Approva Named ''Cool Vendor'' by Leading Analyst Firm; Vendor Selection Based on How Innovative, Impactful and Intriguing They Are.VIENNA, Va. -- Approva Corporation, the leader in enterprise controls management software, today announced that it has been included in the list of "Cool Vendors" in the "Cool Vendors in Security and Privacy, 2005" report, published March 28, 2005, by Roberta J. Witty wit·ty adj. wit·ti·er, wit·ti·est 1. Possessing or demonstrating wit in speech or writing; very clever and humorous. 2. , et al of Gartner, Inc. The Cool Vendors in Security and Privacy, 2005 report describes vendors who provide solutions to support a range of security-based challenges. Approva provides solutions for two of the primary challenges -- regulatory compliance and role-based access control The identification, authentication and authorization of individuals based on their job titles within an organization. Contrast with mandatory access control and discretionary access control. See least privilege. . Approva helps leading companies worldwide address and automate To turn a set of manual steps into an operation that goes by itself. See automation. these security and compliance challenges with easy-to-use solutions for security professionals, auditors AUDITORS, practice. Persons lawfully appointed to examine and digest accounts referred to them, take down the evidence in writing, which may be lawfully offered in relation to such accounts, and prepare materials on which a decree or judgment may be made; and to report the whole, together , and business process managers. "We are delighted to be recognized as a "cool vendor" by Gartner," 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. "We feel this confirmation by Gartner demonstrates the strength of Approva's product offering and our continued momentum in the marketplace. Gartner is the preferred provider of IT research for many of our customers, and we believe this recognition of our viability gives our customers even more confidence in working with us." 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. The Approva BizRights solution is unique in not only helping organizations comply with federal mandates, but also enabling these efforts to be parlayed into overall business process improvements. 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 Gartner's Cool Vendors Selection Process Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability mer·chant·a·ble adj. Suitable for buying and selling; marketable. mer  chant·a·bil or fitness of a particular purpose. Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing in·trigue n. 1. a. A secret or underhand scheme; a plot. b. The practice of or involvement in such schemes. 2. A clandestine love affair. v. , have caught Gartner's interest or curiosity in approximately the past six months. 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 optimize - optimisation related processes. BizRights provides continuous, independent visibility into 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. 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. |
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