Governance, Risk, and Compliance Management

Enterprise Transaction Controls Governor

Continuous Monitoring of Business Transactions
Economic stress on companies have forced many to undertake cost cutting measures. While necessary, these measures have weakened organizations' internal controls, leaving them vulnerable to wastage and fraud. Oracle Enterprise Transaction Controls Governor continuously monitors transactions against policies to detect suspicious transactions or redundant business practices that get in the way of performance. By spotting anomalies in everyday transactions, the system prevents cash leakage. Escalation of risk, fraud, and costly remediation are avoided—Oracle Enterprise Transaction Controls Governor tracks events that indicate:

Potential violation of internal controls - for example, an employee raises multiple requisitions for a single purchase totaling an amount greater than her approval level
Heightened levels of risk - for instance, an unexpected delay in anticipated cash receipts which would result in a shortfall in projected cash flow
Reportable events - for example, a foreign subsidiary writes off a significant bad debt

	FEATURES
	Continuous monitoring of transactions across processes including Procure-to-Pay, Order-to-Cash, Hire-to-Retire, and Record-to-Report Increase visibility into the actual operations of the controls environment Statistical logic to systematically uncover inappropriate or suspicious transactions and control violations Mitigate exposure to error, misuse, and fraud from out-of-policy business transactions Intuitive authoring of access, master data, and transaction controls Create policies and analyze controls using an intelligent and interactive interface