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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 Riskonnect?

Riskonnect distinguishes itself as a reliable Integrated Risk Management platform that features a continuously expanding selection of solutions founded on a top-tier cloud infrastructure, enabling users to elevate their risk management strategies across the entire organization. This platform empowers companies to gain a comprehensive understanding of their risks, manage them effectively, and mitigate potential issues, ultimately fostering improvements in shareholder value. With its highly flexible technology, Riskonnect is perfectly suited for forward-thinking organizations that are subject to increased scrutiny and expectations related to corporate governance, strategic planning, and risk mitigation efforts. The integrated offerings from Riskonnect equip businesses with the tools necessary to anticipate and respond adeptly to risks that could jeopardize their competitive edge, corporate image, and overall growth trajectory. Upon full implementation, Riskonnect delivers an extensive range of functionalities, such as Auditing, Business Process Control, Corrective Actions (CAPA), Risk Assessment, and Compliance, establishing itself as an indispensable resource for contemporary enterprises. Furthermore, organizations that adopt Riskonnect can anticipate significant enhancements in operational efficiency and more informed decision-making as they navigate the intricate landscape of risk management, ultimately leading to sustained success and resilience. This ensures that companies are not only reactive but also proactive in their approach to potential challenges.

Media

Media

Integrations Supported

Adobe Acrobat Sign
CognitiveScale Cortex AI
Common Controls Hub
Riskonnect Business Continuity Management
Riskonnect Business Strategy
Riskonnect ESG
SAP Joule
SAP Store
SCH Supplier

Integrations Supported

Adobe Acrobat Sign
CognitiveScale Cortex AI
Common Controls Hub
Riskonnect Business Continuity Management
Riskonnect Business Strategy
Riskonnect ESG
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

Riskonnect

Date Founded

2007

Company Location

United States

Company Website

riskonnect.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

Audit

Alerts / Notifications
Audit Planning
Compliance Management
Dashboard
Exceptions Management
Forms Management
Issue Management
Mobile Access
Multi-Year Planning
Risk Assessment
Workflow Management

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

Financial Risk Management

Compliance Management
Credit Risk Management
For Hedge Funds
Liquidity Analysis
Loan Portfolio Management
Market Risk Management
Operational Risk Management
Portfolio Management
Portfolio Modeling
Risk Analytics Benchmarks
Stress Tests
Value At Risk Calculation

GRC

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

Integrated Risk Management

Audit Management
Compliance Management
Dashboard
Disaster Recovery
IT Risk Management
Incident Management
Operational Risk Management
Risk Assessment
Safety Management
Vendor Management

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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