Proactively protect your enterprise to build trust and resilience amid constant change and disruption. Oracle Fusion Cloud Risk Management and Compliance is a security and audit solution that controls user access to your Oracle Cloud ERP financial data, monitors user activity, and makes it easier to meet compliance regulations through automation.
Automate monitoring and control of user access
· Design secure and compliant user roles during implementation: Use a library of prebuilt security rules to ensure your roles are compliant before you go live with your ERP system.
· Automate separation of duties (SoD) reporting: Confidently generate SoD reports that meet compliance regulations
· Efficiently review and certify user access: Make it easier for your employees to stay compliant by simplifying system access with automated workflows
· Continuously protect your data and processes from exposure: Eliminate the need to export sensitive security data for third-party services with a risk management solution embedded within your ERP
Continuously monitor user activity with AI
· Monitor changes to critical configurations: Reduce the need for your team to perform tedious work, such as "spot checking" configurations
· Audit transactions to identify fraud, error and policy violations: Analyze all requisitions, purchase orders, invoices, expense reports, customer orders, and more
Simplify financial reporting and compliance
· Automate audit and SOX compliance workflows: Replace manual spreadsheets and cumbersome audit processes with a simple digital workflow
· Streamline enterprise risk management (ERM) and business continuity planning: Calculate risk using analysis and context models to determine the best course of action
Process Audit provides organizations with an integrated approach to continuous compliance monitoring in SAP by delivering out-of-the-box functionality for monitoring end-user activity. The result, is a robust controls framework for your SAP environment that can help to identify fraud, misuse or errors in transactional processes. Process Audit delivers a complete transactions control framework for Order to Cash (O2C), Purchase to Pay (P2P), Financial Controls (FIC) and SAP System Settings. Additionally, Process Audit's Custom Controls Workbench (CCW) provides your organization with the ability to build ad-hoc or proprietary controls for any SAP business process or custom transaction.
