Sunday, July 02, 2006

Reducing the Cost of Compliance by Automating Controls Monitoring & Testing - A Case Study


Increased scrutiny by boards and audit firms in recent years has dramatically increased the time and costs required to prepare for and support audits. With the scope of audits continuing to increase and deadlines perpetually immovable, most companies throw bodies at the task to ease the burden. The result is skyrocketing audit costs and decreased focus on your employees' primary responsibilities as they are pulled away from their task to support urgent tasks to meet audit deadlines.

This Webcast presents a case study of how UGS Corporation (www.ugs.com) reduced the cost of compliance and streamlined their audit preparation by implementing a controls automation and monitoring solution from Approva Corporation. UGS was able to meet an aggressive timeline for identifying, remediating and testing their ERP access controls and implement a continuous auditing solution that enables their business, finance, IT and audit groups to work together more effectively.

See full Article.