Security, Controls & Compliance Solutions for Oracle E-Business Suite

Fraud Prevention

Shut the stable door before the horse bolts

Despite the fact that fraud is prevalent and can result in huge losses, many organizations only take proactive steps to prevent it after they have fallen victim to it, or if compliance regulations such as Sarbanes-Oxley oblige them to.

The risks and damages can be reduced by putting in place robust internal controls, such as Segregation of Duties, and auditing processes, such as transaction monitoring, to prevent unauthorized access and draw attention to unusual activity.

Standard Oracle E-Business Suite does not provide this functionality and many of the available solutions are cost prohibitive. Consequently many companies try to impose these controls using spreadsheets and SQL reports, but the complexity of the problem and the amount of manual effort needed to sift through huge amounts of confusing data mean that fraudulent activity often goes undetected.

Our Segregation of Duties (SoD), Auditing and Configuration Change Management products enable you to define and implement the controls that are important to you and viable for your business. They can:

• detect vulnerabilites
• prevent future SoD violations
• proactively alert you to suspicious transactions and trends.

More Solutions:

• Satisfy the demands of your auditors
• Implement and enforce manageable Segregation of Duties controls
• Protect sensitive and critical data
• Smooth the process of upgrading to R12