SAP Audit Management
Filter By
Browse By
- SAP Analytics and AI
- SAP Application Development and Integration
- All SAP Application Development and Integration
- SAP ABAP
- SAP ABAP Development Tools
- SAP ABAP Test Cockpit
- SAP API Management
- SAP BAPI
- SAP Basis
- SAP BRF
- SAP Business Application Studio
- SAP CMS
- SAP Design Studio
- SAP Development Tools
- SAP DevOps
- SAP EAI
- SAP EDI
- SAP Extension Suite
- SAP Fiori
- SAP Fiori Elements
- SAP Integration Suite
- SAP Low Code Application Development
- SAP Low Code Automation
- SAP Netweaver
- SAP Release Management
- SAP UI5
- SAP Web Application Server
- SAP Web IDE
- SAP Business Process Management
- SAP Center of Excellence
- SAP CIO
- SAP Customer Experience
- SAP Data and Data Management
- All SAP Data and Data Management
- SAP BW
- SAP BW/4HANA
- SAP Crystal Reporting
- SAP Data Archiving
- SAP Data Center
- SAP Data Governance
- SAP Data Integration
- SAP Data Migration
- SAP Data Quality
- SAP Data Services
- SAP Data Strategy
- SAP Data Visualization
- SAP Data Warehouse Cloud
- SAP DMS
- SAP Document Control
- SAP EIM
- SAP ETL
- SAP ETL Tools
- SAP HANA
- SAP HANA Administration
- SAP HANA Deployment Infrastructure
- SAP HANA Studio
- SAP Master Data
- SAP Master Data Governance
- SAP MDM
- SAP Enterprise Architect
- SAP Enterprise Asset Management
- SAP ERP
- SAP Finance
- All SAP Finance
- SAP Accounting
- SAP AR AP
- SAP Asset Accounting
- SAP Billing Systems
- SAP BPC
- SAP BRIM
- SAP Cash Management
- SAP Central Finance
- SAP Controlling
- SAP COPA
- SAP Cost Center Accounting
- SAP e-invoicing
- SAP FICO
- SAP Finance Automation
- SAP Financial Closing Cockpit
- SAP Financial Consolidation
- SAP Financial Planning
- SAP FX Risk
- SAP General Ledger
- SAP Global Tax Management
- SAP Hyperion
- SAP Order to Cash
- SAP Payment Processing
- SAP Profitability Analysis
- SAP Rebate Management
- SAP S/4HANA Finance
- SAP Universal Journal
- SAP Governance Risk and Compliance
- SAP Human Capital Management
- SAP Intelligent Technologies
- SAP Platform and Technology
- All SAP Platform and Technology
- SAP Business Technology Platform
- SAP Cloud Connector
- SAP Cloud Integration Platform
- SAP Cloud Migration
- SAP Cloud Platform
- SAP Cloud Providers
- SAP Cloud Strategy
- SAP Container Platform
- SAP Digital Asset Management
- SAP Digital Integration Hub
- SAP Digital Signature
- SAP HANA Enterprise Cloud
- SAP HEC
- SAP Hyperscalers
- SAP Infrastructure
- SAP Messaging
- SAP Smart Forms
- SAP Quality and Testing
- SAP Security
- SAP Spend Management
- SAP Supply Chain Management
- All SAP Supply Chain Management
- SAP APO
- SAP Asset Management
- SAP Business Network
- SAP Digital Manufacturing Cloud
- SAP Digital Twin
- SAP EWM
- SAP IBP
- SAP Inventory Management
- SAP Label Printing
- SAP Logistics
- SAP Manufacturing
- SAP Manufacturing Automation
- SAP MES
- SAP MII
- SAP MM
- SAP MRO
- SAP MRP
- SAP Order Management
- SAP Plant Maintenance
- SAP PLM
- SAP Production Planning
- SAP S&OP
- SAP SD
- SAP SPM
- SAP Supply Chain Planning
- SAP Track and Trace
- SAP Transportation Management
- SAP System Administration
What is Audit Management?
Audit management is an important process for companies looking to stay ahead of external and internal audits, stay compliant, and save time when it comes to auditing. Audit management seeks to correctly implement board-approved audit directives.
What is Audit Management?
Audit management is an important process for companies looking to stay ahead of external and internal audits, stay compliant, and save time when it comes to auditing. Audit management seeks to correctly implement board-approved audit directives.
What is SAP Audit Management?
SAP Audit Management can help ensure company processes around SAP and the data it contains are followed. Struggling to meet audit standards and stay compliant can have major consequences for companies — from external fines to the breakdown of internal processes. Staying on top of audit management requires work and documentation. If done manually, it can be an arduous process with a high potential for error. That’s where companies turn to automation and audit assistant through technology.
Audit management software may include some or all of the following features:
- Risk evaluation
- Audit metrics reporting and dashboarding
- Digitization of audit documents
- Audit report automation
- Issues tracking and monitoring
Vendors such as Protiviti and RSM provide audit management solutions that seek to automate much of the audit management process. Additionally, tax-focused vendors such as Vertex have tools that automate compliance, which will ultimately making audits easier through better reporting and fewer issues.
Key Considerations for SAPinsiders:
- In our recent GRC research, we found rapid changes within compliance and data privacy regulations to be a top driver. However, only about a quarter of companies surveyed said they were looking to grow internal audit as a skillset. This suggests that many companies have what they need for internal audits — if your company does not, you may be falling behind.
- In that same research, we found audit management to be one of the most used GRC solutions, in place at over half of organizations. Improving GRC automation was a top strategy, while facilitating audit planning and performance was also a top strategy. Leading companies are prioritizing audit planning and performance and looking to automate.
- Audit your audit planning process. Regulations around data privacy have made major changes in recent years, and regulatory requirements are likely to continue to change more frequently than we’ve seen before. Planning for audits and conducting regular internal audits is important, and you may need to find a way to be more agile to stay compliant. Of course, getting GRC processes streamlined and consistent in the first place will also help audit planning.
350 results
-
Tips for SAP GRC audits: Q&A with GRC 2013 speaker Marc Jackson (transcript)
Reading time: 10 mins
In his session at GRC 2013, compliance and security Marc Jackson makes the case for auditing your SAP GRC systems – something not to be overlooked in your system audits. In a recent online Q&A on Insider Learning Network, Turnkey Consulting’s Marc Jackson took questions on GRC audits, useful transactions and tools, auditing performance and…
-
Achieving Internal Audit Relevance with Protiviti
Reading time: 3 mins
Global consulting firm Protiviti recently released the results of its 2023 report Internal Auditing Around the World®, Volume XIX, its nineteenth annual edition. To find out the different paths to relevance, Protiviti spoke with industry leaders like Bayer AG, Hilton, PNC, Vanderbilt University Medical Center, and many more. By sourcing information from across different disciplines,…
-
Integrated Security Solutions to Mitigate Risks on All Fronts
Reading time: 5 mins
The new digital economy brings an unprecedented flow of data into the enterprise, which in turn leads to an unprecedented governance, risk, and compliance (GRC) challenge. As organizations struggle to sort through this data, cybercriminals are working just as hard to steal it. In order to stay secure, businesses need integrated GRC solutions that not…
-
-
The Benefits of Application GRC
Reading time: 5 mins
This year has seen many organizations face challenges brought on by the economic climate. Some have reduced staff, while others are putting projects on hold to reduce the need for capital expenditure. This is particularly true in the cybersecurity space as seen in our May 2023 report Cybersecurity Threats to SAP Systems. More than half…
-
- Premium
A Checklist for an SAP Solution Manager System Audit
Reading time: 7 mins
Manager/GRCSAP Solution Manager’s features make it a challenging candidate for a system audit and review. Use this matrix to establish your approach to auditing SAP Solution Manager. Key Concept Most SAP applications are easy to classify as either transactional or analytical applications, which makes them relatively simple to audit. However, SAP Solution Manager is not…...…
-
- SAP Audit Management
- Premium
Case Study: Innovation in Audit Management – Enabling True Alignment Between Risk & Audit at Equinor
Driven by the need to effectively translate company strategy, ambitions, and risks into actions and results; Equinor, a multinational energy company with operations in more than thirty countries, is utilizing an integrated performance management and risk solution powered by SAP UI5, SAP BW on HANA, SAP BusinessObjects Lumira, and SAP Analytics Cloud. Taking it one…
-
Timken’s Accounting Automation Enables a Virtual Close and Streamlined Audits
Reading time: 8 mins
For companies with growth strategies that rely heavily on acquisitions, there are multiple complexities involved with integrating the systems, data, processes, and people. In addition, the challenge of maintaining a remote workforce due to recent global events comes with its own set of complications. However, somehow through all this complexity, products are still being made,…
-
-
- Premium
Continuous Controls Monitoring: A Cost-Effective Way to Ensure Compliance
Reading time: 12 mins
Continuous controls monitoring (CCM) can help reduce compliance costs, strengthen the control environment, and reduce the risk of unintentional errors and fraud. Learn how using CCM in your GRC activities can improve business process operations in an efficient, cost-effective manner. Key Concept Automated continuous control monitoring (CCM) can provide a wealth of benefits to a…...…
-
- SAP Process Control
- Premium
Pfizer Standardizes Process Controls and Moves to Continuous Remote Audits
Reading time: 4 mins
This case study explains how the Manual Control Performance (MCP) capability in SAP Process Control empowered Pfizer, an American multinational pharmaceuticals company headquartered in New York City with approximately 88,300 employees worldwide, to standardize controls across all sites, centralize, control performance, and perform continuous control monitoring (CCM). This content is for SAPinsider Monthly Subscription, SAPinsider…
-
- Premium
7 Standard SAP Reports for Audit Information
Reading time: 11 mins
Many SAP users think that only third-party tools can carry out a security audit of your SAP system. If you know where to look in your SAP system, you can find some hidden gems that provide you with information that auditors want. See seven standard reports that you can use to better prepare for your…...…
Featured Insiders
-
Marie-Luise Wagener-Kirchner
Vice President, Product Management Finance and Risk – GRC Solutions
-
James Roeske
CEO, Customer Advisory Group
-
Aric Quinones
Managing Director, Protiviti
Become a Member
Unlimited access to thousands of resources for SAP-specific expertise that can only be found here.
Upcoming Events
-
Register Now: SAPinsider Technovation Summit Barcelona: AI + SAP BTP
May 14 - 15, 2024
Barcelona, Spain
Related Vendors
Your request has been successfully sent