WALLDORF, Germany, Oct. 5 /PRNewswire/ -- Waters Corporation is a $1.6 billion organization that for more than 50 years has developed innovative analytical technologies that support scientific laboratories in their discoveries, operations, performance and regulatory compliance. In need of a more efficient way to manage segregation of duties (SOD) and overall access risk, Waters turned to governance, risk, and compliance (GRC) solutions from SAP AG (NYSE: SAP) to streamline processes and phase out redundant systems.
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With two divisions and operations in 27 countries, Waters needs to manage access risks spanning security, finance, operations, regulatory compliance and access to sensitive information. Waters must also comply with the SOD requirement of the Sarbanes-Oxley (SOX) Act, which enforces appropriate levels of checks and balances for any one person to complete all the steps of a specific business process to avoid fraud and errors.
With GRC solutions from the SAP® BusinessObjects™ portfolio and implementation assistance from EnCrisp, an INC 5000 Award winner and SAP partner specializing in GRC and security design, Waters now has the tools it needs to address all the different forms of access risk it faces and achieve faster, easier compliance with legislation like SOX. As a result, the company has reduced system violations regarding SOD and information access by more than 99 percent. It has also mitigated 85 percent of key SOD and access risks, and is on track to mitigate or remediate the rest.
Follow SAP BusinessObjects on Twitter at @businessobjects and follow SAP on Twitter at @sapnews. Follow EnCrisp on Twitter at @EnCrispGRC.
Media Contacts: |
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Scott Behles, SAP, +1 (917) 494-2009, [email protected], EDT |
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Jeff Shadid, Burson-Marsteller, +1 (214) 224-8419, [email protected], CDT |
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Amishi Bhagat, EnCrisp, +1 (703) 424 -7615, [email protected], EDT |
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SOURCE SAP AG
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