How to Secure Data Access to Procure to Pay Transactions in Oracle Cloud ERP

Summary:

Segregation of Duties (SoD) serves as a vital administrative control within organizational processes, necessitating collaboration when multiple individuals are involved in completing tasks. The primary objective of SoD is to safeguard against fraudulent activities, sabotage, theft, information misuse, and other security breaches. Within the context of this blog post, our focus centers on the Procure to Pay (P2P) process.

To uphold the principles of SoD, Procure to Pay activities, including the creation of suppliers, processing invoices, and facilitating payments, are distinctly segregated. Moreover, strategic measures are implemented to regulate data access for specific lines of business transactions, specifically tailored for designated P2P users. This deliberate segregation of key processes, coupled with stringent data access security protocols, plays a pivotal role in minimizing the risks associated with fraud and errors.