Corporate Governance

Main Process

 

Supports external, internal, and tax auditors as well as data security officers. It is aimed at streamlining and improving the quality of system, business, and tax audits. The Audit Information System (AIS) consists of a set of roles with pre-configured SAP standard programs and reports disclosing audit relevant information from multiple SAP applications such as general ledger, asset accounting, inventory management, cost accounting, or consolidation. In addition to these online controls, AIS provides an export interface for totals and documents that is compatible with leading external auditing tools.

Supports management in assessing and reporting on the effectiveness of the company's internal control system as required by the Sarbanes-Oxley Act and similar regulations. In-depth functionality for scoping (identification of relevant entities, processes, and so on), documentation (of processes, sub-processes, risks, and internal controls), assessment, and remediation as well as sign-off and detailed reporting.

For a complete overview about SAP functionality in this area, see also the Process Controls application within SAP Governance, Risk and Compliance Management (GRC).

Addresses the need for an enterprise to perform reliable risk management - a requirement that is becoming increasingly important. Organizations must constantly keep up with new commercial and corporate legal regulations, as well as inherent market and operational risks.

For a complete overview about SAP functionality in this area, see also the Risk Management application within SAP Governance, Risk and Compliance Management (GRC).

Provides functionality for sending and analyzing anonymous complaints by employees as required by the Sarbanes-Oxley Act.