Keeping Construction and Engineering projects safe from fraud and error is a significant challenge.
From false overages on materials, inflation of time to complete, misstatement of project costs, the opportunities through the chain and process of these projects to commit fraud is everywhere.
Contractors or suppliers submit invoices for work or materials that were never actually provided, overstate the quantity or quality of goods delivered, or inflate prices for services rendered.
Similarly, when it comes to making payments, the opportunity for invoices to be sent to your organization that do not represent the actual delivered services or materials is a common fraudulent activity.
Without effective controls and reconciliation, your organization is left open to loss. These controls should consist of making sure that approvals for work, change and reconciliation of the project deliverable elements and payments are clearly segregated, and where necessary put through a workflow approval.
Seecuring is Security as a Service, combining Technology and Resources to help you identify and resolve access and identity problems, including:
* Analysis of access to the Sensitive and Critical elements of the Applications, both detective and pro-active.
* Segregation of Duties analysis and remediation.
* Review the impact of making changes to your security and make the right decisions to get your Controls and Configurations resolved.
* Assign actions to your team for fixing issues.
* Create exceptions to Violations, stored and ready to be reported on as part of your Access Certification - sometimes Users need to break the Rules and you will have compensating controls.
* Identify and work with you to create processes to manage Support and System/Power Users such as the Administrators.
There is no software to deploy or install, and our solution of Technology and Services is based on a Subscription so you know exactly what your costs are and the outcomes you can expect.
We support any application, including those for Engineering and Construction such as Buildpro, Oracle Primavera, Yardi, and many more. This is in addition to the major ERP applications such as Oracle ERP Cloud, E-Business Suite, JD Edwards, Netsuite, Workday, and more.
We have been working with ERP/HCM Applications since the early 2000's, and work with leading CPA's, Audit staff and Application specialists to deliver a complete solution.
Before you invest in expensive Software, why not look at GRC as a Service? Faster delivery, lower cost, and more than just reports on your issues - we help Organizations achieve their goals for Internal Controls.