The Software
Oversight Systems' software detects payments to suspicious vendors and alerts the proper authorities when insufficient people are involved in complicated business processes. An audit data warehouse extracts relevant data direct from the various source systems (e.g., ERP user account and transaction data, network account logs, security logs, and continuous controls monitoring logs, etc.) and is transformed into a standardized, or common, data model. The audit data warehouse and the associated analytics are placed on a separate server so that the analytics can evaluate each transaction in relation to all previous activities without impacting on the performance of the operational systems and its existing knowledge base (i.e., stored signatures covering errors, misuse, and fraud). If a transaction, or associated entity, is in violation of a given policy an exception is generated and the workflow system transmits the exception via e-mail, the user interface and periodic reports – depending on the operational requirements.
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