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CONCORD, MA -- (Marketwired) -- 04/08/14 -- ProcessUnity, a leading provider of cloud-based application software, today announced it has hired Andrew Cacossa as vice president of sales. In this position, Mr. Cacossa will lead the company's sales and business development initiatives for its Risk Suite line of business.

ProcessUnity's risk solutions are designed to help organizations streamline and enhance their risk management and compliance processes both within the enterprise and with external third-party relationships.

"It's no secret that organizations are facing an assortment of challenges stemming from effective risk management, as well as containing threats that lie with third parties as part of today's extended enterprises," said Mr. Cacossa. "Although the GRC market is full of service providers claiming to offer the best solution, ProcessUnity's Risk Suite is the only one I've seen that can be rapidly implemented, learned easily, and gets right to the point of solving business problems quickly. I'm excited for the opportunity to help organizations improve their risk management capabilities."

Most recently, Mr. Cacossa was vice president of sales, North America, for CaseWare International, Inc., a provider of GRC and continuous monitoring solutions. Previously, he served in sales leadership positions at IBM, PeopleSoft, and Wolters-Kluwer. A GRC pioneer as the first sales executive at OpenPages, Mr. Cacossa brings over ten years of GRC industry experience to ProcessUnity.

"Over the past nine months, we have doubled our headcount and added deep industry expertise across the board," said Todd Stone, president and CEO of ProcessUnity. "During this period of tremendous growth, we have been fortunate to add exceptional industry leaders like Andy Cacossa. We are excited to have him join our team."

About ProcessUnity

ProcessUnity is a leading provider of cloud-based applications for risk management and service delivery management. The company's software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes. For public companies and regulated industries, ProcessUnity Risk Suite delivers effective governance and control, vendor risk mitigation, and regulatory compliance. For benefit plan administrators and other financial service firms, ProcessUnity Service Delivery Risk Management (SDRM) controls complex product offerings and strengthens client service experience. ProcessUnity is used by the world's leading financial service firms and commercial enterprises. The company is headquartered outside Boston, Massachusetts and is funded by Rose Park Advisors and other private investors.

For more information, visit www.processunity.com.