Procurement’s Top 10 Transformation Initiatives in 2025 & How SAP Helps – Part 2

416 results

  1. Increase the Success Rate of Your Strategies and Initiatives through an Enterprise Risk Management System

    Many risk managers complain about a lack of enterprise insight and alignment of risk management to the strategic objectives of their organization. With a rather manual and inconsistent approach based on emails and spreadsheets, they often fail to oversee the impact of risks to the strategic goals and whether appropriate risk responses were implemented to...…

  2. Dodd-Frank Act: Standardize Risk Management Processes with SAP BusinessObjects Risk Management 10.0

    Ensure that your enterprise’s risk management procedures comply with the Dodd-Frank Act’s requirements pertaining to the management of systemic risks by using SAP BusinessObjects Risk Management 10.0. It supports the five phases of risk management. Key Concept The Dodd-Frank Act was signed into law in July 2010 in response to the 2007 US financial crisis....…

  3. Combine SAP Strategy Management and GRC Risk Management for Risk-Intelligent Strategic Execution

    Reading time: 22 mins

    In most organizations, strategic management and risk management are completely separate processes. As a result, it’s often difficult to track strategic goals over time while assessing the risks that might affect strategic initiatives. With an integrated approach to strategy and risk management, you can ensure that business owners are focusing on the right initiatives both...…

  4. Start Your Enterprise Risk Management Process with Diligent Risk Planning

    More and more, companies are recognizing the relevance of solid risk management to protect themselves from diverse threats and increase the success rate of their strategies and initiatives. The enterprise risk management (ERM) process can be divided into five phases: risk planning, risk identification, risk analysis, risk response allocation, and risk monitoring. Learn about how...…

  5. Increase Enterprise Risk Management Performance with SAP BusinessObjects Risk Management 10.0

    Learn how to leverage SAP BusinessObjects Risk Management 10.0 advances and best practices to create greater satisfaction with executives and other stakeholders in enterprise resource management (ERM) program activities. Key Concept SAP BusinessObjects Risk Management 10.0 enables executives to have a broad, enterprisewide view of risk programs and insight into risk drivers and key risk...…

  6. Internal Controls: The Journey from Compliance to Risk Management

    See how to make compliance more operational with a more preventative, integrated approach that emphasizes risk management over compliance. By embedding more controls into this approach, your organization achieves greater efficiency and lower compliance testing costs than in the more manual report and review model that many companies use. Key Concept The Sarbanes-Oxley Act prompted...…

  7. What’s new in SAP Process Control and SAP Risk Management version 12.0

    Panelists: Jan Gardiner, SAP Date: Thursday, August 30 Sponsor: SAPinsider SAP’s newest versions of SAP Process Control and SAP Risk Management are planned for release in September. Join a Live Q&A with SAP’s Jan Gardiner, a speaker at the upcoming SAPinsider GRC conference in Prague, to hear about the new features and functionalities of the...…

  8. A Guide to SAP’s Credit Risk Analyzer

    SAP’s Credit Risk Analyzer sub-module focuses on measuring, analyzing, and controlling counterparty risks. Learn how to use and configure it. Key Concept The Credit Risk Analyzer includes a risk control through limits and flexible limit management with online monitoring and reporting. This functionality allows corporate executives to set limit controls in their SAP systems, monitor...…

  9. Identify Your Key Business Risks in a Collaborative Process Involving All Stakeholders in Your Enterprise

    Learn about the second phase in the enterprise risk management (ERM) process, risk identification. The knowledge about your business risks is spread across your organization and lines of business. A collaborative approach is required to identify and document all risks threatening your enterprise involving many different stakeholders. Discover how SAP BusinessObjects Risk Management 3.0 provides...…

  10. Conduct a Workflow-Driven Risk Analysis Across Your Enterprise and Tune It to Your Business Needs

    Become acquainted with the third of the five-phase enterprise risk management (ERM) process: risk analysis. Step through the configuration to customize the risk analysis to your business needs. Learn how a risk analysis is initiated either directly by a responsible risk owner as a scheduled workflow task or by a key risk indicator (KRI) showing...…