Governance, Risk, and Compliance Management

SAP SapphireNOW 2015, Orlando, USA

 Reap the rewards of effective risk and compliance management – with less effort and expense

Improve business performance and decrease the cost and effort of managing governance, risk, and compliance (GRC) processes with GRC solutions from SAP. Automate GRC processes using best practices and a scalable enterprise platform. By streamlining and automating processes, your organization can anticipate and manage risk events, reduce compliance violations, and extend GRC programs into value-adding business activities.

Turn risk into reward with a 3 lines of defense approach to GRC

Confidently anticipate and respond to ever-changing governance, risk, and compliance requirements with a “three lines of defense” model. Learn more about this best-practice framework which aligns corporate functions for operational, risk, and audit management. And discover how our GRC software supports the approach by providing an up-to-the-minute view of all your risk and compliance activities.

 

Solution Capabilities

Preserve and grow business value with effective Enterprise Risk Management (ERM)

Understand how various factors influence risk levels, how these risks impact value, and which responses are most appropriate. Our enterprise risk and compliance management software solutions can help corporate boards, audit committees, executives, and operating managers:

  • Align risk management with business value drivers
  • Gain insight into how risks occur
  • Act on emerging risks and opportunities
  • Predict the impact of unplanned events

 

Controls and Compliance Management

Efficiently manage controls and compliance

Facilitate effective, ongoing controls and compliance management to lower risk and improve
business processes.

  • Simplify compliance risk management and focus resources on high impact processes and regulations
  • Gain continuous insight into the status of compliance and controls
  • Boost visibility to reduce costs while improving the reliability and quality of business processes

 

International Trade Management

Optimize the cross-border supply chain with global trade and compliance management

Improve operational trade, compliance, and supply chain management across borders – to cut costs, lower the risk of trade penalties and fines, and clear outbound and inbound customs faster.

  • Embed risk management into trade processes and supply networks
  • Identify duty-relief opportunities across various geographies
  • Screen business partners and transactions in real time

 

Fraud Management

Prevent financial loss with proactive fraud management

Effectively minimize financial loss by detecting and investigating potential fraud cases sooner — and support business network growth and compliance with business partner screening.

  • Screen high volumes of transactions and business partner data
  • Investigate and document potential fraud cases
  • Limit false positives by calibrating and running simulations on large volumes of data – in real time
  • Improve responsiveness and control to reduce future occurrences of fraudulent activity
  • Reduce screening efforts and cost

 

Audit Management

Streamline and align audit programs with critical risk management

Drive more value from your internal audit management activities – with efficient, integrated processes for auditing, planning, and reporting.

  • Streamline basic audit processes with intuitive documentation and mobile capabilities
  • Increase auditing efficiency with better planning and reporting
  • Tightly align fraud management, process control, and risk management activities
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