AuditBOT Recognized as a Representative Vendor for its Cloud Enabled GRC Software for SAP in Gartner Market Guide for SOD Controls Monitoring Tools Report
Online PR News – 03-September-2015 – Washington DC – Washington DC September 3rd, 2015 – Cloud Enabled AuditBOT,GRC solutions for SAP can help organizations discover users with excessive authorizations, unused SAP Licenses, elevated Access controls, control process risks, automate user provisioning and provide all the information required for re-mediation and enable compliance monitoring for SAP Systems.
Cloud Enabled AuditBOT GRC Solution for SAP has capabilities within its Risk management solution, enabling rapid compliance with Segregation duties, elevated access, user provisioning, process controls, SAP Security Assessments and License Management.
Cloud Enabled AuditBOT has standard risk rule set and audit parameters that remove the need for auditors to spend excessive amount of time defining and monitoring the risks in the SAP System. Cloud Enabled AuditBOT GRC Solution for SAP looks at the SOD Risk based on assigned transactions to the user, executed transaction by the user and changes made to the tables within the SAP System. The unique three dimensional risk analysis helps your company eliminate the false positive risks in the system
Driven by the proliferation of SOD risks, Compliance needs, SAP Risk Monitoring, License optimization and SAP User Provisioning, GRC Solutions is fast becoming a major movers in SAP Audit Compliance space.
“Gartner estimates that only 30% of companies with complex business applications requiring enforcement of segregation of duty (SOD) controls make use of automated SOD controls monitoring solutions. Organizations worldwide are motivated to deploy commercially supported software to monitor SOD controls and other policy violations in business applications. The use of manual, spreadsheet-based or consultant-driven SOD risk analysis and remediation techniques could be expensive, inefficient and complicated without the proper use of automation” 1
"We are proud of our inclusion as a representative vendor in the Gartner Market Guide, and believe it validates our investment in strategic competencies like risk analysis, license management, elevated access, Transaction Monitoring, process controls and security assessment," said Vel Jayapaul, and Selva Kumar Partners Cloud Enable AuditBOT GRC Tool. "In today's ever changing compliance risks, customers do not want to invest heavy sums of money on army of consultants and results delivered in 6 months to a year. With AuditBOT Tool the implementation is usually same day and you only pay for results
1 Gartner, Market Guide for SOD Controls Monitoring Tools Report, April 28, 2015
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About Cloud Enabled AuditBOT GRC Tool for SAP
AuditBot SAP Risk Management Solution helps maintain audit compliance within finance, internal audit and IT organizations. Whether it is during the business day, overnight or over a weekend, AuditBot continually checks for any risks embedded into the SAP Systems. It transforms the IT director from a Monday morning quarterback, to the leader of a winning team in the SAP audit compliance game. Auditbot SAP Risk Management software suite helps companies to spot and counter the risks instantly so that they do not impact the budget with large remediation expenses and avoid huge audit clean up fees. AuditBOT provides recognized expert services to companies in North America, Europe and Asia, including MFB Australia, Averis, Deloitte Mexico, Paul Wurth MAS Holdings. Headquartered in USA , AuditBOT has sales and project support presence in Singapore and the EU, and operates multiple software development centers. For more information, visit www.auditbots.com.
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