InFission has selected Oracle GRC Manager and Intelligence (GRCMI) application to support the risk assessment and control verification process based on GRCMI functionality to meet business requirements.
Oracle GRC Manager is a comprehensive enterprise risk management application that offers web-based risk and compliance management features. The module can be used by executives, controllers, internal audit departments, and public accounting firms to document and test internal controls and monitor ongoing compliance.
With Oracle GRC Manager, InFission can increase internal control management efficiency, improve risk assessment confidence, and lower external audit verification costs. You can use the application's intuitive workbench to organize, execute, and manage audit activities, which can be similar to the following:
Define standard business processes
Set up risks to which processes are exposed