CAOSYS, a prominent player in the Governance, Risk, and Compliance (GRC) software industry, has rolled out CS Applications 2024/R1A, the latest version of its advanced solutions for Oracle E-Business Suite (EBS). This release underscores the company’s dedication to refining user interactions through client-focused updates and fresh capabilities.
The updated version addresses the changing needs of Oracle EBS users while maintaining high standards of system reliability. It introduces an optimized upgrade mechanism that can be completed in less than 30 minutes in most instances, significantly reducing operational downtime. Existing customers are encouraged to adopt this new release to leverage added features, critical updates, and improved functionality. The download is available on the CAOSYS Support Portal, which also houses detailed guides and release documentation.
New Tools for Enhanced Risk and Access Management
The 2024/R1A release brings several advanced tools designed to simplify managing access and risks:
CS Comply: This solution provides powerful features for controlling Segregation of Duties (SoD) and mitigating sensitive access risks. It enables detailed risk reports for audits, quick resolution of SoD violations, and preventive mechanisms to curb risks before they escalate. Its seamless Oracle EBS integration ensures smooth operations.
CS Provisum PAR: Aimed at automating access reviews, this tool streamlines tasks such as removing unnecessary access, providing clear visibility of access risks, and enabling process owners to review and approve changes easily. Automated reminders and escalation features further ensure timelines are met without manual follow-ups.
Continued Customer Support
To assist users during the transition, CAOSYS reaffirms its commitment to offering tailored support. Customers seeking assistance or clarity on new features are encouraged to contact the support team for guidance.
This latest release promises to be a game-changer for Oracle EBS users, including administrators and compliance managers. The tools offered in CS Applications 2024/R1A aim to simplify daily tasks, reduce manual intervention, and enhance adherence to compliance requirements. Additionally, the streamlined upgrade process minimizes disruptions, enabling teams to concentrate on more strategic objectives.
GRC Market Growth and CAOSYS’s Role
The release of CS Applications 2024/R1A is in line with the expanding GRC software market, projected to grow beyond $70 billion globally by 2027. While other companies like SafePaaS and Fastpath are also innovating in this space, CAOSYS's focused approach to Oracle EBS positions it as a trusted partner for organizations aiming to navigate the complexities of compliance and risk management.
For companies selecting GRC tools, factors such as ease of integration, scalability, and proactive risk prevention are vital. CAOSYS’s latest release stands out with its emphasis on customer-driven improvements, streamlined upgrades, and comprehensive support, making it a reliable choice for businesses aiming to adapt to today’s ever-evolving regulatory landscape.
