Q Software & Smart ERP Solutions Announce Segregation of Duties Solution for PeopleSoft Enterprise

Add-on GRC Solution for PeopleSoft Smart SoD Enables Organizations to Diminish their Exposure to Fraud and Shrink Their Compliance Workload and Costs
By: Steve Davis
 
June 13, 2011 - PRLog -- Q Software Global Ltd, the leading provider of security, risk management and compliance solutions for Oracle ERP applications and Smart ERP Solutions®, Inc., a Pleasanton, California-based company comprised of former PeopleSoft Architects, Analysts, and Developers announce the immediate availability of Smart SoD, an add-on solution for PeopleSoft Enterprise that automates and simplifies the task of implementing and enforcing Segregation of Duties (SoD) policies.

Smart SoD gives PeopleSoft customers a user-friendly means to define their SoD rules, detect any violations that currently exist in the system so that they can be remediated, and enforce the rules to be applied when new users are added or responsibilities are changed. Mitigations can be applied to cater for temporary reassignment of duties or seasonal staff fluctuations.

Dashboard analytics are also provided to facilitate drill-down query and reporting, providing fast access to information required by internal or external auditors. This will greatly reduce the workload of performing or preparing for audits.

Research by the Ponemon Institute LLC, in “The True Cost of Compliance,” its Benchmark Study of Multinational Organizations in January 2011, indicates that organizations which conduct 5 or more audits per year reduce their non-compliance costs by an amazing 82%. The powerful capabilities of Smart SoD make it feasible to conduct frequent audits and benefit from huge cost savings.

“We are delighted to introduce this latest product to our family of Smart Solutions” said Doris Wong, CEO at SmartERP. “Like other ERP applications, PeopleSoft has its own unique embedded security model that controls access to every aspect of the application. Effective SoD is then best performed from within the PeopleSoft application itself, where the application access can be controlled and monitored directly. That’s why we designed Smart SoD as an add-on solution that is embedded within the PeopleSoft application.  This enables us to provide effective SoD in a matter of days, not weeks or months, since hundreds of pre-built rules expressly designed for PeopleSoft applications and their unique security model are provided out-of-box.”

“Smart SoD is a great addition to Q Software’s range of GRC solutions, which helps customers to strengthen their business controls whilst driving down their costs of compliance,” said Mike Ward, Managing Director of Q Software Global Limited.

SmartERP Solutions will showcase Smart SoD, along with the rest of their Smart Solutions, at the HIUG Interact 2011 Conference, in Scottsdale, AZ from June 12-15 and at the OHUG 2011 Global Conference in Orlando, FL from June 20-22.

Trademarks
Oracle, JD Edwards, PeopleSoft and Oracle E-Business Suite are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

# # #

About Q Software Global Limited
Q Software Global Limited is a global Oracle Gold Partner based in the UK, focusing on security and Governance Risk and Compliance (GRC) for Oracle ERP Applications (Oracle JD Edwards EnterpriseOne, Oracle JD Edwards World, Oracle PeopleSoft and Oracle E-Business Suite). Since 1996, they have developed and implemented security & compliance solutions for over 250 customers worldwide. For more info call +44 (0) 1483 280400 or visit http://www.qsoftware.com

About Smart ERP Solutions, Inc.
Smart ERP Solutions® is a Pleasanton, California-based Oracle Platinum Partner comprised of some of the best former PeopleSoft Architects, Analysts, Developers and industry specialists. They are dedicated to providing innovative add-on solutions for their clients, designed to automate and streamline PeopleSoft applications including Segregation of Duties and Employee Onboarding. For more info call +1 (925) 271 2000 or visit http://www.smarterp.com.
End
Source:Steve Davis
Email:***@qsoftware.com Email Verified
Zip:RH5 6SX
Tags:Peoplesoft, Segregation Of Duties, SoD, Grc, Compliance, Fraud, Security, Risk Management, Audit
Industry:Technology, Software, Business
Location:Dorking - Surrey - England
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Q Software Global Ltd PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share