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 

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.

Contacts

Fulcrum Information Technology

2009 Gartner Risk Management and Compliance Summit