Global Industrial Manufacturer

Transcription

1 Global Industrial Manufacturer Implements Control Self Assessment Solution Overview FulcrumWay Leading Provider of Enterprise Risk Assessment Mitigation and Remediation Solutions Enterprise Risk Management Financial Close Monitor Advanced Controls Catalog Enterprise Audit GRC Monitor Leverage T echnology: Move Your Business Forward Give me a lever long enough and a fulcrum on which to place it, and I shall move the world - Archimedes Copyright. Fulcrum Information Technology, Inc.

2 Page 2 Introduction FulcrumWay Intelligent, Integrated Instant Risk Management FulcrumWay: is the #1 End-to-End Provider of Enterprise Risk Management Expertise, Solutions and Software Services for Oracle EBS, PeopleSoft and JDE customers with over 200 Fortune-500 to Middle Market clients. Since 2003, we have successfully assisted companies across all major industry segments. Expertise: Risk Advisory Services. Advanced Controls Design for Enterprise Business Applications. Best Practices for Risk Mitigation and Internal Controls Automation. Audit, Compliance, Financial, Enterprise and Operational Risk Assessments. Risk Remediation Services such as Segregation of Duties. Packaged Solutions: FulcrumWay is the #1 choice of Oracle customers for Oracle GRC Manager, GRC Controls and GRC Intelligence/OBIEE software implementation. Oracle has certified us as the only partner with Accelerators for Oracle GRC. We also provide Managed Services and Hosting for Oracle GRC applications. Software Services: Risk Management Tools: Enterprise Risk Manager, Financial Close Risk Manager, Risk Based Audit Manager, IT Risk Workbench, and Advanced Controls Catalog. Data Management Tools: Rules Repository, DataProbe adaptors and Data Hub. USA Presence: Privately held Delaware Corporation with US offices in New York City, Dallas and San Francisco International Presence: in Chennai, Dubai, Kampala, London, Rome, Santiago, Singapore

3 Page 3 Our Experience FulcrumWay Clients Government Oil and Gas Financial Services Retail Communications Manufacturing Industrial Equipment Natural Resources Media and Entertainment Healthcare High Tech Life Sciences

4 Page 4 Our Experience FulcrumWay Insight Thought Leadership Co-Authored GRC Book: First book on GRC for Oracle Applications Executive Round Tables GRC Solutions for Energy Industry, Houston, November 2012 OAUG GRC Solution Lab - April 7 th 11 th Denver: GRC Case Studies and Best Practices IIA - Presentations - Top Five Reasons for Automating Application Controls Collaborate 13 GRC Client Appreciation Dinner April 9 th, 2013 Denver Webcasts GRC Best Practices, Trends and Expert Insight Oracle Open World Annual GRC Dinner on September 23 rd, 2013 W Hotel San Francisco LinkedIn FulcrumWay Risk, Compliance and Audit Software Group YouTube Podcasts FulcrumWay Instant Insight in 10 min or less

5 Strategic Operations Reporting Compliance Page 5 Overview Enterprise Risk Assessment Enterprise Risk Management Tools Enterprise Survey Key Risk Indicators Internal Audit IT/Application Compliance Incident Manager COSO ERM Framework

6 Page 6 Enterprise Survey Employee, Supplier, Customer Survey Deploy Survey using Active Directory, ERP User, Internal User Lists. User branching to collect additional information based initial responses Survey Managers can use predefined templates to initiate surveys such as Code-of-Conduct, Supplier Quality, Customer Satisfactions. Slice / dice the data using adhoc reporting to investigate responses

7 Page 7 Compliance Assessment Compliance Self Assessment Create and Monitor Compliance Self-Assessment by business area Ensure timely completion of control assessment. Use for Quarterly SOX 302 Certification. Health and Safety training confirmations

8 Key Risk Indicators Streamline Enterprise Risk Management Page 8

9 Page 9 Key Risk Indicators KRI Measure Period External/Internal Risks Application Owner can choose the frequency of Charter

10 Key Risk Indicators Assess KRI s impact on Business Performance Page 10 Setup Enterprise KRI and measure current values against baselines. Gather supporting documents and provide management reports Provide Management Risk Owners timely and accurate risk information for decision support to improve business performance

11 Audit Risk Assessment Perform Qualitative and Quantitative Risk Assessment for Audit Plan Page 11 Identify Risk Factors based on weighted scale to prepare an effective audit plan Risk Based Audit Planning enables effective use of audit resources to reduce overall enterprise inherent risk.

12 Page 12 Audit Risk Assessment Survey Risk Managers to provide risk rating against the baseline Distribute risk rating surveys to management with key risk factors to obtain timely and accurate risk response Develop audit plan to provide assurance on risks assessment by management as well as independent analysis