SAP Risk Management
FinanceDefinition
SAP Risk Management is a solution that enables organizations to identify, analyze, and mitigate risks through advanced analytics and reporting capabilities.
Detailed Description
SAP Risk Management helps organizations manage risk by providing tools for risk assessment, identification, and monitoring. The solution integrates risk management processes into business operations, enabling proactive risk mitigation and decision-making informed by real-time insights. It supports compliance with regulatory requirements and enhances the organization's ability to anticipate, evaluate, and respond to potential threats.
Key Features
- Integration with enterprise processes
- Real-time reporting and analytics
- Regulatory compliance support
- Risk identification and assessment tools
- Scenario analysis
Common Modules
SAP Financial Supply Chain Management (FSCM)
A module that helps manage risk associated with financial supply chains.
SAP Governance, Risk, and Compliance (GRC)
A comprehensive suite addressing corporate governance, risk management, and regulatory compliance.
Popular Implementations
Global Manufacturing Company
Implemented SAP Risk Management to improve their risk assessment processes and ensure regulatory compliance across international operations.