Preserve and grow business value – with our enterprise risk management (ERM) software
Get detailed insight into how risk drivers can impact your business value and reputation – with SAP Risk Management software. Our powerful ERM tools support risk identification, assessment, analysis, and monitoring. Track key risk indicators (KRIs), align risk events with their potential consequences – and make responsible and defensible risk-aware decisions.
Because the software can help you protect and create value for your stakeholders – from investors to employees and customers. Identify and assess risks and opportunities, determine a response strategy, and monitor progress. With SAP Risk Management, you can:
Identify enterprise risks and align them with business processes that create value
Assess and analyze risks in terms of likelihood and magnitude of impact
Track risk management effectiveness with embedded reports and analytics
Continuously monitor risks using SAP HANA-based key risk indicators (KRIs)
Risk strategy and planning
Define risk-relevant business activities, set up your organizational risk hierarchy, and assign risk appetite, risk owners, and responsibilities. Develop risk libraries to structure and report on risk assessment results – and define your KRI framework to automate risk monitoring.
Document the potential root causes and consequence of risks – and identify the relationship between risks and events. Capabilities include: defining survey questions, documenting activities, proposing risks, and documenting risks and opportunities.
Run quantitative and qualitative risk analysis to determine the likelihood of occurrence and the potential impact of identified risks. Capabilities include: conducting assessments, building risk scenarios, scenario analysis, performing Monte Carlo simulations, risk response, and documenting responses and enhancement plans.
Analyze and report on your company’s risk situation. Capabilities include: documenting incidents and losses for risk events.
System and software requirements vary according to specific customer scenarios – please refer to the SAP Risk Management Sizing Guide for details. Also, please see the Product Availability Matrix for the latest information on updates and releases.
Explore licensing and purchasing options for SAP Risk Management
SAP Risk Management requires a combination of package licenses based on the number of users you have. A named user license is also required to access the software. Contact your local SAP account executive for additional licensing and purchasing options.
With SAP Risk Management, Exxaro, a mining company in Africa, has standardized risk management practices across all functions and disciplines at less cost and shown a 90% improvement in visibility of risks.
Get the support you need to keep SAP Risk Management running at peak performance. Our experts can help you maximize the value of your software, take advantage of new business models and capabilities, and more.