Risk Management and Compliance use cases

Automate monitoring and control of user access

Design custom roles without separation of duties (SoD) violations Use a library of prebuilt security rules to ensure your roles are compliant before you go live with your ERP system. Avoid user acceptance testing (UAT) delays, audit findings, and costly remediation of roles. Check access requests for SoD violations Enable self-service user access requests and help prevent SoD conflicts prior to provisioning access. Route access requests to business process owners for review, document exceptions, and grant access if approved. Monitor and report sensitive (restricted) access Identify users who have been granted sensitive access privileges and data to report, certify, or remove. Monitor and report separation of duties Confidently generate SoD reports to address audit and compliance (ICFR/SOX) requirements. Automate user access reviews and certifications Automate user access review workflows to ensure access is authorized by business process owners and meet audit and compliance requirements.

Continuously monitor user activity with AI

Monitor changes to critical configurations Automate monitoring of changes to critical configurations to identify unauthorized or suspicious changes. Audit transactions to identify fraud, error, and policy violations Evolve from sampling to continuous monitoring of financial transactions to ensure complete oversight. Procure-to-pay assurance Monitor user access and activity across procure-to-pay to help ensure process integrity. Enforce separation of duties and analyze all purchase orders, invoices, and payments. Record-to-report assurance Monitor user access and activity across record-to-report to maintain the integrity of processes. Enforce separation of duties and analyze all subledger transactions, period close adjustments, and manual journal entries. Order-to-cash assurance Monitor user access and activity across order-to-cash. Enforce separation of duties and analyze all customer orders, approved credit limits, and payment receipts. Hire-to-retire assurance Monitor user access and activity across the hire-to-retire process. Enforce separation of duties and analyze all payroll runs, compensation changes, and time card transactions.

Manage internal controls

Document (RCM), test, and certify controls for ICFR/SOX Collaborate effectively on a unified repository of internal controls with intuitive assessment and certification workflows. Streamline enterprise risk management (ERM) Calculate risks using analysis and context models to determine the best course of action.