10.27.08
Security Weaver Announces Growing Global Partner Support of GRC Software for Use with SAP Applications
San Diego, CA
Security Weaver™, a leading provider of application controls management software for use with SAP applications, today announced the addition of two top SAP-focused security and consulting firms to its Security Weaver Partner Program (SWPP). The alliances with European and Latin American leading consulting firms brings the total new partners in Q3 to 12 and attests to the power and growing demand of Security Weaver’s solutions that easily and efficiently reduces the risk of fraud and ensures compliance within SAP application-based environments. “Security Weaver has developed a group of alliance relationships ranging from boutique SAP-focused consulting shops to large multinational firms. The response to our technology has been incredible. At a recent GRC show we had more firms wanting to partner than we thought possible,” said Terry Hirsch, CEO of Security Weaver. “Our partner reach continues to expand globally and demand keeps growing. This is based, greatly, on the success we are seeing with our installations we have very satisfied customers.” SWPP combines Security Weaver for SAP software with special pricing and commission levels, training, marketing resources and deployment tools for channel companies that provide SAP-based solutions. The program is ideally suited to the growing number of businesses that are looking for cost-effective tools to meet compliance challenges particularly segregation of duties (SoD) requirements posed by the Sarbanes-Oxley Act. “Partners are approaching us because they realize our technology offers them an advantage and a way to distinguish themselves from their competition,” said Russ Sofranko, vice president, Security Weaver Partner Programs. “Security Weaver is offering limited partnerships so the firms we select will have a strong competitive advantage.” Although their alliance with Security Weaver is new, the additions to the SWPP have a firm footing in enterprise IT related security and compliance issues relating to SAP application-based environments. Their expertise will bring the benefits of Security Weaver solutions to companies concerned with risk matters such as SoD conflicts, inappropriate access to sensitive transactions or the cost of investing in additional training. The SWPP provides these firms with an easy and cost-effective way to begin offering their clients tools to better manage and mitigate risks. In the March 25, 2008 report - “AMR Research Finds Spending on Governance, Risk Management, and Compliance Will Exceed $32B in 2008,” John Hagerty, vice president and research fellow at AMR Research is quoted as saying - “In this economic climate, companies can no longer focus solely on reactive spending to meet each new regulation. As executives are becoming aware of how different business and IT risks affect their bottom line, their spending focus is shifting toward approaching risk strategically, not just tactically.” Companies interested in learning more about the SWPP should contact Russ Sofranko, VP, Partner Programs at russ@securityweaver.com About Security Weaver Security Weaver is the world's leading provider of application controls management software for use with SAP applications. Our flagship software suite, Security Weaver, is engineered to take the guesswork out of compliance in your SAP application-based environment and delivers actionable results in a matter of days. Our tools provide true real-time automation of compliance tasks such as management of segregation of duties (SoD) conflicts, full automation of the user provisioning process, control of emergency access, along with providing robust reporting capabilities. Security Weaver applications have been recognized as world-class in terms of performance, scalability, ease of installation and ease of use. Organizations throughout the world are using Security Weaver to provide a robust application controls framework for use with SAP applications while providing management, business, finance, IT and audit with the tools and visibility they need to reduce the risk of fraud and ensure compliance. For more information, visit www.securityweaver.com. Media Contact: Rita Macdonald (650) 444-4900 rita@securityweavers.com