By Steve Dalton on Apr 01, 2013
Gartner has outdone themselves with this excellent report that clearly and concisely explains transaction controls monitoring (TCM) and the related benefits. In Gartner’s “Transaction Controls Monitoring Can Improve Productivity and Financial Governance” report, the Analysis section is particularly effective when it talks about your ERP system controls and that:
“…the existence of these built-in automated controls does not ensure that they are turned on, that they are configured appropriately, and that they are not regularly overridden or bypassed — thus establishing the need for a solution that can monitor these controls.”
If you are in the market for a TCM solution, the report’s Selection Guidelines are particularly effective to help you make effective decisions.
Like much in the technology world, once you get a handle on all the acronyms, you are well under way to becoming a TCM expert!
Click here for access to the full report. As always, we welcome your comments and interesting stories about how you are using TCM solutions.