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What is SAP GRC?

Optimize the handling and automation of risks, controls, identities, cyber threats, and global trade within your organization by leveraging embedded analytics and cutting-edge artificial intelligence. Consolidate enterprise risk and control workflows into a cohesive technology platform that utilizes continuous monitoring to support agile decision-making processes. Strengthen your security stance in an era of escalating digital threats by embracing services and solutions fostered through a strategic partnership between SAP and EY. Explore strategies to ensure that Governance, Risk, and Compliance (GRC) initiatives are in harmony with your organizational objectives by studying the successful audit and GRC transformation undertaken by OYAK Mining Metallurgy Group. Build a persuasive business case aimed at advancing your GRC framework by evaluating the advantages offered by technologies that automate risk assessments, fraud detection, and audit management. Acquire thorough insights into how various risk elements can affect your company’s value and reputation, allowing you to make strategic, risk-aware decisions with our enterprise risk management (ERM) software. Additionally, through a deeper understanding of these relationships, organizations can not only proactively address risks but also capitalize on growth opportunities that arise. Ultimately, this approach positions your organization to navigate complexities and thrive in a rapidly evolving landscape.

What is Risk Cognizance?

Risk Cognizance represents a cutting-edge governance, risk, and compliance (GRC) platform that leverages artificial intelligence to streamline and improve governance, compliance, audit management, cybersecurity, and enterprise risk management processes. By unifying diverse elements like governance, risk evaluation, compliance monitoring, third-party risk assessment, auditing, policy management, business continuity planning, and attack surface management within a single cloud-based framework, it allows organizations to shift from a reactive stance to a more proactive and automated approach to risk management. This innovative platform brings together previously separate tools, spreadsheets, workflows, regulatory requirements, risk assessments, evidence, policies, controls, vendors, incidents, and audit data into a singular, intelligent GRC ecosystem. Enhanced by advanced AI capabilities, Risk Cognizance supports automated workflows, delivers predictive analyses, offers compliance scoring, and aids in control mapping, gap analysis, risk identification, remediation strategies, regulatory oversight, and provides an up-to-date view of the organization. This multifaceted solution not only simplifies the complexities associated with regulatory compliance but also equips organizations with the necessary tools to establish a robust and effective risk management framework. Ultimately, Risk Cognizance stands out as an essential resource for businesses aiming to thrive in an increasingly complex regulatory environment.

Media

Media

Integrations Supported

CognitiveScale Cortex AI
SAP Joule
SAP Store
SCH Supplier

Integrations Supported

CognitiveScale Cortex AI
SAP Joule
SAP Store
SCH Supplier

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SAP

Date Founded

1972

Company Location

Germany

Company Website

www.sap.com/products/erp-financial-management/grc.html

Company Facts

Organization Name

Risk Cognizance

Date Founded

2020

Company Location

United States

Company Website

riskcognizance.com

Categories and Features

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

Categories and Features

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

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