SAP Risk Management

🚀 As a Product Manager deeply immersed in the realm of innovation, let’s explore an exciting yet imaginary scenario— the integration of SAP S/4HANA Cloud with Artificial Intelligence for advanced risk management. Although currently a... Read More »

Game Changer for our Customers This is a momentous event in SAP GRC! We are adding a new public cloud risk management capability to our already exciting public cloud internal control solution SAP Financial Compliance Management (FCM). Take a look at... Read More »

To me, this adage fully applies to risk management where the complex situation and environment of a risk can more easily be grasped visually using dedicated graphical models like the bow tie representation. Indeed, I believe this type of... Read More »

TPM60CVA – Calculate Net Present Values – With CVA and DVA In Treasury and Risk Management, one can use the following functions for system to calculate NPVs (or fair values): Transaction JBRX – Single Value Analysis: NPVto... Read More »

The bottom line is pretty straight forward: it’s because risk management is not about preventing the business from progressing faster. It’s actually to help it thrive and take the right level of risk – the one that will support the... Read More »

FAIR Methodology (Factor Analysis of Information Risk) for Risk Quantification In today’s digitally driven world, organizations of all sizes and industries face the pervasive threat of cyberattacks. With businesses relying increasingly on... Read More »

One of the first known cases of a cyber-attack to critical infrastructures was the power outage in Ukraine, which left over 225,000 people without electricity for several hours.   Cybersecurity has evolved significantly in today’s... Read More »

Part #5/5: Summary and conclusions The fifth and the last part of the article summarizes the topic. In this section, we will gather all the information and answer the questions: Why the topic of access risk and SoD control is important? and Why it... Read More »

Author’s LinkedIn Profile : linkedin.com/in/javedkhan0107 Purpose of the document: Creation and assignment of Mitigation Controls in SAP GRC 12.0.This document describes the Mitigation configuration proces in GRC12 Access Control in very... Read More »

Part # 2/5 – When is it worth to create and when should we avoid mitigating controls? In the previous part (#1) of our Mittigation control series of articles  we concluded that managers responsible for business operations must decide when and in... Read More »