Approva’s solution was the best match for our business requirements. Approva’s non-intrusive approach and ability to monitor controls both within and across multiple ERP environments, including Oracle, SAP, and legacy systems, were key differentiators.
Reston, VA (Vocus) January 29, 2008
Approva® Corporation, the leader in continuous controls monitoring, today announced that Comcast Corporation has licensed Approva’s BizRights® CCM Platform and Enterprise Controls Suite to monitor both general computing and user access controls across its enterprise-wide deployment of the Oracle E-Business Suite.
Comcast will use Approva’s continuous controls monitoring (CCM) solution to implement both detective and preventive user access controls across their Oracle environment, baseline system configuration settings and continuously monitor for control violations and unauthorized user activity.
“We were looking for a platform that could help us strengthen our Oracle E-Business Suite controls environment while also providing us options for extensions into other business functions requiring controls monitoring and reporting,” said Todd Irwin, Executive Director Financial Systems at Comcast. “Approva’s solution was the best match for our business requirements. Approva’s non-intrusive approach and ability to monitor controls both within and across multiple ERP environments, including Oracle, SAP, and legacy systems, were key differentiators. ”
Customers that implement Approva’s continuous controls monitoring solution are able to quickly and substantially reduce their risk and exposure to fraud and mistakes by eliminating unauthorized and inappropriate access to sensitive functions within Oracle. Typical hard benefits include reduced audit preparation costs, improved utilization of IT staff and increased business process efficiency.
“We are excited to add Comcast to our rapidly growing customer base,” said Approva CEO, Prashanth “PV” Boccasam. “Comcast’s selection of Approva demonstrates our unique position in offering an independent, enterprise-class solution for automating and managing the on-demand testing, closed-loop remediation and continuous, exception-based monitoring of controls across Oracle, PeopleSoft, JD Edwards, SAP and other applications.”
Approva® Corporation is the industry-leading provider of governance, risk and compliance (GRC) software and is the controls monitoring standard for half of the Big-4 audit firms. We enable business, finance, IT and audit professionals to automate controls across SAP, Oracle, JD Edwards, PeopleSoft and other legacy ERP applications. Global companies such as Bayer, DirecTV, Discovery Communications, First Advantage, Honeywell, P&G, Pratt & Whitney, Siemens and T-Mobile rely on Approva to reduce compliance risk, increase operational efficiency and flag exceptions to their business controls. Approva has certified integrations with Microsoft, Sun Microsystems, IBM and SAP to provide a holistic GRC solution. For more information, visit http://www.approva.net.
Editors Note: For additional and more specific background on each of Approva’s initiatives, please go to Approva’s press room at http://www.approva.net/news