Tracking 2024 GRC Trends with Customer Advisory Group

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Key Takeaways

⇨ As business ecosystems expand, these teams need to expand their focus as well and be able to apply established compliance policies, software, and risk detections capabilities to work with non-SAP and cloud systems.

⇨ Identity Management Systems (IDMs) work best when they are used only for their designated purposes.

⇨ Companies need to differentiate between the Access Control and Identity Access Governance solutions as they are independent applications, each with their own dedicated purpose and potential functionality differences.

In 2024, SAP governance, risk, and compliance teams will face new challenges. Many SAP GRC teams are expecting increased workloads but fewer resources to contend with emerging threats.

To review some of the upcoming trends and potential points of interest for SAP GRC practitioners, SAPinsider spoke with the CEO and cofounder of Customer Advisory Group James Roeske. He has more than 27 years of experience in the SAP GRC space. His organization now helps companies design and implement GRC and security strategies that minimize risk and enhance control.

Roeske highlighted three key areas that the GRC experts at Customer Advisory Group are paying special attention to at the outset of 2024 that all SAP GRC practitioners should be aware of.

In this article, we will explore how businesses need to expand their GRC footprint as SAP ecosystems grow. Also, Roeske explains how companies can best use Identity Management Systems (IDMs) to fit their needs. Also, companies must determine whether Access Control or Identity Access Governance will provide their organization with the best coverage.

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