Risk Management Cloud

AI-Driven Security, Audit, and Fraud Monitoring

Use Oracle Risk Management Cloud with embedded AI techniques to automate advanced analysis for ERP role design, segregation of duties (SoD), data privacy, and prevention of financial fraud.

Give your team more financial oversight and allowing for faster solutions to the latest compliance and process issues. Protect your company from fraud and error with advanced best practice controls and new audit rules to minimize false positives. Designed to meet the changing needs of your business over time, Oracle Risk Management Cloud delivers scope controls and advanced planning tools for evaluations across business units.

Secure Role Design

Speed Up ERP Implementation

Help ensure audit readiness by confirming optimal roles prior to going live.

Build Job Roles Without Inherent Risk

Run analysis as you configure custom roles. Avoid time-consuming user acceptance testing (UAT) issues and costly audit findings post go-live.

Configure Models and Start Using Results in Hours

Choose from more than 100 prebuilt, configurable security rules and run analysis as you configure custom roles.

Deep Access and SoD Analysis

Automate Fine-Grain Security Analysis

Automate access and SoD controls to prevent fraud and access violations. Meet SOX testing requirements for ERP and SCM cloud.

Accelerate Security Implementation

Accelerate deployment of application security using a prebuilt library of access and SoD controls based on industry best practices.

Enforce Configured Access Controls After Go-Live

Leverage deployed controls for continuous monitoring of access and SoD.

Design New Access Controls

Design new access controls using a visual editor. Monitor more than 6,000 access points in Oracle ERP Cloud and Oracle SCM Cloud.

Streamlined User Access Certification

Meet the SOX Certification Requirement

Certify user access to sensitive data and functions for SOX compliance using simple workflows for easy review and approval.

Scope Sensitive ERP Roles and Users for Approval by Process Owners

Approve, remove, or investigate users with high-risk access.

Replace Spreadsheet- and Email-Based Compliance Tasks

Use simple workflows to approve, remove, or investigate users with high-risk access.

Automated ERP Configuration Audit Controls

Automate Risk-Based Change Tracking

Continuously monitor for ERP master data changes to detect security risks and breaches.

Leverage Library of Best-Practice Controls

Accelerate deployment by configuring prebuilt controls based on industry best practices. Configure more than 200 prebuilt controls across accounts payable, accounts receivable, and general ledger.

Author New Audit Rules and Algorithms

Design new controls using integration with more than 1,300 ERP data elements and visual editing. Model results and simulate changes to minimize false positives.

Advanced Transaction Controls

Automate Analysis of ERP Data and Transactions

Analyze all ERP data across setups, users, roles, and transactions. Continuously monitor ERP processes such as accounts payable, accounts receivable, and general ledger to reduce cash leakage, errors, and violations.

Use AI to Detect Anomalies and Discover Emerging Risks

Eliminate time-consuming and error-prone manual data extraction, uncontrolled scripts, and ad hoc analysis for more reliable control monitoring.

Accelerate Deployment with Configurable Best Practice Controls

Leverage more than 100 prebuilt controls to monitor all ERP transactions.

Streamlined Internal Controls and SOX Compliance

Connect Business Results to Risks

Establish and update your risk and controls matrix and control test plans and instructions.

Promote a Risk-Aware Culture

Engage process owners in risk detection, remediation, and controls assessment. Automate periodic or ad hoc control testing, risk assessments, or surveys to ensure timeliness.

Remediate Issues and Certify with Confidence

Report issues as part of the assessment flow and automatically notify issue owners and approvers. Create and update remediation plans and certify controls (for example, SOX, 302, and 404).

Enterprise Risk Assessments

Identify Material Risks in Your Enterprise

Calculate inherent risk using likelihood, impact, and analysis models.

Evaluate and Remediate Enterprise Risks

Evaluate risks using context models to determine an action: accept, monitor, or treat. Perform residual risk analysis after controls are applied.

Schedule Risk Assessments

Run periodic risk assessments for analysis and evaluations.

Integrated Reporting, Dashboarding, and Exception Management

Utilize Reporting and Dashboarding

Use standard built-in platform capabilities (Oracle Transactional Business Intelligence) for reporting and dashboarding.

Analyze, Investigate, and Prevent

Assign owners to drive analysis and investigation and proactively prevent incidents.

Efficiently Manage Exceptions

Manage exceptions using simple workflows and minimize manual intervention with intelligent automatic closure of conflicts.

Accelerate Audits and Assessments

Build an audit trail by linking analysis and investigations of exceptions to documented business risks for expediting assessments.