Ensure Compliance and Reduce Risk with Segregation of Duties
Test Drive →
Effective Segregation of Duties (SoD) is critical to safeguarding your organization against fraud, errors, and compliance breaches. By clearly defining roles and responsibilities, SoD ensures that no single individual has control over critical tasks within an ERP system. With ThirdLine’s SoD solution, your organization can maintain accountability, reduce financial risks, and comply with government regulations.
Without proper role definitions, employees may be assigned conflicting tasks, such as both approving and processing payments, increasing the risk of fraud or errors.
With thousands of permissions available in an ERP system, it becomes difficult to understand what each one does and how they interact
If organizations don’t continuously monitor user activities, conflicting roles or access privileges can go unnoticed, allowing for unchecked actions within the ERP system.
Organizations without formalized SoD policies often lack clear guidelines on who should perform specific tasks, leading to a breakdown in internal controls and increased risk of compliance breaches.
Why Segregation of Duties Matters
Without proper segregation of duties, individuals may have too much control over critical processes, making it easier for them to commit fraud.
A lack of role separation can lead to non-compliance with regulatory standards, resulting in findings in audits.
When roles and access are not properly segregated, your system is more vulnerable to cyber threats, as unauthorized users may gain access to sensitive data or functions.
When roles aren’t clearly defined, it becomes difficult to track who is responsible for specific actions, leading to inefficiencies and errors.
The ROI for your local government or school district
SoD strengthens internal controls by ensuring that no single person has control over critical tasks, reducing the risk of fraud and errors.
By separating approval and execution responsibilities, SoD prevents individuals from exploiting the system for personal gain.
Meet compliance standards with confidence by implementing SoD practices that align with government regulations and industry standards.
Maintain audit-ready records with automated audit trails that document user roles, access, and task completion, ensuring complete transparency.
"With Roles and Permissions software, we’ve set a new standard for auditing who can do what in their ERP system"
ERP Admins gain control over user roles with automated SoD conflict detection, ensuring proper access management and system security.
Gain peace of mind by implementing strong internal controls that ensure compliance with regulatory standards and prevent fraud.
Internal Audit teams receive real-time SoD compliance monitoring and detailed reports, simplifying audits and ensuring regulatory compliance.
Hundreds of Analytics helping leaders in Finance, AP, Purchasing, Audit, and I.T.
.svg)
