May 06, 2009 07:00 AM Central Daylight Time

FulcrumWay Introduces Industry’s First Application Risk Assessment Service for Oracle ERP Customers at Oracle Application Users Group (OAUG) Conference

ORLANDO, Fla. -- FulcrumWay (www.fulcrumway.com), the leading Governance, Risk and Compliance (GRC) solutions provider for Oracle customers, “Rising Star Partner” and sponsor of the annual OAUG conference, today introduced the industry’s first online Application Risk Assessment Service. This new service enables ERP customers to detect gaps in internal controls, analyze Segregation of Duties violations, benchmark configurations, examine suspicious transactions and review financial close controls. Enterprise customers immediately access FulcrumWay’s online risk assessment services to submit ERP information and download reports over a secure network using an internet browser.

“Application Risk Assessment is more important than ever,” according to Lane Leskela, FulcrumWay Client Director, Software Selection and Risk Assessment. “Thousands of companies regularly analyze their exposure to Fraud, Financial Misstatements, Credit, Markets, etc. During my fifteen years as a Gartner IT analyst and GRC marketing professional, companies have relied on costly, incomplete manual risk assessments. Without automation, the expense and effort required to assess enterprise risk prevents many companies from improving their risk management capabilities.”

“With FulcrumWay risk assessment services, organizations and their auditors are able to proactively manage risk and improve controls while reducing costs,” said Jane Jones, FulcrumWay Business Development Manager. “We see significant interest in our risk management services as organizations look for cost-effective risk and controls management solutions in this tough economy. We deliver results rapidly and easily as FulcrumWay risk and compliance services include risk likelihood and impact information that customers need to improve their controls. Customers can sign up for our risk advisory services to streamline and automate risk and compliance management processes and augment internal staff.”

For more information about FulcrumWay Application Risk Assessment or any of our GRC software services and solutions, please visit our website or call 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.

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Fulcrum Information Technology