Approva Corporation - Controls Intelligence Software

Approva’s Approach

Approva continuously monitors your critical business applications for early indicators of potential fraud and billing schemes. Comprehensive, automated monitoring strengthens controls and puts a more effective deterrent in place to reduce the risk of fraud. By automatically enforcing a series of corporate policies, suspicious activity is immediately identified and stopped. This strengthens internal controls, reduces business risk and reduces cash losses due to fraud.

Key Benefits

Reduce Cash Losses from Fraud and Billing Schemes

By identifying risks early and proactively notifying appropriate managers who can take action in a timely way, Approva reduces cash losses due to fraud and billing schemes. Any high risk incidents are discovered immediately, reducing loss.

Reduce Risk of Damaging Fraud Occurrence

Through continuous and comprehensive monitoring, Approva puts more effective and preventive controls in place, reducing the likelihood that fraud can go undetected. Stronger controls also deter individuals and reduce the opportunity for fraud to occur.

Ease SAS 99 Compliance

By strengthening controls and continuously enforcing corporate policies against fraud, Approva can ease SAS 99 compliance and reduce risk of fraud findings as part of an audit. Approva can automate your processes for preparing and executing audits—both internal and external—and reduce the likelihood that any surprises are discovered.