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Approva Rolls out New Risk Oversight Options

Approva has launched a new version of its BizRights Platform and Controls Intelligence Suite

By Staff Writer | Updated on May 19, 2008

Approva Corp. launched Version 4.1 of its BizRights Platform and Controls Intelligence Suite, its fastest and most scalable predictive control engine to date. The platform allows a user to continuously monitor, test and analyze a risk control for any business process, “providing a plug-and-play feature for controls testing,” explains Steve Elliot, Approva’s CTO and senior vice president of products. BizRights works by tracking segregation of duties (SoD) conflicts, which arise when unauthorized individuals access an off-limits part of an ERP system. “Some SoD requirements are related to fraud [and] some are to make sure that the system is clean, that someone can’t go in and do something that ruins data,” says Elliot.

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