Siemens Westinghouse Selects Approva BizRights Software to Manage
March 02, 2005 - Vienna, VA
Approva® Corporation, the leader in enterprise controls management software, today announced that Siemens Westinghouse has selected the Approva BizRights® software platform to offer a one-stop-shop for continuous monitoring, business rights management and security insight across more than 2,000 internal SAP users.
The Approva BizRights platform continuously monitors and correlates authorizations, configurations and transactions for various business processes, across all ERP systems and instances. The platform includes data extraction, rules, reporting, and workflow engines. BizRights Insight modules can be added to identify and prevent critical internal controls violations related to user authorizations, segregation of duties and access to sensitive transactions. R esiding outside the ERP application, it ensures no performance degradation to the application and maintains independence of audit from the production system.
Siemens Westinghouse delivers solutions for the entire power plant life-cycle: beginning with planning, project administration and project financing, supply of products and systems, continuing through turnkey construction and on to comprehensive service including plant operation and maintenance.
“With our software, Siemens Westinghouse now has the ability for business process owners to oversee controls and collaborate more effectively with their information technology specialists,” said Prashanth (PV) Boccasam, president and CEO of Approva. “We are excited that Siemens Westinghouse has selected Approva and welcome them to our list of world-class customers”
About Approva Corporation
Approva Corporation enables large organizations to transform compliance efforts into competitive advantage. By offering unique, continuous and actionable insight into business processes, Approva software provides sustainable compliance and delivers improved control, increased profit and enhanced shareholder confidence. The patent-pending Approva BizRights® platform is the first product to allow all corporate compliance stakeholders – including business managers, auditors, and information technology specialists – to collaboratively manage controls and optimize related processes. BizRights provides continuous, independent visibility into ERP activity, producing business-friendly reports that both business and IT managers can act upon.The software correlates user, transaction and system setting data against pre-defined and configurable rules to proactively pinpoint control violations and business exceptions. Valuable risk analysis ranks the impact of potential violations for improved prioritization. With BizRights, companies can resolve issues faster, prevent new control conflicts and create complete audit trails for change management. Global brands such as Colgate-Palmolive, Wrigley, Pratt & Whitney and others are reducing the cost of compliance, minimizing business risk and increasing operational efficiency with Approva solutions. For more information visit us at www.approva.net.
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