Infor Keeps Leading Organizations Compliant with Global Visibility
Infor Governance, Risk, and Compliance Continues to Help Mitigate Risks from Fraud to Overpayments
NEW YORK – May 15, 2019 – Infor, a leading provider of industry-specific cloud applications, today announced the availability of the newest iteration of cloud-enabled Infor Governance, Risk, and Compliance. The next-generation Infor GRC helps the Chief Finance Officers, Business Process Owners, Risk Officers, and Auditors monitor business processes and risks at a high level with the role-based homepages. Infor is able to help its customers enable timely identification of violations, which in turn can reduce the risk of fraud and help avoid inappropriate access rights.
“Every organization has multiple business processes such as procurements, payroll, benefits, and all cash processes, which have many points of failure and intervention, and could easily lead to fraud, inefficiency and lack of compliance,” said Manjunath Ganimasty, vice president, Infor. “We continue to develop Infor’s risk and compliance offerings so our customers can navigate risk in complex business environments with system-wide visibility, evaluation, and response. Infor GRC allows companies to address these key issues and better manage enterprise risks, such as regulatory developments, control failures, resource management, process standardization, and cost reduction, among others.”
Infor GRC is a comprehensive solution for enterprise risk management that helps private and public sector organizations monitor and analyze transactional and master data, as well as user access and application security data. Hosted on Infor OS, Infor GRC can receive data near real time and make it available for analysis to capture violations. With Infor GRC, insightful reports can be generated to document point-in-time information that might be helpful for audit purposes. Users also have access to a new way of provisioning a user using the improved Approval Process, which allows the Chief Information Officer to shift the burden of access control. Multiple users can be provisioned across multiple applications in the same user provision, and the risk of role assignment can be identified by simulating the assignment using the “what-if” feature.
For more information please visit: https://www.infor.com/products/risk-and-compliance
Infor is a global leader in business cloud software specialized by industry. With 17,300 employees and over 68,000 customers in more than 170 countries, Infor software is designed for progress. To learn more, please visit www.infor.com.
Infor customers include:
- 19 of the top 20 aerospace companies
- 9 of the top 10 high tech companies
- 18 of the 25 largest U.S. healthcare delivery networks
- 18 of the 20 largest U.S. cities
- 19 of the top 20 automotive suppliers
- 17 of the top 20 industrial distributors
- 15 of the top 20 global retailers
- 4 of the top 5 brewers
- 17 of the top 20 global banks
- 9 of the 10 largest global hotel brands
- 8 of the top 10 global luxury brands
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This announcement reflects the direction Infor may take with regard to the specific product(s) described herein, all of which is subject to change by Infor in its sole discretion, with or without notice to you. This announcement is not a commitment to you in any way and you should not rely on this document or any of its content in making any decision. Infor is not committing to develop or deliver any specified enhancement, upgrade, product or functionality, even if such is described in this announcement and even if such description is accompanied by words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “plan,” “project,” “predict,” “should,” “will,” and/or similar expressions. Many factors can affect Infor’s product development plans and the nature, content and timing of future product releases, all of which remain in the sole discretion of Infor. This announcement, in whole or in part, may not be incorporated into any contractual agreement with Infor or its subsidiaries or affiliates. Infor expressly disclaims any liability with respect to this announcement.
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