Oracle Risk Management and Compliance

Oracle Risk Management and Compliance gives your team a smarter, faster audit strategy. As part of Oracle Fusion Cloud ERP, it automates risk analysis, monitors activity in real time and protects sensitive data. You can quickly spot access issues, configuration mistakes and Segregation of Duties conflicts, then fix them before they become audit findings. Internal audit gets what it needs to stay ahead of external auditors, and the business gains clearer insight into controls and processes.

With Oracle Risk Management, risk, compliance and audit all operate from one connected system so you reduce surprises, prevent fraud, shorten audit cycles and strengthen accountability across the organization.

Our approach

Transforming risk management with Sikich’s approach

Sikich brings together deep audit knowledge and Oracle expertise to deliver a risk management experience that actually moves the needle. Our team includes specialists who have lived the challenges inside industry. We listen, design the right solution and execute Oracle RMC implementations that strengthen controls, simplify audits and give leaders confidence in every decision.

A differentiated approach to risk

Sikich delivers a differentiated approach to risk by pairing Oracle RMC expertise with our internal Audit team. We start with a focused risk assessment that mirrors how external auditors evaluate your controls, then guide you on closing gaps with stronger processes. Our secure role design accelerator helps you avoid the most common post go-live audit issue by giving you access to pre-validated roles aligned to business processes, SOD, and license requirements. With our proprietary tools, you can compare current and future access controls, spot SOD conflicts in minutes, and review a clear audit trail of every role and change. The result is faster audit cycles, fewer findings, and real organizational savings.

Implementation of Oracle RMC

Seamlessly integrate Oracle RMC into your operations.

Optimization of Oracle RMC

Maximize the efficiency and effectiveness of your existing Oracle RMC.

Tailored strategies and roadmaps

Develop customized solutions for risk assessment, security, internal controls and regulatory compliance.

Key Focus Areas

Sikich focuses on strengthening your Oracle risk posture through targeted assessments and strategic improvements. We evaluate how well your current risk management processes perform, confirm that configurations and transactions stay secure and compliant, and design segregation of duties controls with a solid security model. For organizations that want full confidence, we deliver a complete Oracle audit compliance package that analyzes user roles and permissions, optimizes approval workflows, implements advanced access and financial controls, redesigns security roles where needed, automates configuration controls, and digitizes your entire control list to support accurate financial reporting. Elevate your risk compliance with Sikichâs Oracle Risk Management advisory consulting, where innovation meets strategy.

case study

Glaukos

Glaukos is an ophthalmic pharmaceutical and medical technology company focused on novel therapies for the treatment of glaucoma, corneal disorders, and retinal diseases.

As the company grew, it faced maintaining effective risk management and compliance oversight due to its reliance on manual processes for monitoring internal controls and managing risks. The result was a Oracle Risk Management and Compliance solution with the help of Sikich.

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risk management

Why choose Oracle RMC?

As companies grow, managing risks without a centralized system becomes challenging. Oracle Risk Management Cloud simplifies risk monitoring by providing immediate insights. It supports financial reporting, operational audits, internal control reviews, enterprise risk management, and fraud assessments with a digitized control repository and automated access control testing, aligning stakeholders and streamlining risk monitoring through built-in data analysis.

value

The value of Oracle Risk Management and Compliance

Simplified processes

Streamline risk and compliance with built-in access reviews, certifications, and a centralized internal controls repository.

Automated analysis

Automate security and transaction data analysis to detect SOD violations, fraud, errors, and policy breaches.

Rapid deployment

Implement best practice controls with prebuilt algorithms for continuous monitoring of high-risk areas within hours.

Efficient data compilation

Reduce time spent on data compilation and enhance the completeness of reviews.

Self-service access

Minimize external audit time with self-service Oracle access, allowing auditors to independently retrieve necessary information.

Business goals achieved

Including enhanced risk awareness, improved collaboration, greater accountability, and cost efficiency.

Guidance is within reach.

Oracle RMC is a centralized, cloud-based solution for simplifying risk management, making it an essential tool for modern businesses aiming for efficient and effective risk mitigation. Contact us today to get started.

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