AlertControls

Continuous Controls Automation for Business, Transactions, Data Management and Change Management Processes

Overview

Organizations are facing a crushing burden as they try to comply with increasing regulations and more intensive audits. One way to gain an advantage on the need for compliance with ever-proliferating regulations, standards and best practice frameworks is to build security and compliance right into the process. Continuous Controls Management is based on the automation of controls that span across financial, operational, access management, transaction management, change management and IT change management processes across the enterprise.

AlertControls is an enterprise-level software application that allows companies to conduct multiple assessments simultaneously, test controls across multiple regulations, include human response via e-surveys, automate testing of controls and leverage built-in configurable workflow to adapt to existing organizational structures and business processes to monitor Segregation of Duties (SoD), Application Configuration Changes, Master Data Management and Transactional Integrity.

Key Features

• Built-in controls library supporting multi-regulatory frameworks
• Continuous controls monitoring with powerful rule-based risk engine
• Automated controls testing and fraud detection
• Row level technical rules automatically generated from business rules
• Built-in integration with SAP, Oracle and other business & IT applications
• Actionable and interactive visualizations for Processes, People, Assets, and Risks
• Customizable reporting & audit management
• Exception lifecycle, compensating controls and risk remediation with built-in workflow
• Compliance Automation including e-Survey capability

Benefits

• Correlate events to prevent fraud etc;
• Identify and Eliminate Risks before they manifest
• Adaptable business rules engine
• Single Solution to address multiple business process risks
• Visual risk analytics –easy to understand
• Automated Remedial Action Strategies- decision support
• Situational Awareness
• Aggregate risks across multiple domains
• Extensive process integration for multiple ERPs/Legacy