Align Risk and Compliance Management Processes
Enterprise GRC activities, enabled through the SAP BusinessObjects Risk Management and SAP BusinessObjects Process Control applications, provide organizations like yours with a preventive, real-time approach to governance, risk, and compliance (GRC). The software helps you continuously monitor key risk indicators and compliance effectiveness across all IT systems – and align risk and compliance management processes.
With improved enterprise GRC processes, you can empower your organization to drive agreement on managing key business risks and compliance activities, more effectively support multiple compliance programs, and leverage deep analytical insights to map the impact of risk events and compliance violations to strategic performance.
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The SAP BusinessObjects Risk Management and SAP BusinessObjects Process Control applications offer comprehensive functionality that supports the following:
- Automatic monitoring of key risk indicators and compliance effectiveness
- Automatic risk and compliance management delivered through predefined best practice workflows, assessments, surveys, and signoff
- Risk response and remediation tracking for easy assessment of effectiveness of responses
- Automated business process and system monitoring across heterogeneous landscapes
- Scalable support for multiple compliance and risk programs
- Risk-based scenario analysis provides insights into the potential impact of increased risk levels and compliance violations
- Predefined risk and regulatory content formulated for specific industries and lines of business
- Unified management and control of strategic, financial, operational, and compliance risks
- Unified framework that help you align business process, compliance, and risk methodologies
- Consolidated views that can help simplify risk and performance analysis across multiple lines of business
- Automated risk and compliance alerts, notifications, reports, and workflows
The SAP BusinessObjects Risk Management and SAP BusinessObjects Process Control applications provide risk-adjusted management of enterprise performance to help you better manage, better protect, and better perform across risk and compliance initiatives. Leverage tools that support risk-intelligent decisions, drawing from proven, best-practice risk responses.
Manage Better
- Reduce the cost of compliance, risk, and audit activities by automating previously manual activities
- Decrease the cost of compliance effectiveness and risk monitoring through automation and consolidation/rationalization of testing and monitoring
Protect Better
- Reduce risk exposure through risk avoidance and prevention
- Decrease occurrence and impact of risk events, policy violations, and compliance enforcement actions
- Optimize resources available for risk prevention and mitigation
- Gain rapid time to value
Perform Better
- Increase working capital through reduced risk exposure
- Improve success rate and returns for business initiatives
- Enhance decision making ability on long-term strategies
The SAP GRC Policy Survey mobile application, now available for your BlackBerry PlayBook, can enable your employees to review policies to which they are subject, and confirm and document their understanding of the policies via their mobile devices.
With the mobile app, you can extend the reach of on-premise policy management activities to mobile users. The mobile app supports:
- Quick remote access to policy information for employees remotely, plus timely replies
- User-friendly entry of policy acknowledgments, surveys, and quizzes
- Increased efficiency in policy awareness and compliance through more rapid communication
Download from Blackberry AppWorld.
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