SAP’s white paper introduces a GRC approach that can help address all regulatory- and business-related risks while lowering overall cost of compliance.
Not all governance, risk, and compliance activities are equally important. Management needs to carefully consider the relative significance of the various GRC activities and factor in related concerns, including the nature of the business; the level of inherent risk for various processes, projects, and objects; and the degree to which there are adequate numbers of employees who are skilled in carrying out various projects and processes.
With a unified GRC solution, an organisation can benefit from the following:
- Increased shareholder value
- Optimised risk-return portfolios
- Reduced GRC costs
- Improved business performance and predictability
- Business sustainability
- Greater business agility