About Infor GRC

Infor GRC (Governance, Risk and Compliance) is an integrated risk and compliance solution that enables you to continuously monitor the automated business processes in an organization. The business user-oriented solutions help financial executives, business managers, IT professionals, and auditors to ensure that the business processes are functioning in line with the organizations' goals.

The users can use the Infor GRC application to control a complex and ever-changing environment. The Infor GRC application can be used to reduce the potential business risks and the costs of compliance, increase the operational efficiency, and automate the audit process.

The Infor GRC application provides a centralized platform to:

  • Stream ERP application data for monitoring.
  • Analyze the data extracted.
  • Report violations identified during the analysis.
  • Notify business users about the risks.

Logically, the Infor GRC application can be classified into:

  • The Platform: The Platform is the core and comprises of data extraction, rules, and reporting engines.
  • Insights: Insights provide the predefined, highly configurable content offerings that notify about the actions each user can perform in the ERP systems. These Insights supported by the Infor GRC application:
    • Authorizations Insight for Infor: The Authorizations Insight helps identify the Segregation of Duties and Sensitive Access Risks for the user security data from an ERP system. The Insight analyzes the data based on the pre-defined rules, and reports violations.
    • Process Insight for Infor: Process Insight enables business users to monitor the business transactions to identify any accounting errors or any fraudulent transactions such as duplicate suppliers, process supplier invoice without purchase order reference, duplicate payments to same suppliers, journal entries posted on weekends, modification in credit limits of customers.
    • Access Management Insight for Infor: The Access Manager Insight helps an organization to comply with User Provisioning thereby keeping the system free from internal control violations. The Access Manager Insight ensures a complete analysis to identify risks of incorrect user provisioning and an approval process before an access related change is made in an ERP system.
    • Certification Manager Insight for Infor: Certification Manager automates the end-to-end process of reviewing users and roles across ERP systems. Certification Manager gathers data for each review from enterprise applications, routes the information to the appropriate reviewers, tracks actions taken, facilitates sign-off and maintains a complete record for auditors.