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.

BizRights 4.1 was developed with Oracle E-Business Suite and PeopleSoft Enterprise users in mind, observes Elliot, “although it can be used by any ERP system that tests financial data.” For example, BizRights users can now perform their analysis while accounting for additional security options provided in Oracle E-Business Suite Release 12. Users of PeopleSoft Enterprise Release 9.0 also gain extended support from BizRights 4.1.