SAP Governance, Risk, and Compliance (GRC) is a powerful software solution that enables organizations to manage their regulations, compliance activities, and operational risks in a streamlined and automated way. As businesses grow and change, relying on simple documents and spreadsheets is no longer sufficient to satisfy external auditors and regulators. SAP GRC provides a robust framework to manage these complex challenges effectively.

The primary business benefits of implementing SAP GRC include:

• Simplified GRC Integration: Easily embed and automate key GRC activities directly into existing business processes.
• Efficient Risk Management: Lower complexity and improve how risks are identified and managed across the organization.
• Enhanced Performance: Improve overall risk management activities, leading to better organizational performance and decision-making.
• Effective Fraud and Audit Management: Proactively manage business fraud and streamline internal audit processes.
• Value Protection: Enable companies to perform better and protect their core values by ensuring integrity and compliance.

The SAP BusinessObjects GRC solution is built upon three main capabilities: the ability to Analyze, Manage, and Monitor an organization’s entire governance, risk, and compliance landscape.