Lumigent’s experts in audit and risk management will work in close collaboration with your business to deliver a compliance controls monitoring system that will run alongside your existing application, strengthening the integrity of its critical business reporting. Lumigent first identifies business processes and supporting controls, then creates a baseline so that any application changes will be immediately identified through its continuous control monitoring technology.

The AppGRC solution doesn’t just monitor controls — it IS the control monitoring system, capturing every change to the source data it monitors. With continuous monitoring, it can also assure that a report of “no change” is provable and persuasive, thereby satisfying auditors requirements.

Lumigent improves operational efficiencies and mitigates business and financial risk by providing complete visibility into application data activity.

AppGRC solutions are delivered in two phases. The first is a comprehensive evaluation of customer application and control monitoring requirements and the second is an implementation of the AppGRC solution. The AppGRC solution is configured to meet your organization’s unique controls and regulatory requirements. The business processes addressed by AppGRC can include financial accounting and reporting, purchase to pay, order to cash, fixed assets, inventory management, and manufacturing.

Key Benefits of enabling your business application with AppGRC:

• Reduced risk through increased fraud detection
• Informed decision making through greater information integrity
• Reduced expenditure through automated compliance