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News < Back Sarbanes Oxley : Technology : ERP Wabash National Chooses Approva for Continuous Auditing Controls automation and monitoring solution to strengthen controls environment and reduce cost of compliance
?Ensuring controls is a top priority for our SAP rollout,? said Mark Weber, director of internal audit at Wabash National. ?With Approva?s solution, our goal is to strengthen our overall controls environment and reduce the time spent on monitoring and testing our ERP controls. In addition, since Approva?s solution is designed with both business and IT users in mind, it will enable us to ensure that all of the key stakeholders in finance, audit and IT work together effectively.? Wabash National will use Approva?s solution for the following initiatives: Assisting in the design of user roles for its recent SAP rollout. Ensuring that system settings, such as password policies and transport procedures, are properly adhered to. Continuously auditing user access rights to prevent segregation of duties (SoD) violations. Streamlining the user provisioning process by ensuring that new SAP users do not introduce access violations as they are added to the system. Automating previously manual controls including the monitoring of sensitive transactions. ?We are excited to add Wabash National to our growing list of world-class customers,? said Prashanth (PV) Boccasam, Approva?s CEO. ?By providing a solution which can independently validate the effectiveness of the full range of ERP controls across all major platforms, we are helping to significantly reduce the cost of compliance while providing a platform that enables customers to gain tangible business value from their compliance investments. ? Headquartered in Lafayette, Ind., Wabash National? Corporation (NYSE: WNC) is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, and intermodal equipment. Its innovative core products are sold under the DuraPlate?, ArcticLite?, and Eagle? brand names. The company operates two wholly owned subsidiaries: Transcraft Corporation, a manufacturer of flatbed and drop deck trailers; and Wabash National Trailer Centers, a retail distributor of new and used trailers and aftermarket parts throughout the U.S. and Canada. Approva Corporation is the industry-leading provider of Enterprise Controls Management software. We enable business, finance, IT and audit professionals to automate the on-demand testing, closed-loop remediation and continuous, exception-based monitoring of controls within and across their business systems. Using our solutions, customers are able to significantly increase visibility into their controls, streamline the audit process, cost-effectively sustain their compliance initiatives and reduce exposure to mistakes, fraud and inefficiencies for business processes such as procurement,sales and delivery, payroll and financial close. In addition, our automated solutions act as key preventative and detective controls, further strengthening our customers? financial and operational control environments. Global companies such as Campbell Soup Company, Colgate-Palmolive, DirecTV, Discovery Communications, McCormick & Company, P&G, Pratt & Whitney, Siemens and Wyndham Hotels & Resorts rely on Approva BizRights? Platform and Enterprise Controls Suite to reduce compliance risk, increase operational efficiency and flag exceptions to their business controls. For more information, visit www.approva.net 
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