Reduce Application Management Costs and Monitor IT Controls

•    Ensure integrity of business application configuration
•    Monitor IT General Controls (ITGC) change management policies
•    Reduce Application Lifecycle Management costs    

FulcrumWay ERP Configuration Controls Monitor enables you to mitigate financial and operational risks by ensuring accuracy, and consistency of application configurations required for processing business transaction within your ERP system.

You can monitor the accuracy of system configuration by benchmarking the setups against the FulcrumWay Controls Catalog, which contains thousands of critical configuration descriptions and recommended options.  You can also detect system misconfigurations against the baseline setup for each ERP module approved by management.
Configuration Monitor ensures the consistency of ERP configuration by identifying variation in setups that often occur in ERP systems simply because the user changes key setup values such as Journal source for posting entries in the General Ledger or setup parameter for 3-way match in Payables module. The Configuration Monitor can also help maintain timeliness of application setup changes required when you upgrade the ERP system or deploy to new business units.

  Configuration monitor can be utilized with ERP or third-party configuration management and tracking tools such as Oracle Configuration Controls Governor to create monitors that track changes across multiple database objects and provide business-friendly reports and closed-loop workflows on configuration changes that impact business.  This enables owners of business controls to respond to risk events by understanding the impact of the configuration change in the EPR system based on a clear description of the control objective.  
 
We enable Auditors, Business Control Owners and IT Administrators:

•    Assess business process risks based on ERP configuration controls
•    Detect violations of IT change management governance policies
•    Mitigate risks of inaccurate, inconsistent and untimely configuration management