San Francisco, California – June 3, 2009 - FulcrumWay (http://www.fulcrumway.com), the leading provider of Governance, Risk and Compliance (GRC) Expertise, Solutions and Software Services for Oracle enterprise customers, and Oracle Corporation (http://www.oracle.com), the global leader in enterprise software, today presented "Risk Management from Strategy to Success" to a diverse online audience of risk and technology managers.    

During today’s webcast, a number of key business performance issues were covered.  Primary themes included a discussion of the continued financial control and reporting challenges for many organizations. In addition, the processes associated with financial governance and financial risk management were detailed. A key point involved the automation of financial close procedures and access controls, with three FulcrumWay case studies provided to illustrate specific examples of the business value provided by controls automation. In conclusion, Oracle solutions - including Governance, Risk and Compliance Manager (GRCM) and Governance, Risk and Compliance Intelligence (GRCI) - along with FulcrumWay’s 360-degree Risk Assessment services were highlighted.

Summarizing the focus of today’s webinar, FulcrumWay Client Director Adil Khan said “we see that many organizations are trying to maintain effective and sustainable Governance, Risk and Compliance (GRC) management while reducing their costs. But significant gaps remain as risk assessments are often not aligned with financial performance objectives. Many internal audit activities are focused on low value areas and the use of automated tools to improve efficiency and effectiveness is limited. However, organizations have an opportunity to improve their risk management capabilities by automating manual tasks, increasing efficiency and reducing costs.” 

Adding to these comments was Oracle presenter Steven Walsh, Vice President of Oracle Governance, Risk & Compliance solutions. According to Steven “In today’s challenging economic climate, organizations need to better understand the risks that threaten financial and operational objectives. Executives are asking for better and timelier information to help them react quickly in a rapidly-changing business environment. By combining financial measures into formulas for rating risks, companies can quickly identify the material risks that represent their most significant financial threats.”

For a limited time, you can receive a free copy of this exceptional presentation. In addition, you may qualify for a FREE FulcrumWay 360^o Risk Assessment for your company! To receive the presentation and for more information about our free offer - or any FulcrumWay software services and solutions - please visit http://www.fulcrumway.com/free-live-demo or call us at 1-866-5-Fulcrum.

About FulcrumWay

FulcrumWay’s GRC domain expertise, proven solutions delivery methodology and integrated software services platform enables organizations to leverage information technology investment and turn governance, risk and compliance challenges into better business performance. FulcrumWay is a privately held Delaware corporation, serving clients in North America with a regional presence in California, New York, and Texas, as well as clients in South America, Europe, Middle East, Africa, and Asia with international presence through a partner network and technology solution center in India.

Contacts

Fulcrum Information Technology

Jane Jones

214-697-3437