Approva Corporation - Continuous Controls Monitoring Software

Approva’s Approach

Approva enables you to build automated controls into your ERP design and implementation. So whether you are upgrading your environment or preparing to go live with a new implementation, Approva builds automated controls for access, configurations, and operations into your system. This way, you can meet your go-live deadlines without significant risk exposure and avoid costly and time consuming redesign of processes and controls later on. Approva can even help you speed your go-live by strengthening controls, improving risk visibility in your current environments and easing the transition to a new system.

Key Benefits

Streamlined ERP Implementation Process

Complete your ERP implementation or upgrade on time in one smooth process, without immediate rework on process and security design or user retraining. By building automated controls in to the system design you avoid delays in rollout and provide strong risk management capabilities from day 1.

Less Costly, More Effective Controls

By designing automated controls to monitor what users “can do” and “are doing” in your ERP system you eliminate time consuming and costly manual controls. Save time not just for managers who own the controls, but for internal audit, risk management, and compliance teams who are testing controls. Automated controls can be continuously monitored, are more effective and can be relied on by your external audit firm.

Reduced Risk of Mistakes, Fraud, Audit Findings & Non-Compliance

With automated controls built into the system from the start, you will have strong and timely visibility into business risks. With Approva, material mistakes are flagged immediately so the right manager can take action, fraud risk is significantly lower and it is easier to ensure that divisions around the world are complying with corporate policies. Controls are continuously monitored so you have no surprises, even in a new system environment.

More Efficient Operational Processes

Continuous controls monitoring from Approva provides visibility into inconsistencies in business process execution. There is so much change associated with a new ERP deployment, it’s often difficult to know whether processes are being consistently followed in all business units. Approva enables organizations to identify inconsistencies, standardize processes more quickly, and implement best practices globally.