Fastpath Case Studies Start Up Real Estate Management Company Builds SOX Compliant and Scalable D365FO Security Framework in Expedited Timeframe

Edit This Case Study Record

	Start Up Real Estate Management Company Builds SOX Compliant and Scalable D365FO Security Framework in Expedited Timeframe Fastpath

Start Up Real Estate Management Company Builds SOX Compliant and Scalable D365FO Security Framework in Expedited Timeframe

Fastpath

Technology Category	Analytics & Modeling - Process Analytics Application Infrastructure & Middleware - Data Exchange & Integration
Applicable Industries	Healthcare & Hospitals
Applicable Functions	Business Operation
Use Cases	Regulatory Compliance Monitoring Remote Asset Management
Services	System Integration Training
Challenge	The customer, a rapidly growing national manager of distinctive independent, assisted living and memory care communities throughout the USA, was relying on the standard security roles delivered with the application ‘out of the box’ which inherently contained critical and high-risk segregation of duties (SoD) conflicts. Due to the amount of revenue under management for a large public real estate investment trust (REIT), they soon needed to comply with Sarbanes-Oxley (SOX) and external audit requirements, including controls over security access in D365FO. They needed to quickly find a solution that would integrate well within their D365FO environment and provide detailed audit reporting, SoD visibility, and scalable task-based roles for future growth. Read More
About Customer	The customer is a national manager of distinctive Independent, Assisted Living and Memory Care communities across the United States. They are driven by integrity, a passion for delivering superior service and financial returns. Established in 2017, they currently manage more than 100 retirement communities across 28 states. To accommodate the company’s rapid growth, the organization implemented Dynamics 365 for Finance and Operations (D365FO) on an accelerated timeline to rapidly establish a business management platform. Read More
Solution	The customer acquired Fastpath Assure® and asked for implementation partners that could support them and solve their problem within the timeframe allotted. They reached out to Protiviti, a global consulting and internal audit firm, to assist with the Fastpath implementation, the security redesign build process, and establishment of governance processes to protect their new security architecture. A SoD risk framework had to be established and configured within the Fastpath software. The framework provided the rules for how the new roles can be built. Once the ruleset was configured within Fastpath Assure, the team used the solution to help build security roles that aligned and complied with the SoD framework, designed processes for managing their new risk framework, and implemented the new roles throughout the organization. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Process Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Applicable Industries

Healthcare & Hospitals

Applicable Functions

Business Operation

Use Cases

Regulatory Compliance Monitoring

Remote Asset Management

Services

System Integration

Training

Challenge

The customer, a rapidly growing national manager of distinctive independent, assisted living and memory care communities throughout the USA, was relying on the standard security roles delivered with the application ‘out of the box’ which inherently contained critical and high-risk segregation of duties (SoD) conflicts. Due to the amount of revenue under management for a large public real estate investment trust (REIT), they soon needed to comply with Sarbanes-Oxley (SOX) and external audit requirements, including controls over security access in D365FO. They needed to quickly find a solution that would integrate well within their D365FO environment and provide detailed audit reporting, SoD visibility, and scalable task-based roles for future growth.

About Customer

The customer is a national manager of distinctive Independent, Assisted Living and Memory Care communities across the United States. They are driven by integrity, a passion for delivering superior service and financial returns. Established in 2017, they currently manage more than 100 retirement communities across 28 states. To accommodate the company’s rapid growth, the organization implemented Dynamics 365 for Finance and Operations (D365FO) on an accelerated timeline to rapidly establish a business management platform.

Solution

The customer acquired Fastpath Assure® and asked for implementation partners that could support them and solve their problem within the timeframe allotted. They reached out to Protiviti, a global consulting and internal audit firm, to assist with the Fastpath implementation, the security redesign build process, and establishment of governance processes to protect their new security architecture. A SoD risk framework had to be established and configured within the Fastpath software. The framework provided the rules for how the new roles can be built. Once the ruleset was configured within Fastpath Assure, the team used the solution to help build security roles that aligned and complied with the SoD framework, designed processes for managing their new risk framework, and implemented the new roles throughout the organization.

Impact #1	Rapidly created task-based roles to ensure appropriate access and proper control throughout D365FO.
Impact #2	Improved visibility into SoD conflicts and made it easier to remediate issues.
Impact #3	Made all roles free of critical SoD conflicts.

Impact #1

Rapidly created task-based roles to ensure appropriate access and proper control throughout D365FO.

Impact #2

Improved visibility into SoD conflicts and made it easier to remediate issues.

Impact #3

Made all roles free of critical SoD conflicts.

Benefit #1	Reduced the total number of conflicts at the user level by over 97%.

Benefit #1

Reduced the total number of conflicts at the user level by over 97%.

Download PDF Version

Overview

Start Up Real Estate Management Company Builds SOX Compliant and Scalable D365FO Security Framework in Expedited Timeframe

Operational Impact

Quantitative Benefit