SAP GRC
Core ConceptsDefinition
SAP's suite of solutions for Governance, Risk, and Compliance management.
Detailed Description
SAP GRC (Governance, Risk, and Compliance) is a comprehensive suite of software solutions designed to help organizations manage regulations and compliance and remove any risk in managing organization's key operations. SAP GRC enables companies to unify their governance, risk management, and compliance activities under one integrated platform. The suite provides tools for managing corporate policies and procedures, identifying and mitigating risks, ensuring compliance with regulatory requirements, and automating processes to reduce the likelihood of errors or fraud. SAP GRC solutions help organizations to proactively manage risk, reduce compliance costs, and improve business performance by standardizing and integrating key processes across the enterprise.
Key Features
- Access Control
- Audit Management
- Environment, Health, and Safety Management
- Fraud Management
- Global Trade Services (GTS)
- Policy Management
- Process Control
- Risk Management
Common Modules
SAP Global Trade Services (SAP GTS)
Manages global trade compliance, automates customs processes, and reduces the risks of penalties.
SAP GRC Access Control
Manages user access and enforces segregation of duties to prevent unauthorized access to critical business data.
SAP GRC Audit Management
Streamlines internal audit activities to improve audit efficiency and effectiveness.
SAP GRC Fraud Management
Detects, investigates, and prevents fraudulent activities within business processes.
SAP GRC Process Control
Automates monitoring of internal controls and compliance policies to ensure operational efficiency.
SAP GRC Risk Management
Facilitates identification, analysis, and mitigation of enterprise risks to support strategic decision-making.