EPR Maestro, the automated and cloud-based controls for access, security, and GRC (governance, risk management, and regulatory compliance) solutions provider, has been once again named among the fastest-growing private companies in the prestigious Inc. 5000 list. The company has repeatedly been holding this place for three successive years.
“Only one in eight companies ever achieve appearing on the Inc. 5000 list for three years in a row,” said ERP Maestro’s CEO Ken Gabriel. “It’s our triple-win year, and we are honored to maintain a place on the distinguished list shared by many great companies, such as Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle, Zappos.com and many other well-known brands.”
To add to the team of professionals behind the products, ERP Maestro attributes its growth to the most flexible and user-friendly access management system that is efficiently and cost-effectively deployed in the cloud for the SAP industry.
“We signed an agreement and were up and running on ERP Maestro’s fully functioning Segregation of Duties (SoD) solution in probably less than 40 man-hours,” said ERP Maestro customer Chad Anderson, Vice President and Chief Information Officer of Del Monte Foods. “It’s an amazing product and a great example of what’s possible when you embrace cloud computing.”
During the early months of 2020, a shift in the economy is visible. The companies are focusing more on spending on security to support the millions of employees working from home. Gartner estimates that IT spending could decrease from previous projections, but the total spending will continue to rise by nearly 3% by 2020. The cloud security market is also anticipated to mark the highest percent increase of 33.3% in 2020.
“Companies recognize that they need sophisticated and automated risk prevention tools today to guard against fraud and data breaches at the hands of employees even with employees working on-site,” said Gabriel. “That need has intensified with virtual employees who cannot be monitored while working in their homes. With more job uncertainty and free access to systems, fraud and breaches can be expected to increase.”
ERP Maestro expects continuous growth as it has experienced a commendable increase in risks and the heightened demand for quickly implemented solutions in the past three years. These solutions were, thus, providing a lower total cost of ownership as organizations are looking forward to managing budgets more carefully while battling the 2020 slowdown.
“We’ve learned from 2020 that businesses need incredible agility, remote access, and added security that can be counted on in any unplanned and emergency situation,” said Gabriel. “Companies already using cloud controls have been able to adjust easiest and without disruption to vital risk monitoring and audit activities.”
