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Thursday, 13 March 2008

SAP Expands GRC Portfolio

 

 

SAP AG has unveiled new versions of its governance, risk and compliance (GRC) portfolio of solutions.

The new product features, according to the German software behemoth, aims to help customers accelerate resolution of security authorization issues without manual intervention, integrate risk and strategy management capabilities, assist in the central monitoring of business controls across multiple regions and IT landscapes, and help customers automate support for new trade and safety regulations.

The announcement was made at the GRC 2008 conference, which is being held in Orlando, Florida, March 10 – 13.

Alongside the event, SAP said the GRC business unit has expanded its market footprint and seen strong adoption across regions and industries. Companies including Unilever and Veolia Environnement are among the leading global organizations that are deploying unified GRC solutions from SAP.

As part of its GRC product updates, SAP is releasing new versions of the SAP® GRC Access Control, SAP® GRC Process Control and SAP® GRC Global Trade Services applications. In addition, the SAP® GRC Risk Management application is now integrated with the SAP® Strategy Management application, part of the company’s enterprise performance management solutions.

“We continue to see unprecedented market adoption of our GRC solutions, with customers across all major industries and regions using our solution set as the foundation of a unified, cross-enterprise GRC strategy,” said Simon Dale, Senior Vice President Specialist Solutions and Chief Technology Officer, SAP Asia Pacific Japan.

“The rich, robust product capabilities we’re delivering today further strengthen our ability to help our customers – whether in the boardroom or at the line-of-business level – to take a holistic view of their enterprise risks and controls in order to establish transparency and accountability, drive corporate strategy and performance, and boost shareholder value.”

All SAP solutions for GRC will be available to customers by end of March 2008.

 
 
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