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Oracle Risk Management is a cloud-based GRC tool for Oracle Cloud ERP that uses AI to monitor access, detect fraud, ensure SoD compliance, and automate internal controls. It supports SOX and ICFR requirements, enabling organizations to stay audit-ready and drive proactive risk management.
The Smyte Score is a weighted average from leading review sites across the web.
Comprehensive Risk and Compliance Management:
Users appreciate the platform’s ability to manage a wide range of risk and compliance activities, including segregation of duties (SoD), SOX compliance, and GDPR adherence, within a single integrated solution.
Integration with Oracle Cloud ERP:
The seamless integration with Oracle Cloud ERP allows for real-time monitoring and control of user access, transactions, and configurations, enhancing overall security and compliance.
Automation and AI Capabilities:
The use of artificial intelligence and automation tools helps in continuous monitoring, risk detection, and compliance reporting, reducing manual efforts and improving accuracy.
Complex Implementation Process:
Some users have reported that the implementation process can be complex and time-consuming, requiring significant planning and resources.
Steep Learning Curve:
The platform’s extensive features and capabilities may lead to a steep learning curve for new users, necessitating comprehensive training and support.
Limited Customization Options:
Users have noted that while the platform is robust, there may be limitations in customizing certain aspects to fit specific organizational needs.
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