Are manual compliance checks slowing down your business and overwhelming your internal teams? Endless documentation, repeated tasks, and reactive processes drain productivity and increase the chance of human error. That’s one of the reasons why more than 3,500 businesses worldwide have shifted to SAP GRC (Enlyft).

If you also want to get rid of unending spreadsheets, repetitive control checks, and inconsistent processes, then implementing SAP GRC can help you with that. But before that, you should have a complete idea of this SAP system. Don’t worry! This blog will help you with that, as we are going to cover all the pointers, including:  

• What is SAP GRC?
• Core modules of SAP GRC
• The benefits of SAP GRC for organisations
• Best practices for SAP GRC implementation
• How can PatternBots help?

What is SAP GRC?

SAP GRC is a set of products and solutions that helps businesses manage enterprise resources in a way that reduces compliance costs, minimises risks, and builds trust. With the help of products like SAP GRC Risk Management, SAP GRC Audit Management, and SAP GRC Process Control, you can automate governance, risk, and compliance activities. Moreover, SAP GRC Access Control also monitors risks, ensures internal controls, and coordinates governance, risk, and control with a unified technology platform.

Core modules of SAP GRC

SAP GRC isn’t just a single tool; there are different suites of modules that help manage specific aspects of enterprise risk and compliance. Let’s know each of them so you can get a better idea of SAP GRC controls:

1. SAP GRC Risk Management 

With this solution, businesses can easily access risk analysis in SAP GRC. By allowing real-time monitoring, SAP Risk Management lets you extract detailed information related to business risks so that you can plan your threat strategy effectively. 

2. SAP GRC Process Control 

By creating a unified platform to manage compliance processes and regulatory policies, SAP Process Control can help you automate control monitoring, so your team spends less time on manual checks and more time on important tasks.

3. SAP GRC Audit Management 

With mobile-friendly capabilities, this solution streamlines internal and external audits by simplifying activities like audit report generation, documenting evidence, and organising working papers. Thus, you can easily keep track of the audit reports and results.

4. SAP Business Integrity Screening 

If you need to prevent errors, suspicious transactions, or fraud, you can easily do that with the real-time visibility of SAP GRC controls. Its screening tools and predictive analysis easily detect and prevent anomalies and help you maintain business integrity.

5. SAP Watch List Screening 

Nowadays, companies have to verify business partners, as they can’t collaborate with restricted organisations flagged by government or international bodies. The automated screening mechanism of SAP GRC simplifies this process and identifies denied parties so that businesses can save time and effort while doing so.   

6. SAP Global Trade Services

The automated trading processes of SAP GRC help global businesses in many ways. First, they accelerate the cross-border supply processes to control costs. Second, they ensure that all compliances related to exports and imports are met. Third, they use a certified interface for connecting with custom systems and screening embargos. This way, you can centrally manage all global trade operations.

7. SAP Enterprise Threat Detection 

The SAP Enterprise Threat Detection module helps businesses detect, invest, and respond to threats by using the following features:

• Detection: Attack detection patterns are used to identify SAP-specific threats.
• Codeless: Generates custom attack detection patterns without requiring any code. 
• Alerting: Provide alerts to investigate threats by pushing alerts to external systems.
• Privacy: User data is kept private by default. Only authorised users can see real personal data, and only if necessary.

8. SAP Privacy Governance

With SAP Privacy Governance, you don’t have to worry about maintaining compliance with GDPR, CCPA, and HIPAA mandates. It helps identify privacy risks, manage assessments, monitor compliance, and automate data subject requests. This module’s AI-powered identity verification and data lifecycle monitoring features also help businesses manage, update, or delete personal data through streamlined workflows.

9. SAP Cloud Identity Access Governance 

SAP Cloud Identity Access Governance offers dashboard-driven identity and access management for cloud and on-premises systems. It provides real-time access analysis, configurable access policies, and dynamic user access updates. Its control and risk management features help in extended access control and prebuilt audit reporting.

10. SAP GRC Access Control

SAP GRC Access Control automates user access management, monitors Segregation of Duties (SoD) risks, and manages privileged access. This way, businesses can control access to SAP applications to prevent fraud and ensure compliance with different regulations.

All these modules of SAP GRC help businesses with a lot of advantages and benefits. Let’s move on to that in the next section. 

The benefits of SAP GRC for organisations

By providing an integrated suite of platforms and applications, SAP GRC helps businesses in corporate governance, risk, and compliance processes, ensuring the following advantages:

• Improved compliance

SAP GRC enables organisations to maintain compliance with industry standards and government regulations. It helps organisations to automate the process of tracking and monitoring compliance activities.

• Added security

SAP GRC offers a wide range of security solutions that assist businesses in protecting their critical business information and processes. In this way, you can easily reduce risks and improve the overall security of your business.

• Streamlined procedures

SAP GRC Audit Management streamlines your operations by automating business processes and reducing manual and error-prone efforts. This way, you can easily improve operational efficiency and reduce operational costs for your business.

• Reduced risk

With the SAP system, you can easily identify, manage, and reduce business risks. It also helps businesses detect fraud, so you can be assured that illegal or fraudulent activities are prevented at an early stage.

• Improved visibility

SAP GRC works on a centralised platform that manages and monitors all the necessary compliance activities. This, in turn, helps provide a clear and concise view of the company’s compliance posture.

Best practices for SAP GRC implementation

If you need to manage the governance, risk, and compliance of your business in the right way, you can do it by implementing SAP GRC in the following way:

1. Understand your needs 

Before implementing SAP GRC, you should understand your organisation’s governance, risk, and compliance requirements. While doing so, don’t forget to identify the standards that you have to follow while adhering to the governance requirements. Moreover, you can also customise the SAP GRC solutions as per your needs to have better control.

2. Ensure ongoing controls

SAP GRC is not a one-time thing; you must regularly review the access restrictions and resource provisioning to ensure continuous analysis. Businesses can easily reduce the risks of missing compliance requirements by implementing SAP system tools and creating well-defined rules.

3. Continuous communication 

You will have to ensure that employees at every level of your organisation understand SAP GRC Access Control well, not just at the tech level. Regular communication between employees and IT & security frontline teams can ensure a better understanding of the GRC processes. This can surely help you with better alignment of GRC challenges, goals, and priorities. 

4. Training to employees

You should ensure that employees at every level of your organisation are well-trained in GRC responsibilities. When employees are well aware of their role in achieving regulatory compliance, you can identify issues in a timely and effective manner.

How can PatternBots help?

If you want to implement SAP GRC solutions in your business, you can get assistance from PatternBots. With our expert consultancy services, we can help you choose the right GRC module for your business requirements. With more than 15 years of experience with SAP security and compliance, our SAP GRC consultants can help with the gap analysis and module selection so you can finalise the right GRC setup for your business. Work with us to automate and simplify your risk governance processes.   

Conclusion

By now, you may have gotten a complete idea about the SAP GRC Process Control. You can now easily implement the SAP GRC solutions in your business by identifying the core modules, benefits, and best practices. However, consulting with an SAP Security expert before implementing the GRC can help you with a foolproof strategy that aligns with your business needs.

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