The SAP BusinessObjects Risk Management application can provide you with the tools you need to make risk-intelligent decisions across various areas of responsibility drawing from proven best practice risk responses. Analytic dashboards provide new cross-enterprise transparency on risks in the business context of strategy and performance management to deliver stronger corporate governance across key business processes.

Features and functions that support optimized efficiency, increased effectiveness, and maximized visibility include:

• Automatic monitoring of key risk indicators across end-to-end business processes
• Risk identification and evaluation that enable enterprise-wide transparency
• Risk response tracking for easy assessment of effectiveness of actions taken by risk owners
• Alignment of risk management activities with corporate strategy
• Unified management and control of strategic, financial, operational, and compliance risks
• Risk and strategy integration that can allow you to manage risks before they impact the business
• Standardized cross-function design that can enable consistency across processes
• Unified framework that can help you align business process, compliance, and risk methodologies and allow incorporation of risk exposures and compliance requirements into strategy management
• Consolidated views that can help simplify risk and performance analysis across multiple lines of business
• Automated alerts, notifications, reports, and workflows that deliver the right information to the right person at the right time and allow management by exception