Infor Approva Continuous Monitoring 10.0.2 provides holistic views of data and user access across multiple business environments to minimize risk of noncompliance and security breaches. As a leading application that delivers processes to meet the control aspects of Governance, Risk and Compliance (GRC), Infor Approva Continuous Monitoring helps alleviate the worry associated with GRC demands.
Available globally—and critical to retail, service, healthcare, public sector, and manufacturing industries—this latest release adds two additional product modules with improved analysis and performance capabilities:
- General Ledger Insights Module: Uses Infor ION to automate control monitoring for the General Ledger process, flags unusual journal entries and inappropriate changes to the chart of accounts, and monitors high-risk configurations that directly affect financial statements.
- Payroll Insight Module: Monitors payroll data and transactions for control breakdowns and discrepancies; adds visibility and into employee, deduction, time and payment data; and helps protect against inadvertent errors, omissions, and policy non-compliance.
"Many organizations spend countless amounts of dollars developing and documenting their processes, policies and controls, yet have limited visibility into whether or not they are being followed or if they're effective," said Diane Johnson, industry and solution strategy director, Infor. "We continue to innovate and update our Infor Approva Continuous Monitoring solution because it helps our customers find and correct issues immediately, which is critical to remaining competitive in the marketplace."