Segregation of Duties (SOD), Securing Sensitive Information, and Data Change Management Remain Top Priorities for Improving Internal Controls

LAS VEGAS--Time, onerous reporting requirements and issues of cost remain the primary burdens affecting support for corporate Governance, Risk and Compliance (GRC) initiatives, according to a report released by the Oracle Application User Group (OAUG) at their annual conference, Collaborate ’07. The survey, conducted by Unisphere Research and sponsored by LogicalApps, found that among the four hundred respondents, the top priorities for improving internal controls are Segregation of Duties (SOD), securing sensitive information, and data change management.

“Almost five years into Sarbanes-Oxley, we still see many organizations relying on manual controls, so it’s no surprise that the time dedicated to support compliance activities is the number one burden cited by the OAUG community,” said Carla Fitzgerald, senior vice president of Marketing at LogicalApps. “Fortunately, our customers have proven that compliance doesn’t have to be a business drain, but that by automating controls using embedded governance, business processes can improve and resources can be redirected to the actual running of the business.”

According to the survey, 51% of respondents indicate time as the main burden placed on them in supporting GRC initiatives. In organizations with more than 5,000 employees, 80% require four or more full-time employees to manage data compliance alone. 36% of respondents said that reporting is the biggest obstacle to effectively implementing GRC initiatives. Surveys of OAUG members have indicated that more than 40% are required to generate more than 100 reports per month for the business, mainly from financial and production systems.

Other findings from the survey respondents:

• 38% consider Segregation of Duties as their top priority for improving controls to meet GRC objectives
• 36% are focusing on data security and privacy as a key GRC priority
• 34% are concerned about a related issue, change management

The complete survey is available from the LogicalApps website or by emailing This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

More information about LogicalApps and demonstrations of the company’s products can be found at booth #124 in the Mandalay Bay Convention Center. Experts from LogicalApps will be presenting multiple educational sessions including:

• Put Governance in its Place: Your ERP
• Streamlining Your Financial Period Close
• Automated Internal Controls for Government Agencies
• Segregation of Duties: Beyond Provisioning to Real-Time Access Management

About LogicalApps

LogicalApps provides embedded governance software for enterprise applications. The company’s solutions enable organizations to manage risk, achieve compliance, and reduce costs by automating the real-time monitoring and enforcement of detective and preventive controls. Using LogicalApps’ solutions, business processes execute at optimal efficiency with increased integrity, improving overall company performance. LogicalApps, a privately-held company with headquarters in Irvine, California, has more than 300 blue-chip customers. For more information visit: www.logicalapps.com.