Oracle offers an amazing set of tools called the E-Business Suite (EBS). The suite comprises a collection of parts that work in unison to provide effective management of supply-chains, computer applications, database management and resource planning on an enterprise level.
Understanding all this technical jargon can be a daunting task for the layman. Understanding how these tools are able to perform their duties and protect the integrity of the product starts with Oracle EBS user responsibility compliance.
Why End User Compliance Is Critical
Within the operations of the EBS suite of tools is an item called the Oracle EBS user responsibility compliance Sheet. This is a specific set of rules that all users must conform to. These rules are important and maintain the security and integrity of the tools within the suite. The rules set forth, if managed properly, will prevent data loss and malicious activities and intent.
An often overlooked aspect of Oracle EBS user responsibility compliance is the regulatory side. There is an increased amount of regulatory scrutiny that user compliance addresses. Regulatory compliance focuses on preventing financial crimes and other suspicious activity like money laundering and other techniques for financing terrorism and other illegal operations. The monitoring of activities that may lead to these issues is important and they must be documented and reported.
Oracle EBS user responsibility compliance facilitates this effort. If users follow the compliance it allows the suite to quickly and securely automate the reporting of suspicious activities.
Internal Controls
The Internet can be a wonderful thing. But there is also an element of evil out there that has to be kept in check. User compliance addresses this. The set of rules and mandate to follow them is critical. Users have to follow these rules without prejudice. They create a specific set of guidelines that protects all parties involved.
Oracle provides a module that addresses all of this. If managed and deployed correctly it will automatically document compliance. The Governance, Risk and Compliance Module will facilitate everything. But, users must be responsible and comply with its guidelines.
The integrity of the suite of tools must be protected also. Compliance will insure that it is. Responsibility is a key aspect to compliance. Every user must know, understand and remain compliant for the system to work. In most cases a compliance officer is built into management. This person is responsible for the implementation of a strong compliance system. It is a big responsibility. Enterprises can have many users. These users must be monitored and educated on the compliance specifics. If there is a failure at any point the result can be stiff punishments. Staying compliant will protect data. It will also protect everyone involved.
