Is your SAP risk analysis making you question your existing SAP authorization structure?
Are your user roles overused/exhausted with critical authorizations and SoDs?
It’s time to give ToggleNow a call and get into action!
Even today, around 47% of SAP customers are not using the right mechanisms to detect and manage risks in their SAP systems.
ToggleNow’s Verity is a product designed to help you efficiently manage Segregation of Duties (SoD) and deal with risk situations at the authorization level. With Verity, it becomes easy to detect and control SoD implications as well as handle even the most critical risks with great ease.
Verity also provides an option to simulate assignments, helping your organization evaluate risks much before they actually occur. In this way, you are free from overused and exhausted user roles that may arise with critical authorizations and Segregation of Duties (SoDs).
Features of Verity
Risk Identification
Verity facilitates SAP risk analysis on the basis of standard rulebooks. Custom rulebooks can be added to suit audit requirements, or for easy identification of SoDs and critical risks in transaction codes, authorization objects, and other areas of concern.
Risk Management
Verity helps organizations with execution of effective risk management activities at both the user and the role levels. It offers the option to create and manage mitigation controls within the organization at the business process and sub-business process levels.
Risk Monitoring
Verity comes with an in-built unique Alert Monitor which sends notifications to key monitors when critical transaction codes that are mitigated are being executed. Through this feature, the alerts can be easily reviewed and approved by business process owners.
Why Choose Verity?
Industry-standard Rulebook
Verity rulebook supports industry recommendations and complies with industry standard risks. Further customizations can also be made with ease.
Highly Customizable Solution
Verity’s rulebook can be customized for individual systems such as SAP ECC, SAP HR, and SAP IS Utilities (Public and Energy Sectors).
Easy Generation of Risk Matrices
The “Risk Matrix” feature in Verity enables the one-click generation of matrices that are ready for review during the critical audits.
Automated Reporting
Verity comes with over 10 different reporting formats and also provisions the additional creation of reports with a customized set of fields.
Well-defined Risk Mitigation
In just a few clicks, existing or new mitigations can be selected and assigned to a specific mitigation control or user.
Compliance with Laws
In addition to efficiently managing large volumes of users and roles, Verity helps you stay compliant with various laws, including SoX, JSoX, SEBI Clause 49, and so on.
Here is a quick comparison
| Manual | Other Risk Analysis Products | Verity | |
|---|---|---|---|
| Product Licensing Costs | No costs | Very High | Very Low |
| Hardware Requirement | No costs | Around $4,000 to $10,000 | No additional hardware required |
| Implementation Costs | No costs | Very High (Depends on the implementation partner) | Very Low |
| Manual | Other Risk Analysis Products | Verity | |
|---|---|---|---|
| Risk Analysis Simulation |
 Not possible
|
 Available
|
Available
|
| Mitigating (Internal) Control management |
Manual
|
Completely automated
|
Completely automated
|
| Risk Matrices |
Manual
|
Not possible
|
100% Automated
|
| Risk Execution Monitoring |
Manual
|
Partially Automated
|
Automated
|
| Rule Books |
Business Specific Rule Books
|
Industry Recommended Rule Books
|
Industry Recommended Rule Books
|
| Enhancements to Rule Books |
Manual and tedious task
|
Simple and Quick
|
Simple and Quick
|
| Reporting |
Manual
|
Automated
|
Automated
|
| Additional Reporting |
Manual
|
Complex to enhance
|
Easy to enhance
|