Introduction - Governance, Risk, and Compliance Topic for Oracle Applications - page 4

Oracle's Governance Risk and
Compliance Footprint
The following figure gives an overview of the major functional areas of the
governance, risk, and compliance problems and the Oracle Component that
best addresses that problem:

GRC

Balanced Scorecard
Strategy Development

Learning

Policy Communication

Financial Planning and Analysis
Financial Forecasting

Execution Tracking

Business Intelligence

Close Process Manager

Consolidation & Financial
Reporting Sub Certification

Risk Management Applications
Preventive Controls GRC Manager

Configuration Controls

Access Controls Transaction Controls

Business Applications
Application Controls

Identity and
Authorization
Management

Processes

Enterprise Manager Content Manager

Database
Audit Vault Configuration Controls

Evidence Store

When you consider who is involved in the governance, risk, and compliance
process, you start to appreciate the tools that you need to complete the footprint.

Balanced Scorecard
This tool is used to express and communicate the mission of the enterprise.

Business Intelligence
This tool is used to measure the degree to which the strategy that has been
communicated is actually executing.