Monday 23 July 2012

Governance, Risk, and Compliance Controls On Demand (GRCC)

                                                   Governance, Risk, and Compliance Controls On Demand (GRCC) is a comprehensive portfolio of compliance management modules including: Application Access Controls Governor (AACG), Configuration Controls Governor (CCG), Transaction Controls Governor (TCG) and Preventive Controls Governor (PCG). GRCC On Demand is platform agnostic and runs with the majority of enterprise applications. GRCC is available as a complete suite or as individual modules.

GRC Controls On Demand:-

                                    GRC Controls is a collection of compliance management modules comprising of AACG (Application Access Control Governor), Configuration Controls Governor (CCG), Transaction Controls Governor (TCG) and Preventive Controls Governor (PCG). AACG, CCG and TCG can run on the same database or use multiple databases. PCG is embedded in EBS instances and adds no infrastructure requirements.

GRC Controls On Demand Features:-

Oracle Application Access Controls Governor (AACG) – provides real-time monitoring and proactive enforcement and crucial access policies, such as those that support Segregation of Duties (SOD). The system anticipates SOD conflicts before they arise, and even prevents any assignment of role or responsibilities within an application that would compromise proper segregation of duties.

Oracle Configuration Controls Governor (CCG) – detects changes to key application setups, and send notifications when they occur. It provides detailed audit histories of all changes to ensure application integrity and meet audit requirements. It also compares environment’s setups to identify discrepancies.

Oracle Transaction Controls Governor (TCG)– continuously monitors transactions against policies to detect suspicious transactions or inappropriate business practices. It proactively alerts the appropriate stakeholders for effective and timely remediation of violations.

Oracle Preventive Controls Governor (PCG)– provide fine-grained control over user viewing and editing of key data, while tracking changes (or attempted changes) made by users. It can restrict the fields and data that users can change or see, control the data that can be entered, and require third-party approval or reason codes for entries, to enforce regulatory or corporate guidelines.

Benefits:-

Oracle GRC Controls On Demand delivers the following benefits to the customers:

Real time compliance monitoring
             GRC Controls On Demand provide end-to-end real time compliance monitoring, which reduces risk associated with your business.

Enforcement
                      Proactive enforcement of Sarbanes Oxley (SOX) Policies helps enforce crucial policies, minimize legal bottlenecks and stay on top of your regulatory requirements. It thus helps you safeguard your brand and reputation.

Oracle Expertise & Global footprint

                               Get access to Oracle’s product experts and global footprint to manage your application integrity and audit changes. This ensures that your compliance solution is always up and running and you have access to best practices and industry standards.

Facilitate Integration

                                        Facilitate integration of customers ERP applications and Compliance Solution (ideal for Oracle Apps users EBS, PSFT, Siebel, JDE, Hyperion, IDM) GRC Controls helps customers come to speed, since it can be easily integrated with majority of enterprise applications. It thus minimizes the time and effort needed by an organization to get started with compliance solutions.

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1 comment:

  1. Thanks for sharing an informative blog with us. At SafePaaS, you can learn how to achieve SOX SoD compliance effectively by reducing SoD conflicts and implementing internal controls in your SAP applications.

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