We are very proud of the new Dynamic Security functionality within ControlPanelGRC, it truly is a unique innovation. Our customers have already reaped the benefits. After month one of implementation, one customer reported that it eliminated 200 hours of m
Milwaukee, WI (PRWEB) September 22, 2015
ControlPanelGRC a leading provider of Governance, Risk and Compliance (GRC) and Continuous Controls Monitoring (CCM) software solution for SAP environments – today announced that their Access Controls Suite has been honored for its Dynamic Security functionality with a 2015 GRC Innovation Award for technical innovation in the automated controls – human resources category by GRC analyst firm GRC 20/20. The 4th annual GRC Innovation Awards recognize technology innovations and user experience in Governance, Risk Management and Compliance programs and processes.
Award recipients can be found on the GRC 20/20 blog at: http://www.grc2020.com/index.php/blog. Solution providers and GRC practitioners were evaluated in the following categories: Strategy, Performance & Objective Management, IT GRC, Third Party Management, Policy & Training Management, Issue Reporting & Management, Quality Management, EH&S, Business Continuity, Compliance Management, Risk Management, Automated Controls, Internal Control Management, Audit Management, Enterprise GRC, and Legal Management.
“ControlPanelGRC has demonstrated GRC technical innovation in the automated controls category with a focus on human resources delivered by its Dynamic Security concept for customers using SAP HR,” said Michael Rasmussen, Chief GRC Pundit for GRC 20/20 and internationally recognized expert. “It is imperative that we recognize today’s successes as a milestone toward advancing GRC maturity. In achieving maturity, GRC is part of the organization’s strategy and operations and supported by a range of technology, knowledge and services - enabling the organization to achieve greater efficiency, effectiveness, and agility in GRC processes and broader business operations.”
“ControlPanelGRC is honored to be recognized for this innovation. The Dynamic Security functionality automates routine access control tasks based on changes in HR master data. This means that customers no longer need to manually reconcile HR driven access while ensuring that employees and managers have proper authority based on their role in the organization. This reduces hours of manual processes by automatically provisioning changes to user access based on organizational changes while achieving a continuous state of audit readiness,” states Scott Goolik, Chief Technology Officer. “We are very proud of the new Dynamic Security functionality within ControlPanelGRC, it truly is a unique innovation. Our customers have already reaped the benefits. After month one of implementation, one customer reported that it eliminated 200 hours of manual processing and identified a significant number of user access inconsistencies.”
The world of automated controls has been largely focused on the financial side of ERP. Very little attention has been given to HR management systems. This is an issue as HR systems house critical and sensitive data that is governed by privacy laws around the world. The confidentiality, integrity, and availability of HR data is critical to organizations. ControlPanelGRC has demonstrated innovation by automating two critical HR processes that before were completed manually. Access Controls Suite’s HR Analyzer with Dynamic Security maps critical HR data to security by automatically tracking and removing sensitive access when job changes occur within the organization as well as provides reconciliation when tied to certain job changes. In a large organizations this process was once executed by several employees that can be completed automated by ControlPanelGRC’s Dynamic Security with HR Analyzer module.
ControlPanelGRC® is a Governance Risk and Compliance (GRC) and Continuous Controls Monitoring (CCM) platform for SAP environments. It automates time-consuming tasks associated with compliance reporting and audit support. Unlike other solutions, ControlPanelGRC is written, implemented and supported by GRC professionals. Through exceptional usability, rapid implementation, seamless integration to SAP, robust reporting and analytics broad functionality, and an easy-to-understand user interface, ControlPanelGRC® helps makes SAP users Always Audit Ready™. Learn more at: http://www.controlpanelgrc.com
About GRC 20/20
GRC 20/20 is the authority in understanding how organizations implement GRC practices that are effective, efficient and agile. Through independent research and industry interaction, GRC 20/20 advises the entire ecosystem of GRC roles within organizations, technology and knowledge solution providers, and professional service firms. Organizations engage GRC 20/20 when they need insight, guidance and advice in dealing with a dizzying array of disruptive issues, challenges, processes, information and technologies while trying to maintain control of a distributed and dynamic business environment. Visit GRC 20/20 at http://www.grc2020.com/ and follow on Twitter at @GRCPundit.
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GRC 20/20 Media Contact:
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