Katina Fisk

Approva

About Us

Company Overview

Approva® is the leading provider of continuous controls monitoring software and is the industry standard for three of the five largest audit and advisory firms. We automate both IT and financial controls for all of the major applications companies rely on to run their business, including Oracle, PeopleSoft and SAP. By using our software companies can reduce risk, prevent fraud, lower their compliance costs and identify areas of operational improvement.
Problems We Solve

Large companies and public sector organizations face increased scrutiny from regulators, auditors, shareholders and trading partners to certify the security, integrity and accuracy of their financial statements and sensitive information such as customer and employee data. To effectively respond to these needs, organizations must implement automated systems to identify, analyze and continuously monitor controls that govern how their IT systems are configured, who has access and what type of transactions they can execute. Approva is the leading independent provider of these software solutions.
Business Benefits

Using our solutions customers are able to gain an accurate and unified view of their enterprise-wide controls environment so they can reduce risk, accelerate the pace of operations and eliminate the burden of ongoing compliance obligations. Beneficiaries and users of the solution include the finance and various business organizations, IT, and the internal audit organization. Approva’s customers have experienced efficiency improvements ranging from 20% to 95% in all of the following areas.

* Loss resulting from fraud
* Time and expense required to prepare for audits
* Time to identify and remediate control violations
* Time and effort to provision users for applications
* Time and effort for manual review and testing of controls

Customers

Approva’s products are the industry standard for three of the five largest audit and advisory firms as well as approximately 200 of the world’s largest companies who rely on Approva to manage their controls. Selected customers include Bayer, DirecTV, Cameco, Canadian National Revenue Service, Honeywell, Kraft, Limited Brands, Northrop Grumman, Pratt & Whitney, Siemens and T-Mobile.