Oracle Configuration Controls Governor for your Set-up needs
How do you verify that Oracle Applications set-up standards are being consistently applied across organizations? How do you monitor that approval controls and financial limits are changed only when properly authorized? How do you determine why functionality works in one instance but not in another? How do you ensure your set-ups are defined consistently across instances when changes are propagated? How do you automate SOX and other audit or regulatory compliance requirements? How do you manage the changes required for new rollouts, business organizations, or version upgrades? How do you provide time stamped documentation of application setups? How do you identify what changed when errors occur?
If your answer to one or more of the above questions is yes, then there is a ready solution available in the market. Oracle Configuration Controls Governor from the Governance, Risk and Compliance suite of Oracle products caters to the above problems. The four primary functions of the product are:
(1) Snapshots which automate time-stamped documentation of key controls across all Oracle Applications modules
(2) Comparisons which determine what is different when problems occur, verify what has changed after project activity. Monitor consistency of controls across Instances, Versions, Points in Time, Operating Units and Sets of Books
(3) Change Tracking which automates real-time monitoring of key controls in Oracle and ensures visibility and integrity of controls over a period of time
(4) Migration which increases system integrity and operational efficiency by automating setup propagation
The initial product was named as Integra Apps which was developed by Applimation, a NYC based company. Integra Apps Product Family had 4 Modules: Apps, Access, Transaction and Codebase. Integra Apps was bought by Logical Apps in Feb, 2007 while Logical Apps was bought by Oracle in Oct, 2007. The product family has been rechristened under Oracle’s Governance, Risk and Compliance Suite.
With so much attention being paid to SOX compliance, this is a product to look out for.
