Silver Stevie® Award in the Team of the Year category in the 13^th Annual International Business Awards.

The International Business Awards (IBA) are the world's premier business awards program. All individuals and organizations worldwide—public and private, for-profit and non-profit, large and small—are eligible to submit nominations. The 2016 IBAs received entries from more than 60 nations and territories. The awards were conceived as a way to "restore public confidence and investor trust" after the Enron scandal in 2001. A record of more than 3,800 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.

ACL won silver in the Product Development Department/Management Department or Team of the Year category. The company's software platform, ACL™ GRC, was described by judges as "the way towards governance," and "easy to use, easy to implement and measurable results make ACL a very valuable asset to any company in the market to improve their governance, risk management and compliance." As observed by the judges, ACL's product team serves a large segment of local and global companies with a creative and pioneering solution that is a "necessity."

"The product teams at ACL continue to raise the bar—from the ACL Inspirations library of data analytics and next generation Storyboard tools for communicating to stakeholders, to enabling a SaaS/subscription conversion of more than 90% of our customers," commented Keith Cerny, vice president of technology at ACL. "They demonstrate relentless commitment to innovation and customer intensity—with thanks to our customers, who inspire us to constantly improve."

Stevie Award winners were determined by the average scores of more than 200 executives worldwide who participated in the judging process from May through early August.

Other notable accomplishments of ACL's product team over the last year include:

• Achieving a customer satisfaction Net Promoter Score (NPS) of 44—more than four times the industry standard.
• Enabling just one customer savings of nearly $1.5M and an increase of 150% in the number of audits a company was able to perform, as reflected in a recent Forrester Total Economic Impact study.
• Winning three 2015 GRC 20/20 Technology Innovation awards recognizing product innovation and user experience in governance, risk management, and compliance (GRC) programs and processes.

"This year's IBA judges were treated to many remarkable and inspiring stories of achievement around the world," said Michael Gallagher, president and founder of the Stevie Awards. "We look forward to sharing many of these stories with people around the world over the coming months, through the Stevie Awards blog and social media channels, with the hope that they will inspire and instruct the next generation of business achievers."

Details about The International Business Awards and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA. For more details on why ACL's Product Development teams won a Silver Award, visit http://bit.ly/ACL-StevieIBA-Win.

Supporting Resources:

• For the latest news and best practices in audit, governance, risk management, compliance, and anti-fraud, visit: www.acl.com/blog
• Follow ACL on Twitter: @ACLServices
• Join ACL on LinkedIn: www.acl.com/LinkedIn
• Like ACL on Facebook: www.facebook.com/ACLServices

About ACL
ACL delivers software solutions that are transforming audit, compliance, and risk management to give organizations unprecedented control over their business. www.acl.com

About the Stevie Awards
Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 nominations each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.

© 2016 ACL Services Ltd. ACL and the ACL logo are registered trademarks of ACL Services Ltd. All other company and product names are trademarks of their respective owners.

SOURCE ACL

Brian Hyland, Stanton Public Relations & Marketing, P. 646-502-3563, E. [email protected], http://www.acl.com