Oracle Risk Management and Compliance

Improve cybersecurity posture

Prevent unauthorized permissions and access

Ensure that access policies, including separation of duties, are enforced in role design as well as user provisioning with preventive and detective methods.

Monitor IT admin/superuser access and transactions

Highly privileged IT users have broad access for activities that require their attention, expertise, and skills. Ensure that such privileges are used as needed, regularly monitored, and not abused.

Monitor business superuser access and transactions

Certain business analyst users have broad, superuser access to facilitate manipulation of configurations, setups, and master data. Because of their deep functional and process knowledge, it makes sense to give these users broad access can be very powerful—provided safeguards are in place to monitor for unusual activity, such as error or misuse.

Monitor nonhuman account access and transactions

In an increasingly automated world, there are many processes that use aliases, APIs, and automated interfaces. Ensure that all nonhuman interfaces are scrutinized, adequately tested, certified, and monitored for changes and updates.

Automate monitoring and control of user access

Design custom roles without separation of duties (SoD) violations

Use a library of prebuilt security rules to ensure your roles are compliant before you go live with your ERP system. Avoid user acceptance testing (UAT) delays, audit findings, and costly remediation of roles.

Check access requests for SoD violations

Enable self-service user access requests and help prevent SoD conflicts prior to provisioning access. Route access requests to business process owners for review, document exceptions, and grant access if approved.

Monitor and report sensitive (restricted) access

Identify users who have been granted sensitive access privileges and data to report, certify, or remove.

Monitor and report separation of duties

Confidently generate SoD reports to address audit and compliance (ICFR/SOX) requirements.

Automate user access reviews and certifications

Automate user access review workflows to ensure access is authorized by business process owners and meet audit and compliance requirements.

Continuously monitor user activity with AI

Monitor changes to critical configurations

Automate monitoring of changes to critical configurations to identify unauthorized or suspicious changes.

Audit transactions to identify fraud, error, and policy violations

Evolve from sampling to continuous monitoring of financial transactions to ensure complete oversight.

Procure-to-pay assurance

Monitor user access and activity across procure-to-pay to help ensure process integrity. Enforce separation of duties and analyze all purchase orders, invoices, and payments.

Record-to-report assurance

Monitor user access and activity across record-to-report to maintain the integrity of processes. Enforce separation of duties and analyze all subledger transactions, period close adjustments, and manual journal entries.

Order-to-cash assurance

Monitor user access and activity across order-to-cash. Enforce separation of duties and analyze all customer orders, approved credit limits, and payment receipts.

Hire-to-retire assurance

Monitor user access and activity across the hire-to-retire process. Enforce separation of duties and analyze all payroll runs, compensation changes, and time card transactions.

Manage internal controls

Design and document internal controls

Collaborate efficiently and effectively to design, document, and assess internal controls, using a risk-based approach and a unified repository for your internal controls.

Certify internal controls over financial reporting (ICFR/SOX)

Ensure strong internal controls and audit readiness. Automate periodic testing and certification of controls with intuitive workflows.