/XCDE: SMART SoD MONITOR
Smart SoD Monitor
In our Auditing module, /XCDE provides a comprehensive SoD (Segregation of Duties) Matrix and a structured SoD Business Process framework. These tools are designed to leverage established rules governing Business Processes and Activities, enabling the identification of potential risk points within the organization. By analyzing these elements in real time, the Smart SoD Matrix powered by AI (Artificial Intelligence) helps ensure compliance and mitigate risks, allowing the company to proactively address any vulnerabilities in its operational processes. This capability is essential for maintaining internal controls and safeguarding against conflicts of interest that could compromise the integrity of the organization.
/ A comprehensive SoD (Segregation of Duties) Matrix
/ A structured SoD Business Process framework
/ Enable real-time identification of potential risk points related to Segregation of Duties
Unlock Compliance & Mitigate Risks
CASE STUDY
/XCDE: Smart SoD Monitor
Challenge:
NEC faced significant challenges in maintaining compliance with internal controls, particularly regarding Segregation of Duties (SoD) in S/4HANA PCE. The company struggled to identify potential risks that could lead to unauthorized transactions, which posed a threat to its financial integrity.
Solution:
NEC partnered with XCODESEEKER to implement a comprehensive SoD Matrix and structured Business Process Framework. This solution enabled the organization to:
/ Identify Risks in Real Time: The SoD Matrix allowed NEC to pinpoint areas of risk across various business processes, enhancing their oversight capabilities.
/ Streamline Compliance Processes: By leveraging established rules for Business Processes and Activities, NEC streamlined its compliance efforts, reducing manual oversight and potential errors.
/ Proactive Risk Management: The organization implemented automated alerts for identified risks, enabling them to address vulnerabilities swiftly.
Results:
/ Increased Compliance: NEC achieved a 30% improvement in compliance metrics within six months.
/ Enhanced Operational Efficiency: The automation of risk identification reduced manual checks by 40%, allowing staff to focus on higher-value tasks.
/ Strengthened Internal Controls: With a clear understanding of Segregation of Duties, the company significantly mitigated risks associated with unauthorized transactions.
"XCODESEEKER transformed our approach to compliance. Their SoD capabilities provided us with the insights needed to enhance our internal controls and protect our organization."
— IT Director, NEC
