Improve security and mitigate risk across the enterprise
Application Lifecycle Management – Configuration Monitor
Application Lifecycle Management is an IT Governance practice to control the implementation, deployment and maintenance of software applications. ALM includes all phases of the application phases including requirements definition, solution design, configuration management, customizations, testing, maintenance, change management, integration, project management, and release management.
As businesses extend processes globally, enabled by ERP applications, the management of IT Controls across various sites is difficult and resource-intensive for large enterprises. SafePaaS provides a centralized Cloud based IT Controls platform which includes application change management services that improve security and configuration controls for system maintenance at a relatively low cost. In addition, application deployments to new business units, release updates and even re-implementations of various applications can be tracked for quality assurance and risk mitigation, which enhances the business results and response time.
Reduce Application Management Costs and Monitor IT Controls
SafePaaS Configuration Monitoring enables you to mitigate financial and operational risks by ensuring accuracy, and consistency of application configurations required for processing business transaction within your ERP system.
You can monitor the accuracy of system configuration by benchmarking the setups against the SafePaaS Controls Catalog, which contains thousands of critical configuration descriptions and recommended options. You can also detect system misconfigurations against the baseline setup for each ERP module approved by management.
ensure consistency of ERP configuration
Configuration Monitoring ensures the consistency of ERP configurations by identifying variations in setups that often occur in ERP systems simply because the user changes key setup values such as Journal source for posting entries in the General Ledger or setup parameter for 3-way match in Payables module. Configuration Monitor can also help maintain timeliness of application setup changes required when you upgrade the ERP system or deploy to new business units.
You can create monitors that track changes across multiple database objects and provide business-friendly reports and closed-loop workflows on configuration changes that impact business. This enables business control owners to respond to risk events by understanding the impact of the configuration change in the EPR system based on a clear description of the control objective.
Ensure integrity of business application configuration
Monitor IT General Controls (ITGC) change management policies
Reduce Application Lifecycle Management costs
Assess business process risks based on ERP configuration controls
Detect violations of IT change management governance policies
Mitigate risks of inaccurate, inconsistent and untimely configuration management