Rookery Software and FulcrumWay Announce Strategic Alliance

Rookery Software and FulcrumWay Announce a Strategic Alliance to Meet the Growing Security and Risk Management Demand by Oracle Customers
By: FulcrumWay and Rookery Software
LONDON - June 30, 2015 - PRLog -- FulcrumWay, a leading provider of risk based enterprise controls management solutions, and Rookery Software, author of the award winning Oracle E-Business Suite configuration management software ConfigSnapshot announced today, at the UK Oracle Users Group Applications Innovation Day, a strategic alliance to provide application security and controls solutions to Oracle E-Business Suite Customers.  The combined solutions will enable Oracle customers to download Oracle EBS Access and Configuration Controls from the FulcrumWay SmartCloud™ directly into ConfigSnapshot software to detect security policy and control violations. In addition, Oracle customers will be able to access risk remediation and mitigation advisory services to ensure compliance with business policies and regulations such as Sarbanes-Oxley, Dodd-Frank, PCI, FCPA and UK Bribery Law.

ConfigSnapshot software is widely used by Oracle customers around the world to monitor configurations during implementation, upgrade, deployment and maintenance of Oracle E-Business Suite.  The product is designed to document, analyze, compare, monitor, plan, migrate and track configuration changes in Oracle E-Business Suite.  The latest release of the product also enables the customers to test access controls such as Segregation of Duties.

FulcrumWay SmartCloud™ is the largest online database of risks and controls for E-Business Suite and other ERP systems. The SmartCloud services include inherent enterprise system risks in key business functions including financial reporting, distribution, supply chain planning, and human resource management enabled by enterprise system such as Hyperion, Oracle E-Business Suite, PeopleSoft, and J D Edward. Business Executives, Process Owners, IT Application Managers and Auditors can access SmartCloud to assess risks and select mitigating controls from a catalog of over 1,000 controls to reduce risk in significant business cycles like Account-to-Report, Procure-to-Pay, Order-to-Cash, Hire-to-Retire and Design-to-Release.

“Many organizations have been seeking affordable and reliable ways to segregate access controls and embed mitigating controls into their ERP Systems to prevent operational waste, regulatory penalties, and financial fraud,” said Jane Jones, Director of Global Channel Sales and Alliances at FulcrumWay and a ten year GRC industry veteran. She added, “In the early days, our customers needed to deploy controls and were hampered by the cost and complexity of implementing such controls. With an integrated offering between Rookery Software’s ConfigSnapshot and FulcrumWay’s SmartCloud that is now available for the Oracle E-Business Suite, we can help overcome this challenge by providing complete control coverage in just a few days at a fraction of the cost. We look forward to continue working closely with Oracle customers and the ConfigSnapshot team to reduce enterprise risk for our customers.”

“We are excited about this partnership which now enables our customers to instantly access a comprehensive catalog of segregation of duties controls to reduce their application security risks.  Furthermore, our customers are able to leverage their investment to extend our configuration management application to provide automated controls that mitigate business risks,” said Andy Harriss, Director of Rookery Software.

About FulcrumWay

FulcrumWay is a leading provider of risk based enterprise controls management solutions that help organizations leverage enterprise management applications to gain strategic opportunities through reliable, rapid and easy access to the largest ERP Controls Catalog available in the cloud.  FulcrumWay’s ERP Controls expertise, proven methodology, and integrated controls management services enable organizations to leverage information technology investment and turn enterprise risk into improved business performance. FulcrumWay is a privately held corporation, serving clients in North America with a regional presence in California, New York, and Texas, as well as clients in Latin America, Europe, Middle East, Africa, and Asia through regional representatives and technology solution center in India.

About Rookery Software

Rookery Software is the author of ConfigSnapshot, the most comprehensive and flexible configuration and lifecycle management software available for the Oracle® E-Business Suite. Covering all versions of the E-Business Suite from 11.0.3 to the latest 12.2.4 across more than 130 modules and technical areas, ConfigSnapshot assists end users, implementers and managed service organizations worldwide to reduce time, reduce errors, reduce cost and reduce risk throughout the full E-business suite life-cycle. Rookery Software is a privately held corporation serving clients worldwide.

Gabrielle Grove
Source:FulcrumWay and Rookery Software
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Tags:Oracle, Cloud Security, Grc, Risk Advisory
Industry:Software, Technology
Location:London City - London, Greater - England
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