Logical Apps

Description

With every corporate scandal or headline holding executives accountable for misused customer data or financial fraud, complying with evolving government regulations becomes a more critical and a more complex challenge. Companies are spending millions of dollars to comply with regulations such as Sarbanes-Oxley Section 404 and OMB A-123, most of it on staff time to manually detect and remediate policy violations. In an ideal world, enterprise applications would include built-in rules that prevent employees from processing unsigned requisitions, violate the proper segregation of duties or inappropriately change critical financial information. This "embedded governance" would help ensure continuous regulatory compliance, and provide accurate and timely financial reporting while reducing the cost of enforcing corporate controls.LogicalApps brings embedded governance to the Oracle E-Business Suite through its advanced technology for real-time monitoring, detection, prevention and reporting of financial and operational risk within an organization's ERP software. Its business-rules driven software solutions allow organizations to document and enforce their regulatory controls and business policies without the complexity, cost and ongoing maintenance headaches of manual controls or application customization.LogicalApps was founded in 2000 with the goal of providing increased integrity, productivity and efficiency to customers running Oracle application environments. As a result of the strong reception for its Oracle-based solutions, LogicalApps has been consistently profitable with revenue growth of more than 100 percent each year. It was named a "Rising Star" in Deloitte Technology's Fast 50 program and named to Software Magazine's Software 500. The company's longstanding relationship with Oracle enables LogicalApps to offer a unique level of integration with Oracles E-Business Suite. The company is also a Tier 1 Partner within the Oracle Compliance Architecture, and an authorized reseller of Oracle's Internal Controls Manager (ICM).

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