RESTON, VA--(Marketwire - May 24, 2010) - Approva® Corporation (http://www.approva.net), the leader in continuous controls monitoring (CCM) and audit automation software, today announced that it will host a complimentary webcast titled "Slashing Risk Exposure with Automated Monitoring: How to Push Ownership of Key Risk Indicators Out to the People Who Understand Them." The webcast is aimed at helping companies learn how continuous controls monitoring (CCM) can help reduce risk throughout their organizations. Attendees can register at www.approva.net/riskwebcast.

During the webcast, which will take place on Tuesday, May 25, 2010 at 1:00 pm EDT, participants will learn:

• How to monitor key risk indicators (KRIs) to provide early warning signs of emerging risks
• How ongoing risk monitoring helps transform risk management from a project to a process
• How you can detect and manage key risks before the financial impact is felt
• How companies are mitigating the likelihood and impact of key operational risks
• How to protect the quality of underlying data that drives your risk assessments

"Studies indicate that 77% of CFOs list risk management as a top initiative for 2010 yet only 52% feel they are doing an effective job at it," said Michael Evans, Vice President of Marketing at Approva. "We wanted to help companies understand what some of the most common challenges are that companies face as they implement enterprise risk management programs and how automated monitoring of key risk indicators can vastly improve their potential impact." 

During this webcast, Approva will share case studies that illustrate how the ability to objectively monitor risk over time can enable companies to not only identify and assess risk but also reduce and mitigate it. Webcast attendees will see real life examples of how companies are using continuous controls monitoring (CCM) systems to run a risk intelligent organization.

About Approva
Approva® Corporation is the industry-leading provider of continuous controls monitoring software and is the industry standard at Big-4 audit firms. We enable business, finance, IT and audit professionals to identify, manage and prevent business exceptions in order to reduce compliance risk, increase operational efficiency and prevent inappropriate payments. Global companies such as Bayer, DirecTV, Discovery Communications, First Advantage, Honeywell, Pratt & Whitney and T-Mobile rely on Approva to deliver actionable and auditable intelligence of control breakdowns across their business systems, processes and transactions. Approva has certified integrations with Microsoft, Sun Microsystems, IBM and SAP to provide a holistic Governance, Risk & Compliance (GRC) solution.

For more information, visit http://www.approva.net or call +1-703-956-8300.

Contact Information:

Contact
Chad Giron
Phone: (571) 216-4894
Email: approva@dbcpr.com