SAP Governance Risk and Compliance

SAP Governance, Risk, and Compliance is a set of tools intended to help SAP customers streamline the management of risk and implementation of corporate controls. Recently, the vendor has also combined its cybersecruity offerings under the SAP Governance, Risk, and Compliance umbrella

The importance of SAP Governance, Risk, and Compliance and similar solutions has grown in recent years with the rise of cybersecurity threats, the proliferation of devices and access points, growth of cloud technology, and changing regulations.

SAP Governance, Risk, and Compliance Solutions

A wide range of solutions are available for SAP Governance, Risk, and Compliance. SAP partners also offer many products that provide similar functionality and are popular with SAP customers.

SAP Governance, Risk, and Compliance is a set of tools intended to help SAP customers streamline the management of risk and implementation of corporate controls. Recently, the vendor has also combined its cybersecruity offerings under the SAP Governance, Risk, and Compliance umbrella

The importance of SAP Governance, Risk, and Compliance and similar solutions has grown in recent years with the rise of cybersecurity threats, the proliferation of devices and access points, growth of cloud technology, and changing regulations.

SAP Governance, Risk, and Compliance Solutions

A wide range of solutions are available for SAP Governance, Risk, and Compliance. SAP partners also offer many products that provide similar functionality and are popular with SAP customers.

• Enterprise Risk and Compliance include products that help companies manage both internal and external organizational risk. Solutions for risk and compliance include Risk Management, Process Control, Financial Compliance Management, and Business Integrity Screening.
• International Trade Management is designed to help companies dive deep into their potential trade partners to explore risk possibilities, as well as helping manage customs processes. Products for International Trade Management include Watch List Screening and Global Trade Services.
• Cybersecurity, Data Protection, and Privacy is an area that is new to SAP Governance, Risk, and Compliance and has become vital for enterprises with increasing attacks and new regulations around data protection. Solutions in this space include Enterprise Threat Detection, Privacy Governance, and Data Custodian.
• Identity and Access Governance is a set of tools that once was primarily based around access controls but has grown to include identity management. This is important as companies have more system touchpoints. Access needs to be consistent across applications and devices to avoid risk. Products in this area include Access Control, Cloud Identity Access Governance, Identity Management, and Single Sign-On.

Key Considerations for SAPinsiders:

SAPinsiders are finding success with SAP Governance, Risk, and Compliance with SAP and its partners.

• Finding the balance of technology and process in Role Assignment Read this analyst insight to learn the value of role assignment automation and how it is critical to access control.
  • Webinar: Enabling Digital Transformation with Continuous Controls Monitoring (CCM) Watch thison-demand webinar to discover how CCM is playing a pivotal role in enabling smooth, secure transitions to SAP S/4HANA.
  • Event Presentation: Avoiding common audit issues when moving to SAP S/4HANA. Watch this on-demand event presentation to discover common risk themes, proven risk mitigation strategies, and how to document control decisions for auditability during SAP S/4HANA implementation.