"This is a simple but very versatile software suite addressing all SAP GRC features and much more. It is an ABAP suite fully incorporated with the SAP application." said Upul Prematunga, Manager - Financial Compliance at the MFB.
Newark DE (PRWEB) June 24, 2013
Australian Government Agency Implements AuditBot GRC Solution to Monitor and Eliminate Risks
AuditBot Inc, a provider of Governance, Risk and Compliance (GRC) solution for SAP® environment announced that Metropolitan Fire Brigade (MFB) selected AuditBot Quick- GRC™ Solution to preserve the assets of the company and its clients, and to reduce the time and expense of internal and external audits. MFB provides world class fire and rescue services in Melbourne, Australia for over 1000 square kilometers and protects four million residents, businesses and visitors, and protects and saves billions of dollars in assets.
MFB is deploying AuditBot Quick-GRC compliance audit software to address conflicts with sensitive transactions within its organization. Essentially MFB sought a proactive solution to identify and rectify issues on an ongoing basis rather than through internal and external audit reviews which could be too late.
"This is a simple but very versatile software suite addressing all SAP GRC features and much more. It is an ABAP suite fully incorporated with the SAP application." said Upul Prematunga, Manager - Financial Compliance at the MFB. "AuditBot Quick-GRC addresses all SAP security issues including sensitive transaction access, critical authorizations and SOD conflicts. This will allow the users to be fully compliant with most frequent Security audit concerns including risk assessments as well as implementing risk mitigation strategies. "
Implementation of AuditBot GRC Solutions took only a couple of hours. "The skill of the AuditBot team handling the implementation and training was absolutely top notch," added Upul.
AuditBot helped MFB in Following Areas
1. Ability to Track and Alert User/ Role Changes
2. Capability to Track and Alert Risk addition or Removal
3. AuditBot team configured our Custom Rule Set
4. Alert High Value Transaction postings and posting to specific documents
5. Alert on sensitive transaction execution
6. Quick assessment of their SAP Security Posture
7. Detailed history of Authorization Changes to roles
AuditBot Quick-GRC is a second generation suite of modular, integrated applications for GRC in SAP that address the major areas of compliance concerns with Continuous Compliance Monitoring, 100 % transaction Logging & Alert, Master / Transaction Data alerts, Emergency Help Desk for Temporary Elevated access, SAP License Audit , SAP Risk analysis& Alert and Instant SAP Security Audit
"AuditBot Quick-GRC allows the enterprise to embed compliance continuously to reduce the often intrusive nature of tracking exceptions or authorizations," said Vel Jaypaul President and CEO of AuditBot. "Our GRC solution helps customers remain focused on protecting people and reduce the 'lost opportunity' costs that an audit will create internally."
MFB has gone live with AuditBot Quick-GRC with its internal financial compliance team, who will be the primary end users of the product. The software can be enhanced with customized "rules sets" that address specific SOD conflicts.
"I continue to be impressed with the support AuditBot provides," said Upul. "We talk about our problems and they come up with enhancement within a week which addresses our issues. The AuditBot team is very knowledgeable. They give you the answers you need directly."
For the MFB, the AuditBot GRC has provided a valuable a new set of SAP tools that not only reduce audit time, expense and distraction but also release budget dollars to support other high priority projects.