Oracle Cloud Risk Management uses the power of data science to automate, digitize and simplify your application security and audit activities. It is a complete and fully integrated solution with tools to help you address 10 use cases from design role-based access, to enforcing security policies, monitoring user activity and transactions and reporting for audit and compliance.
Oracle Cloud Risk Management has the same user interface, platform, upgrade cadence and security structure as Oracle Fusion Cloud ERP.
Review the latest high-priority access and transaction incidents. Collaborate with process owners, IT security, internal audit, and risk management and compliance to manage security, audit, and compliance activities.
Visualize separation of duties (SoD) violations during implementation to inform security configuration and ensure SoD control prior to user acceptance testing (UAT) and go live. Avoid unnecessary security remediation after go live.
Self-service access request workflow automatically identifies access violations so you can review them before granting users’ access.
Automate SoD controls for compliance reporting. Report SoD analysis results with confidence and ease. Visualize SoD results in minutes to facilitate efficient remediation. Protect sensitive security data from exposure.
Digitize user access reviews and certify user access to sensitive functions. Automatically route approval workflow to direct managers and process owners. Continuously certify users with high-risk access for security and audit requirements.
Continuously monitor and enforce user access policies to reduce security, privacy, and compliance risk. Get started quickly with prebuilt best practice rules and expand coverage by using visual workbench to build custom rules. Use built-in workflow for quick and easy exception management.
Continuous monitoring of changes to critical configurations. Automate risk-based analysis of setup and master data changes. Leverage a library of best practice configuration rules. Easily add intelligence such as frequency and threshold values to audit controls of critical ERP setup and configuration data such as supplier bank accounts.
Promptly identify risk and stop significant cash loss via continuous monitoring of financial transactions. Audit 100% of all payment-related transactions for a variety of risks, including redundant payments and separation of duties violations. Eliminate exposure and loss of sensitive data.
Enhance your Oracle Cloud ERP and Procurement processes with advanced controls to meet your obligations to ensure security, process integrity, and audit readiness.
Digitize and streamline internal control over financial reporting (ICFR) and audit workflows. Streamline Sarbanes-Oxley (SOX) compliance. Report and track compliance issues.
Centralize and digitize your enterprise-wide risk and control matrix. Build trust and transparency with embedded dashboards. Foster collaboration across your organization to build a risk intelligent culture.Request an ERP demo