SAP Solution Helps To Predict, Manage Risk
SAP AG recently introduced new capabilities in two SAP BusinessObjects governance, risk, and compliance (GRC) solutions that promote automated, unified risk management and compliance strategies. New versions of the SAP BusinessObjects Risk Management and SAP BusinessObjects Process Control applications are said to give customers the clarity required to help ensure that the right controls are in place, helping them to both comply with government regulations and manage business risks.
This holistic view will help customers take a preventative approach to risk and be better protected against future vulnerabilities caused by rapidly shifting conditions. The new SAP BusinessObjects GRC solutions are also embedded with SAP BusinessObjects business intelligence (BI) solutions, enabling greater transparency across customers' organizations and helping them to develop smarter, more risk-aware business strategies.
“Our objective in our division is to be able to manage multiple compliance projects more efficiently,” said Kevan Wooden, VP, Controller Group Operations for Johnson Controls Building Efficiency division. “We expect that a global approach to managing and automating controls will improve our overall efficiency.”
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