Real-Time Procedural Deficiency Detection Across Incompatible ERP Subsystems
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Solution Overview
Problem
ERP systems face challenges in real-time risk detection and management across incompatible business application subsystems, leading to potential fraud, inefficiencies, and increased auditing costs due to their complex nature and inability to detect inter-application risks.
Innovation Solution
A business application system with a shared business application manager and real-time agents that monitor and regulate user activities across multiple incompatible business application subsystems, using a risk framework to detect and mitigate potential violations, and provide real-time reporting and remediation.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If ERP systems are used to integrate and automate business practices across multiple subsystems, then operational efficiency and organization are improved, but the complexity of operating, administering, or modifying the system increases exceedingly
Solution Approach 1:
The patent introduces a compliance control application as an intermediary layer between users and the ERP system. This application provides a simplified interface that abstracts the underlying system complexity, allowing users to interact with business processes without needing to understand or manage the complex ERP configuration and integration details.
Solution Approach 2:
The compliance control application serves multiple functions including risk detection, fraud prevention, regulatory compliance monitoring, and audit trail generation within a single unified interface. This multi-functional approach consolidates various control mechanisms that would otherwise require separate systems or complex configurations.
2Reliability
If compliance control applications are added to address regulatory requirements like Sarbanes-Oxley, then investor protection and financial disclosure accuracy are improved, but the complexity and cost of the system increase
Solution Approach 1:
The patent combines compliance control functions with the existing ERP system rather than implementing separate standalone compliance systems. The compliance control application integrates directly with business process subsystems, merging regulatory requirements into the flow of existing business operations and eliminating the need for parallel compliance tracking systems.
Solution Approach 2:
The system implements real-time feedback mechanisms that automatically monitor business transactions against compliance rules and regulatory requirements. When potential compliance violations are detected, the system provides immediate feedback through alerts and notifications, allowing for real-time corrective action without requiring manual auditing or post-processing analysis.
3Measurement precision
If real-time monitoring is implemented across multiple incompatible business application subsystems, then fraud and error detection capability is improved, but the difficulty of integration and data collection increases
Solution Approach 1:
The patent segments the monitoring function into independent agents deployed within each individual business application subsystem. Each agent operates autonomously within its host system, collecting and analyzing data locally without requiring direct access to or integration with other subsystems. This segmentation approach allows real-time monitoring across incompatible systems while avoiding the integration complexity that would arise from attempting to create a centralized data collection architecture.
Data Source
AI summary
A method includes retrieving a plurality of data extractors to extract data across a plurality of business applications. The plurality data extractors are executed to generate a plurality of individual results sets. The plurality of individual results sets are combined into a combined result set. A rule is applied to the combined result set to detect a procedural deficiency across the plurality of business application.