September 8, 2011 – Lawson Software, an Infor affiliate, announced its acquisition of Approva Corporation, a continuous controls monitoring software provider, to reduce risk, improve audit efficiency and manage complex financial rules within existing software offerings.
Approva provides organizations’ governance, risk and compliance controls via CCM applications that will become part of the financial applications offered through Lawson and Infor. Approva’s CCM applications monitor control points across the enterprise and alert business users to risks. Approva serves finance, audit and IT functions within one platform; and provides business context to help clients mitigate risk. Approva was founded in 2002 and customers include Bayer, DirecTV, Honeywell, Kraft, Siemens and T-Mobile.
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