GRC PC Practice
GRC Process Control
As regulatory mandates grow exponentially and more stringent, manual approaches to control activities are becoming untenable. By embedding automated controls into your cross-enterprise business processes, you can move away from resource-intensive manual control activities to address critical business risks with a rationalized set of automated controls - ensuring that your organization meets compliance mandates in the most timely and cost-effective fashion while optimizing operational efficiency.
The SAP GRC Process Control application provides a risk-based approach to establishing a control environment and identifying the most effective and efficient controls for business processes and cross-enterprise IT systems. It reduces the cost of compliance by streamlining and automating control processes, including automated controls with "lights-out" control testing to accelerate time to compliance. By enabling real-time, continuous controls-monitoring across business processes, SAP GRC Process Control improves business process management over multiple back-end systems and enforces company policies across the organization.
SAP GRC Process Control enables you to:
- Implement operational controls to improve business process management - Automate your business process control management to facilitate streamlined business processes. Implement controls for key risks using a combination of automated control monitoring, manual control testing, and self-assessments. Analyze trends and patterns in control activities to optimize business process performance.
- Reduce costs without compromising compliance - Transform your manual and piecemeal control activities into automated, simplified real-time management processes. Deploy predefined, automated control tests across multiple organizations and business units to reduce the number of controls that need to be maintained. Increase efficiencies and control process accuracy via manual control tests that are automatically routed to appropriate personnel, and via automatically created remediation cases.
- Enable lines of business to effectively mitigate risks - View a role-based dashboard to monitor control activities. Quantify financial exposure from failed controls to prioritize your business process improvements.
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