TMCnet News
TeraThink Corporation Completes First Ever Deployment of Infor™ Approva Continuous Monitoring Solution for GRC in the Department of DefenseRESTON, Va., and NEW YORK, April 21, 2015 /PRNewswire/ -- TeraThink Corporation, a provider of management and technology consulting services to the federal government, and Infor, the industry cloud company, announced today completion of the first ever successful deployment of Infor Approva Continuous Monitoring for Governance, Risk, and Compliance (GRC) in the Department of Defense for Washington Headquarters Service (WHS). WHS' Financial Management Directorate required a proactive audit readiness solution for their Enterprise Business Accountability System- Defense (EBAS-D). TeraThink was selected to design a commercial off-the-shelf solution to provide continuous monitoring of the EBAS-D Enterprise Resource Planning (ERP) system. Infor Approva was chosen for its ability to provide continuous monitoring of application security and transactions for Segregation of Duties violations and exceptions. Infor Approva is developed from inception to be extensible and highly configurable in order to integrate seamlessly into complex, multi-vendor ERP environments. The TeraThink WHS team was able to leverage deployment expertise gained at an architecturally similar civilian ERP to support WHS' "speed to capability" requirement. TeraThink was able to complete all design, installation, testing, and multi-phase deployment milestones in a matter of months, rather than the years typically required for GRC CM solutions. Benefits realized by WHS include:
"The ability to quickly and easily demonstrate compliance is critical for Federal organizations such as WHS and the DoD because citizens expect them to be accurate and transparent in terms of documenting internal processes and decision-making," said Wayne Bobby, vice president, Federal Solutions, Infor. "Infor Approva is built with industry-specific functionality for the federal government to help departments and agencies quickly identify the cause of exceptions, helping to mitigate risk and provide more detailed reporting for auditors." About TeraThink TeraThink Corporation, a Native American-owned firm, elite professional expertise and cutting-edge technology to be the premier provider of financial management, audit readiness, audit compliance, ERP integration, enterprise solutions, and program management to the Federal Government. Headquartered in Reston, Virginia, TeraThink has been recognized four consecutive years on Washington Technology's Fast 50 List and six consecutive years on Inc 500/5000. For additional information, please visit www.terathink.com. About Infor Infor is fundamentally changing the way information is published and consumed in the enterprise, helping 73,000 customers in more than 200 countries and territories improve operations, drive growth, and quickly adapt to changes in business demands. Infor offers deep industry-specific applications and suites, engineered for speed, and with an innovative user experience design that is simple, transparent, and elegant. Infor provides flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both. To learn more about Infor, please visit www.infor.com. For More Information Tom Byers, CPA CONTACT Logo - http://photos.prnewswire.com/prnh/20131009/PH94723LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/terathink-corporation-completes-first-ever-deployment-of-infor-approva-continuous-monitoring-solution-for-grc-in-the-department-of-defense-300069449.html SOURCE TeraThink Corporation |