Approva Announces Release of BizRights 4.1 for Oracle and PeopleSoft Continuous Controls Monitoring

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Latest Version Sets New Records in Automated Controls Management with Unrivaled Speed, Performance and Accuracy

Approva® Corporation

This new release enables global organizations with hundreds or thousands of ERP users to quickly and easily analyze control risks at a detailed level across the enterprise in minutes.

Approva® Corporation (http://www.approva.net), the leading provider of controls intelligence software, today released the latest version of its BizRights® Platform and Controls Intelligence Suite Version 4.1. The new release provides a significantly faster and more targeted approach to user access and system configuration monitoring in the most complex enterprise resource planning (ERP) environments.

"Approva BizRights Version 4.1 includes improved performance and scalability for Oracle, PeopleSoft, SAP, and other critical systems. Approva continues to provide very detailed analysis and now at an incredible speed," said Charles Braswell, Director of GRC Services, Sunera LLC. "This new release enables global organizations with hundreds or thousands of ERP users to quickly and easily analyze control risks at a detailed level across the enterprise in minutes."

Organizations with Oracle E-Business Suite will benefit from deeper, more detailed analysis of Oracle security, more reporting flexibility, enhanced closed-loop remediation capabilities, and extended support for Oracle E-Business Suite Release 12. Approva is the first company to provide enterprise support for all the latest and previous releases of all Oracle modules.    

Organizations with PeopleSoft Enterprise will benefit from new reports that provide more detailed information in business friendly formats, more granular analysis of PeopleSoft security, improved closed-loop remediation options, and extended support for PeopleSoft Enterprise Release 9.0. Approva is the only company to maintain its solution to support both legacy and current releases of PeopleSoft versions.

With a new industry-leading predictive control analytics engine and embedded PredictX™ technology, Approva BizRights version 4.1 performs fine grained analysis of every nuance of ERP controls, with faster analysis time and controls violation reporting that reaches down into the most detailed levels of ERP systems’ security models of any application or niche vendor in the marketplace. The ability to analyze both granular application control settings contemporaneously with security and transactions reduce the false-positives while increasing the accuracy identifying and predicting control breakdowns in mission-critical business processes.

"Approva BizRights 4.1 delivers on the promises we made earlier this year to offer the fastest, most accurate and most comprehensive controls intelligence solution to our Oracle and PeopleSoft customers," said Steve Elliott, CTO and Senior VP of Products, Approva. "This release builds on the market-leading capabilities of Approva BizRights 4.0, and offers unrivaled depth, breadth and performance to the largest of enterprise customers. At the end of the day these new capabilities translate into lower costs, reduced risk of fraud and more reliable and sustainable control frameworks for our customers."

About Approva
Approva® Corporation is the leading provider of controls intelligence software and is the industry standard for three of the five largest audit and advisory firms. We automate controls across SAP, Oracle, JD Edwards, PeopleSoft and other legacy ERP applications. Global companies such as Bayer, Colgate Palmolive, 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 or call us at +1-703-956-8300.

Media Contact:
Priya Ramesh
Approva
703-956-8409
priya.ramesh @ approva.net

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Approva
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