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Corporate Governance & Qualification for Listing Output #7

Governance Output · #7

Policies & Controls within ERP Systems

Translating corporate governance frameworks, financial rules, and operational policies from paper to automated enforcement within ERP systems (such as SAP, Oracle, Microsoft Dynamics, Odoo) to prevent overrides and ensure regulatory alignment.

Having written policies is only half the battle; paper policies can easily be bypassed without digital enforcement. At Next Dimension, we map and configure your ERP workflows, Segregation of Duties (SoD), and audit logs, providing financial due-diligence advisors and regulators with hard proof of strong internal IT General Controls (ITGC).

ERP Internal Controls Navigator

Click on any of the core controls below to view its application methodology and listing relevance:

⚙️ Approval Workflows
🔐 Segregation of Duties
📜 Audit Trail & Logs
📊 Budget Controls

Approval Workflows (Enforcing Approval Workflows)

Mapping and enforcing specific financial and operational signature levels and approval routes inside the ERP system.

Risks Mitigated

Financial overrides, unauthorized procurement contracts, or commitments exceeding management limits without board knowledge.

Auditor & Listing Significance

Proves to the financial advisor that the company maintains strict internal system controls based on officially approved matrices.

⚠️

Segregation of Duties (SoD) Verification

An SoD review is one of the most critical parts of the financial due diligence report. We execute complete audits to ensure no single user holds conflicting profiles (e.g., creating a vendor master file and approving payments to that vendor), mitigating the risk of corporate fraud and asset misappropriation.

Our Methodology for Enforcing System Controls

Next Dimension acts as a bridge between corporate finance/governance and IT divisions to embed compliance rules efficiently:

1

Technical Policy Mapping

Analyzing approved policies and authority matrices, translating them into system specifications that ERP engineers can implement.

2

Role Configuration & Approvals Setup

Defining profiles, setting up electronic workflow paths, and designating role-based access controls (Roles & Profiles) in the system.

3

SoD Conflict Testing

Running extensive simulation tests to identify overlap bugs or security gaps where users can override standard tracks, applying quick remedies.

4

Go-Live & IPO Tech Readiness Report

Deploying the controls and issuing a validation report to back the company's internal control file during CMA inspection rounds.

Ready to Automate Governance Inside Your ERP?

At Next Dimension, we align your business policies and authority matrices, embedding them directly into your technical platforms for maximum protection.