SOURCE: Greenlight Technologies, Inc.

Greenlight Technologies, Inc.

May 21, 2013 08:00 ET

Greenlight Technologies Receives Highest Possible Rating Given in Gartner's MarketScope for Segregation of Duty Controls Within ERP and Financial Applications Report

FLEMINGTON, NJ--(Marketwired - May 21, 2013) - Greenlight Technologies, the market leader in continuous, real-time Enterprise Business Controls Monitoring software, announced today that it received a "Strong Positive" rating in the Gartner MarketScope for "Segregation of Duty Controls Within ERP and Financial Applications"(*1) based on evaluation of its access risk management solution. This is the highest rating given.

Greenlight was evaluated in this report against the following criteria: Overall Viability, Product/Service, Sales Execution/Pricing, Customer Experience, Market Strategy, Offering (Product) Strategy and Innovation.

In this MarketScope, which was published on May 14, 2013, Gartner analyst Paul Proctor states that "auditors and audit findings continue to drive the client need, but in 2013, most organizations address the requirement through consultants, homegrown processes driven by spreadsheets, or commercial software products. Gartner recommends organizations explore these commercial products to save long-term costs associated with this continuous requirement."

"We are honored that Gartner recognized Greenlight Technologies in this report. We believe that we are one of the leading vendors that specializes in addressing the segregation of duties access risk management issue," said Anand Adya, CEO and Founder of Greenlight Technologies. "Our LaserFocus product is unique from an access mitigation monitoring standpoint in the fact that we can bind users that have SOD access conflicts to actual SOD transactions that they conduct. This is cutting an organization's cost of demonstrating and reporting on access control compliance with regulations by as much as eighty percent."

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Greenlight Technologies
Greenlight Technologies provides the industry's most comprehensive, real-time enterprise business control monitoring software solution that enables effective compliance and risk management for user access and transaction events across all applications. Leading Global 2000 organizations rely on Greenlight Technologies to reduce the complexity and operational overhead associated with achieving compliance with regulations and ensures the integrity of business transactions. For more information on Greenlight Technologies, please visit or call 908-782-5700.

(*1) MarketScope for Segregation of Duty Controls Within ERP and Financial Applications
Written by Gartner Analyst Paul E. Proctor, published: May 14, 2013.

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