| GRC Software | KnowledgeLeader |
Print Email RSS

Home > United States > Insights > Case Studies > SAS 70 Governance Portal
 

  Client successfully consolidates SAS 70 data in Protiviti’s Governance Portal for integrated reporting   
  Client Challenge  
     
  Our client, a large human resources benefits organization, was struggling with SAS 70 reports for its worldwide customer base. The organization was pulling together data from multiple spreadsheets and Lotus Notes databases with redundant controls, and then building and formatting reports manually for each customer. They recognized that this approach was error-prone, time-consuming and a frustrating experience for the people working on the project.  
     
  POWERFUL INSIGHTS  
  After reviewing the situation with our client, we determined technology was needed to facilitate testing and issue management in one system of record for comprehensive and instantaneous reporting.   The client licensed Protiviti’s GRC software, the Governance Portal, to address this need. 

Our professionals implemented the tool, and data from multiple spreadsheets was consolidated into an organizational structure that mirrors the client’s SAS 70 program. Shared controls, and client- and non-client-specific processes were separated out into their respective areas. More than 100 client processes were uploaded into the software. We implemented system workflows to automate the remediation steps and aggregate SAS 70 data.
 
     
  PROVEN DELIVERY  
  As a result of the implementation, the client now reports:
  1. Improved process efficiency involving fieldwork participants via workflow.
  2. Decreased level of effort and amount of time necessary to produce required compliance reports. Report time reduced from five days to several hours.
  3. Elimination of redundant data by leveraging shared controls.
  4. Increased transparency of the entire process through effective status reporting.
  5. Streamlined organization of SAS 70 structure.

How We Help Companies Succeed

Protiviti’s Governance Portal is an integrated software solution that addresses multiple governance, risk and compliance (GRC) objectives through one unified technology platform. It provides organizations the flexibility to manage risks and controls and perform validation and testing, while providing transparency into compliance mandates. The Governance Portal uses a common interface to share frameworks and functionality, avoiding redundant administrative activities and duplicative efforts.

According to Gartner Research, companies that implement multiple tools and approaches for GRC management will spend 10 times more than those with one integrated platform.

Protiviti has partnered with more than 280 organizations, helping them move towards an integrated approach to this challenge. Our combination of professional services and technology solutions result in less effort, lower cost and improved information for decision-making in the area of GRC management.

 
     
  Contact  
 

For additional information, please contact:

Greg Hedges
Managing Director
+1.312.476.6380
gregory.hedges@protiviti.com

Scott Gracyalny
Managing Director
+1.312.476.6381
scott.gracyalny@protiviti.com

 
     
  About Protiviti  
  Protiviti (www.protiviti.com) is a global business consulting and internal audit firm composed of experts specializing in risk, advisory and transaction services. The firm helps solve problems in finance and transactions, operations, technology, litigation, governance, risk, and compliance. Protiviti’s highly trained, results-oriented professionals provide a unique perspective on a wide range of critical business issues for clients in the Americas, Asia-Pacific, Europe and the Middle East.

Protiviti has more than 60 locations worldwide and is a wholly owned subsidiary of Robert Half International Inc.
(NYSE symbol: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.
 
     
     
 
 
Email RSS