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Approva BizRights Software Offers Verify-on-Demand -- Industry's First Instant and Non-Intrusive Controls Verification.


VIENNA, Va. -- BizRights is Only Solution to Allow Instant Verification of Corporate Controls Without Losing Audit Independence or Compromising ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  Application Performance

Approva(R) Corporation, the leader in enterprise controls management software, today introduced a new version of its BizRights(R) software that includes Verify-on-Demand capabilities. With it, BizRights now offers the industry's only instant insight into the impact of authorization change requests against live data without risk of compromised controls or degraded de·grad·ed  
adj.
1. Reduced in rank, dignity, or esteem.

2. Having been corrupted or depraved.

3. Having been reduced in quality or value.
 application performance. The Verify-on-Demand capability allows authorized users authorized user Radiation physics A person who, having satisfied the applicable training and experience requirements, is granted authority to order radioactive material and accepts responsibility for its safe receipt, storage, use, transfer and disposal  to simulate and validate change requests using the freshest possible data while insulating SAP systems from everyday controls management queries.

For companies whose ERP systems have frequently changing authorization models, this new capability helps them manage ongoing change requests while ensuring that new controls violations are not introduced. Unlike intrusive query tools, Verify-on-Demand from Approva maintains the independence of audit from the production system and ensures that system performance is not jeopardized.

"The on-demand model is ideally suited for Enterprise Controls Management software," said Prashanth (PV) Boccasam, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Approva. "With Verify-on-Demand, BizRights lets auditors and security managers instantly access relevant ERP information to ensure that proposed change requests will not result in controls violations. But because BizRights remains independent from the underlying ERP systems, it still insulates these mission-critical production systems from the strain of constant user requests."

In addition to Verify-on-Demand, BizRights Version 2.3 includes expanded rule management capabilities, allowing users to target BizRights analysis to a specific set of rules. While other products base their rules on arcane ar·cane  
adj.
Known or understood by only a few: arcane economic theories. See Synonyms at mysterious.



[Latin arc
 database tables with thousands of rows of ERP-centric codes, BizRights organizes its controls into functional rules and rule books that are recognizable and intuitive to business managers and process owners The process owner is the person who co-ordinates the various functions and work activities at all levels of a process. This person might have the authority or ability to make changes in the process as required, and manages the entire process cycle to ensure performance . This allows users to focus only on the relevant controls and violations for their business area, enabling faster resolution of issues and more cost-effective controls reviews.

BizRights version 2.3 includes broad enhancements to the reporting capabilities with flexible subscriptions for personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 information delivery and archiving for permanent audit records. Using the Microsoft SQL SQL
 in full Structured Query Language.

Computer programming language used for retrieving records or parts of records in databases and performing various calculations before displaying the results.
 Reporting Services (SRS SRS, SRS-A

see slow-reacting substance.
) engine, BizRights allows users to subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day"
subscribe, take

buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company";
 specific reports based on their own customized criteria and delivers only the most relevant insight without requiring constant analysis. Archiving capabilities have also been enhanced with the ability to save reports in permanent PDF files See PDF. , creating an audit-ready record of important documents, such as violation reports and remediation logs.

To gain maximum value, many industry leaders are now urging companies to look for business and process improvement, while meeting legal and regulatory mandates, to maximize return on investment. BizRights is unique in not only helping organizations comply with federal mandates, but also enabling these efforts to be parlayed into overall business process improvements. Concluded Boccasam, "Approva software is built from the ground-up as a business-friendly solution and is the only tool that can serve organizations who demand that compliance spending also provide comprehensive performance management improvements."

About Approva Corporation

Approva Corporation enables large organizations to transform compliance efforts into competitive advantage. By offering unique, continuous and actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action.

An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it.
 insight into business processes, Approva software provides sustainable compliance and delivers improved control, increased profit and enhanced shareholder confidence. The patent-pending Approva BizRights(R) platform is the first product to allow all corporate compliance stakeholders Stakeholders

All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
 - including business managers, auditors, and information technology specialists -- to collaboratively manage controls and optimize related processes. BizRights provides continuous, independent visibility into ERP activity, producing business-friendly reports that both business and IT managers can act upon. The software correlates user, transaction and system setting data against pre-defined and configurable rules to proactively pinpoint control violations and business exceptions. Valuable risk analysis ranks the impact of potential violations for improved prioritization. With BizRights, companies can resolve issues faster, prevent new control conflicts and create complete audit trails for change management. Global brands such as Colgate-Palmolive, Wrigley, Pratt & Whitney and others are reducing the cost of compliance, minimizing business risk and increasing operational efficiency with Approva solutions. For more information, visit us at www.approva.net.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 15, 2005
Words:665
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