ARMI - KN

ERP Risk Advisors is pleased to announce the addition of three new ERP systems to our ERP Armor library. We are now supporting Workday (HCM / Financials), Oracle Clinical One, and Oracle Transportation Management (OTM). These are in addition to the ERP systems we already support: E-Business Suite (Oracle), ERP / HCM Cloud ( Oracle), NetSuite (Oracle), JDE – OneWorld (Oracle), JDE – Enterprise One (Oracle), PeopleSoft (Oracle), Storis, Dynamics, Build Pro, Bottomline, Bill.com, Apriso, Yardi (including Client Central and Rent Café), and Concur. We are also supporting the following tools: OCI, IDCS, Azure, Sailpoint, and CyberArk.

I wrote an article called “Why Access Controls Must Be Tested for All In-Scope Systems,” and the feedback has been shocking. I have a decent network of auditors throughout external audit firms who regularly comment “off the record” when I am drafting or have published something. Honestly, I didn’t think the article was that revolutionary, however I am now realizing otherwise based on the feedback I heard. Publishing that article has uncovered a systemic issue in the internal and external audit industries I didn’t know existed.

Organizations using SaaS Applications are encountering an increase in fraud risks that traditional cyber security firms are failing to recognize. Most organizations focus on protecting the perimeter and risks related to ransomware and data theft, leaving the organization vulnerable to attack in neglected areas. Internet facing applications such as ERP Cloud, NetSuite, and Workday allow easy access and administration in our work-from-home world. Properly securing the applications means far more than securing the perimeter.

Sarbanes-Oxley and control design best practices require access controls be tested for every in-scope ERP system within an organization’s Risk and Control Matrix (RACM). While this may not be the standard for external auditors, let me attempt to make a case.

Providing Tighter Security Controls for Oracle Cloud Implementations

ERP Risk Advisors, the leader in risk content in the Oracle applications space, is pleased to announce a partnership with Excelencia Consulting, an Oracle Solutions company headquartered in Austin, TX, with offices in UK, Canada and India.