Maximize business performance with Governance, Risk, and Compliance (GRC) Solutions
The SAP governance, risk and compliance (GRC) solution is an excellent approach to accelerate performance, both strategically and operationally, through managing regulations and policy compliance.
SAP’s governance, risk and compliance (GRC) services help customers tackle the broad issues of corporate governance, enterprise risk management and effective corporate compliance. It offers assistant in key areas such as financial reporting, tax, information technology, human capital, anti-fraud, dispute consulting, and financial advisory services. SAP GRC solutions implant financial and operational controls into customer business processes and automate GRC programs from risk management to compliance reporting-for better risk prevention, reduced compliance costs, and elevated performance.
Wise Men evaluates the risk tolerance of client organizations, integrates, standardizes and automates the GRC processes into the existing business framework, enabling adherence to multiple regulatory requirements.
There are many enhanced updated features bundled with SAP GRC 10 for customer benefits.
- Automate best practice workflows, assessments, surveys and signoff
- Share controls and test results across multiple compliance programs
- Reduce the cost of compliance, risk and audit programs
- Balance opportunities with financial, legal and operational risk exposure
- Embed regulatory and corporate policies into global trade processes
The key benefits of our SAP GRC services include:
- Confidently manage and reduce access risk across your enterprise. Minimize fraud and lower the cost of access management and ongoing compliance activities
- Streamline requests for multiple systems and embed preventative compliance checks
- Automate reviews of segregation of duties, critical access and super user privileges
- Automatically detect and remediate access risk violations
- Amplify the influence and value of internal audits and provide greater insight into key business risks with audit management software powered by SAP HANA
- Streamline your auditing process and easily create, organize and share working papers
- Reduce internal audit time and cost so you can better satisfy your stakeholders
- Focus on critical business issues using comprehensive risk-rating approaches
- Track and manage audit issues with global monitoring and follow up
- Continuously monitor key risk indicators and compliance effectiveness across your critical business processes and drive process efficiency and control
- Align risk and compliance management processes across multiple programs
- Automate and predefine workflows, assessments, surveys and offline forms
- Streamline processes and effort with automated control tests
- Proactively manage policies and controls across heterogeneous environments
- Assess compliance, control and remediation status using comprehensive analytics
- Maximize risk visibility with comprehensive analytics, balance risk and opportunity and protect business value by proactively preventing and mitigating risks
- Highlight risk exposure and response at all levels of your organization
- Run intuitive risk assessments and “what if” simulations and analyses
- Integrate risk mitigation and prevention with your key business systems
- Leverage best practices for industries and lines of business with predefined content
- Automate key risk indicator monitoring within heterogeneous systems