According to its announcement on Tuesday, Lumigent AppGRC for Deltek Costpoint provides automated compliance reporting to ATK Mission Systems. Provide continuous monitoring of their source data and key controls, ATK is using the software to increase Deltek Costpoint system, simplification and acceleration of reporting compliance.
“We are pleased that ATK has chosen us to help them find the right solution for your business needs,” Lumigent Chairman and CEO John H. Capobianco, said in a statement. “AppGRC decreases the time needed to collect relevant information and audit reports for compliance, to meet the growing complex reporting requirements of SOX.”
Known as the standard defense contract audit agency gold for all audits to AppGRC Deltek Costpoint provides continuous, automated monitoring of key Costpoint data. Any access outside the established policy of immediately flagged for inspection, and all events related to unauthorized access are recorded in a secure repository for audit, with timely alerts sent to key personnel for intervention. It helps companies comply with audit requirements, such as DCAA, SOX, HIPAA, NIST, OMB A-123, and others.
With revenues in excess of $ 4.7 billion, ATK is an aerospace and defense company with first class more than 18,000 employees in 22 states and around the world.
ATK Mission Systems business systems Vice President Amelia Ruzzo said AppGRC fits into ATK Mission Systems aim to provide affordable, innovative capacity for government and commercial customers. “We seek solutions that will help us continually improve our efficiency to achieve world-class standards, processes and tools,” Ruzzo said in a statement.
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