FLEMINGTON, N.J., June 4, 2019 /PRNewswire-PRWeb/ -- Greenlight Technologies announced today that SAP SE will resell Greenlight's leading software-as-a-service (SaaS) solution for monitoring and managing access risk, compliance and security across all critical business applications. SAP has been reselling the on-premise version of Greenlight's Access Violation Management solution for over four years.1
"Through our global Cloud Edition reseller agreement with Greenlight, we are giving customers more flexible deployment and pricing options to meet their access governance needs," said Tom Roberts, Global Vice President, Software Solutions, SAP. "Unlike our on-premise solution, which can take months to deploy depending on the availability of customer IT resources, the Cloud Edition can be up and running in a matter of days."
For many companies, assessing and understanding their true access risk exposure is challenging. The controls they put in place are manually driven, time consuming and costly to enforce. Finding Segregation of Duties (SoD) policy violations can be like searching for a needle in a haystack. With Access Violation Management, business owners get a single view of SoD policy violations across the enterprise and see their financial exposure from unresolved access risk. When SoD violations are put in this perspective, business owners are more likely to notice and act because they can now make access decisions based on financial impact, instead of incomplete or misunderstood technical data. They can then follow-up and communicate the financial risks to their organization, so they protect their assets and drive business value.
"Together, Greenlight Technologies and SAP have empowered many leading companies to centralize the visibility and control of user activity and transactions across business applications to automatically monitor, detect and remediate potential fraud by alerting business owners only when Segregation of Duties violations occur," said Anand Adya, Chief Executive Officer, Greenlight Technologies. "This gives them a clear understanding of its financial impact on their organization. The cloud version of Access Violation Management enables customers to have a quick return-on-investment with minimal total cost of ownership and provides insights into access risks across the enterprise by way of the SAP Access Control application."
Access Violation Management includes two editions:
System Integration Edition – This edition extends the functionality of the SAP Access Control application to all critical business applications, including SAP and third-party applications, and provides real-time risk analysis, compliant user provisioning, user access reviews and role management for on-premise, hosted and cloud-based enterprise applications. Business owners see what users can do and then determine whether they are willing to accept the risk. The review and approval process is automatically recorded and reported, providing a complete audit trail. This edition is now available in the cloud and on-premise.
Risk Assessment Edition – This edition is unique in its ability to automatically monitor 100% of transactions for Segregation of Duties violations across all enterprise applications connected to SAP Access Control and then alert the business owner only when an actual violation is detected, saving significant time, effort and costs. Business owners gain a clear understanding what users are actually doing across business applications, see the financial impact of access violations and can automatically prevent or remediate the risk. Finance can finally be confident audit won't find anything that hasn't been already found. Like the System Integration Edition, the review and approval process is automatically recorded and reported, providing a complete audit trail. This edition is now available in the cloud and on-premise.
About Greenlight Technologies
Greenlight Technologies makes monitoring and managing risk, compliance and performance in real-time, across all critical business applications, not only possible, but surprisingly easy and cost-effective. Our unique ability to integrate with and correlate data across multiple business applications, coupled with powerful analytics on user activities and transactions, delivers enterprise visibility of risk exposure and regulatory compliance from a single platform. Today, many of the world's most respected, global 2000 companies rely on Greenlight to protect their assets from financial, operational, regulatory and security threats, ensure corporate compliance and improve performance. Our customers have saved millions in labor costs, audit fees and loss prevention. Learn more at https://greenlightcorp.com.
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1 SAP resells Access Violation Management as SAP Access Violation Management by Greenlight
SOURCE Greenlight Technologies
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