by Greg Ertel, Governance, Risk and Compliance, SAP
Next to farming, global trade influenced the evolution of our modern society more than anything else. Dating back to China’s silk road or the Arabian trade caravans, global trade transformed civilization from isolated communities to advanced, networked societies. Through global trade, populations advanced economically, fueling the development of science, art, and literature. Not only were goods and products exchanged, but also ideas and information.
by Michael Lortz, Senior Director, Governance, Risk and Compliance, SAP
SAP GRC…Not My Father’s GRC
No doubt you’ve seen or heard about the great innovations SAP rolled out over the past year or two. The biggest of these innovations is SAP HANA, our in-memory database technology that’s already reshaped the boundaries of the technology world. But there are others…like our growing stable of mobile apps , our laser focus on the on-demand space, and more.
Well, I’m part of the team that keeps watch over SAP BusinessObjects governance, risk, and compliance (GRC) solutions. We haven’t been idly watching as the company speeds by – we’ve been working hard on some exciting innovations that leverage SAP’s major technology advancements.
This week, three of our recent GRC enhancements received GRC Technology Innovation Awards from Corporate Integrity. Two GRC mobile apps, SAP GRC Access Approver and SAP GRC Policy Survey, and our risk bow-tie builder received the awards. The entire team is proud to have received these awards – but we’re even more excited about what the apps can do for our customers.
By Marie Alami, SAP
What are the roadmap priorities for business analytics solutions from SAP in 2012? What’s SAP’s vision around systems of engagement? What does systems of engagement mean? What are the five compelling trends that accelerate systems of engagement?
You’ll also hear directly from SAP customers Sharp, Cobb Energy, FreshDirect, and Houghton Mifflin Harcourt Publishing as they discuss business challenges, how they resolved them, and the benefits of using business analytics solutions from SAP.
By Norman Marks, Vice President, Governance, Risk, and Compliance for SAP BusinessObjects
I have been writing for a while now (here and here) about what this term “GRC” really means. While the definition on CFO.com was fun – an academic definition of the word ‘mess’ – there is a serious meaning as well.
I prefer and advocate the OCEG definition of GRC. I would like to see the community agree on this:
“A system of people, processes and technology that enables an organization to:
I have also explained why I believe there is value in talking about GRC. See this post.
But, what does my employer, SAP, provide for organizations seeking to improve their GRC processes?
First, let’s examine what OCEG lists as processes included in GRC and which are supported by SAP solutions:
Admittedly, SAP’s solutions don’t cover every process equally. Some are addressed in depth (such as Finance and Risk Management) and others in less detail (such as Business Ethics).
This is why I always advise people to address their needs and the business problems they are trying to solve, rather than try to find a single “GRC solution”. I don’t believe in a single “GRC platform” unless you are talking about something like SAP’s NetWeaver, which is the foundation on which SAP’s various solutions reside.
Points for your consideration:
I could continue talking about all the other solutions for GRC processes, including features in SAP’s ERP products. But, there’s a limit on my and your patience. Let’s just say that the list of solutions for GRC processes is long and leave it at that!