What is SAP GRC & SAP GRC Process Control?

• GRC stands for Governance, Risk and Compliance. GRC is a discipline that aims to synchronize information and activity across governance, risk management and compliance in order to improve efficiency, enable more effective information sharing & reporting, and avoid wasteful overlaps.

• SAP Governance, Risk and Compliance is the offering from SAP to manage a corporation’s GRC processes in an effective and time-bound manner.

• SAP GRC Process Control provides ability to focus resources on high impact processes, regulations, and risks. It gives the possibility of continuous monitoring of control simultaneously improving compliance and efficiency of business process quality at the right cost.

• The built-in repository helps you to manage all policies, procedures and legal regulations applicable to business requirements. It allows you to link internal controls and policies with ongoing business activities and risks.

• The built-in workflow module allows you to send automated notifications to all stakeholders involved in process of assessment, remediation and control approving.

• It provides the management with capabilities to monitor and ensure that their organization is in compliance with the regulations through manual and automated evaluations.

• It provides an easy mechanism for implementation and monitoring of organizational policies.

SAP GRC PC Various Modules?

• Master Data

• Manual Evaluation

• Automated Monitoring

• Ad hoc issue management

• Policy Management

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