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Excellence in Compliance

Product: ComplianceOne

Product Description: The Virsa Continuous Compliance Suite provides companies with real-time risk assessment for complete, continuous, and effective internal controls compliance. The software provides the most comprehensive real-time monitoring and enforcement of application access and authorization controls across the enterprise, resulting in fast time to value and reduced cost of compliance. Virsa’s solution monitors access and authorization controls 24/7, even at the deepest system levels, identifies the root causes of any risks and offers a full set of solutions for complete and continuous compliance. In addition, the solution’s primary differentiator is that it stops violations before they occur.

Key Features & Benefits:

  • Real-time Risk Assessment: The suite assesses risk before migrating changes to the production system; tying risk analysis to transactions inside enterprise applications and preventing violations before they occur.
  • Cross Platform Compliance: It provides cross-enterprise access compliance by monitoring risk across multiple, disparate systems, including legacy applications. The suite adapts to clients’ IT landscape through the use of Web services.
  • Automated Risk Monitoring: Virsa baked in the best compliance practices, so customers can integrate real-time, automated risk monitoring in their operations. With compliance practices embedded in their businesses, clients can incorporate compliance management into the business process and turn accountability to business users; providing businesses with greater efficiency, effectiveness, and ROI.
  • Fast Time to Value: Since it was purpose-built to provide rapid and effective compliance, the products can be installed quickly and implemented within hours. The library of over 120,000 best-practice compliance rules and automated object-level rule building drills down on any control issue and addresses its root cause.
  • Reduces Compliance Costs: It lowers the cost by automating compliance tasks/processes for application access controls; eliminating slow, costly and error-prone manual labor. It cleans systems of access and authorization violations and keeps it clean through automated testing.

Highlights: Unlike competing solutions, Virsa prevents violations before they occur through real-time control monitoring instead of providing after the fact detection like some of the other solution providers. Virsa’s Continuous Compliance Suite also provides enterprise scalability by leaving the data where it is inside of the ERP system enabling it to scale up to even the largest enterprise deployments. Other providers require constant downloads from the ERP system and can’t scale to enterprise deployments. By leaving the data where it is, Virsa’s solution ensures maximum data integrity, whereas other solutions can introduce serious data integrity and security risks by requiring constant data downloads. Virsa’s Continuous Compliance Suite also drills down directly to the roots cause of compliance issues allowing immediate resolution and it has the lowest total cost since it leverages a businesses investment in software, hardware and personnel.

End-Users: The Virsa Continuous Compliance Suite is targeted towards publicly-traded companies. It is designed to restore confidence to the investor community, and is an essential solution for any company that wants to ensure executives don’t get penalized for violating mandates from the 2002 Sarbanes-Oxley Act.

Virsa Continuous Compliance Suite customers include over 300 of the world’s largest and best-known global enterprises, such as Cadbury Schweppes, General Mills, PwC and IBM (200 of those secured in 2005 alone). Virsa received major validation by being selected by Big Four auditor PricewaterhouseCoopers for its internal compliance use. With tens of thousands of users and thousands of business controls in their operational systems, many of these companies represent the most complex and demanding compliance environments in the world.

Virsa Systems
47257 Fremont Boulevard
Fremont , CA 94538 USA
Tel: 1-510-651-5990

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