Abstract: A system and method for managing internal controls within a heterogeneous enterprise environment is provided. The invention may include an open and extensible standards-based architecture that may be used to create, monitor, test, or otherwise manage internal controls by capturing, organizing, translating, and exchanging controls data, tests, and test results across organizational boundaries and between an enterprise and its external auditors. By providing an automated software solution for managing internal controls, business, finance, information technology, audit, or other professionals may automate on-demand testing, or perform closed-loop remediation and continuous exception-based monitoring of controls within and across enterprise systems.

Abstract: A system and method for monitoring the business processes of an enterprise application are presented. Data relating to the business process is extracted from the enterprise application. The data is stored in a first database in a format substantially similar to a format used by the enterprise application to store the data. The data is extracted from the first database and is converted to a second format. The data is stored in the second format in a second database. A business process rule relating to the business process is created. The business process rule is converted to a query. The query is executed against the second database. A report is created and displayed based on a result of the query.