Rise with SAP – Safe and CompliantThe success and acceptance of Your GRC initiative depend on how well Your Three lines of Defense (3 LoD) organization collaborates. The efficiency and usability in master data maintenance, flexibility to reflect organizational specifics and ongoing changes are therefore one of key requirements for a GRC Solution.
Framework maintenance in the SAP GRC Suite has always been an uphill task. In today’s risk-aware environment, global organizations need a way to update their GRC Risks and Control master data, as well as responsibilities assigned at a much faster pace than ever. A higher quality and consistency of the master data also results in fewer errors and reduction of support efforts.
Our ‘fit-for-purpose’ Apps are designed to streamline the day-to-day tasks of GRC users. There are three main apps, and each of them can be deployed independently:
My Control Maintenance
- Helps mass-update and create controls, assign risks, and perform other changes
- Augments efficient monitoring of the GRC framework
- Offers a fully customizable template structure
My User Maintenance
- Facilitated assignment, delimitation and replacement of users within GRC Framework and Roles
- Helps to fix inconsistencies and ensure the completeness of responsibilities
My Control Referencing
- Helps to manage shared services relations
- Reduces test, assessments and reporting efforts in ICS
- Boost the efficiency of referencing process
What makes our solution unique?
- Seamless integration: Include all native SAP GRC consistency and authorization checks, help to overcome limitations in local data maintenance and migrations.
- Intuitive Interface: Your users can quickly learn the apps eliminating lengthy and costly training sessions.
- Automation: Speeds up the process of updating GRC master data, allowing for quick responses to changes in the business and compliance environment
- High-Quality Data: helps to identify and resolve inconsistencies, enhancing the accuracy and consistency of data.
- Transparency of Changes: simulation mode and logging features provide a complete record of all changes in the system, ensuring full auditability.
What our Customers say
Many SAP GRC customers are using Riscomp Update Apps, achieving an efficient and well-organized governance framework. This approach helps them adopt more advanced Internal Control System (ICS) methodologies, reduces their total cost of ownership, and boosts user satisfaction.
With several hundred entities in place and thousands of localized controls documented, this self-service helps to save a lot of time and facilitates the high quality of documentation
The app is easy to use and is well-accepted
For GRC Service Providers
We offer an attractive partnership model for GRC service providers. SAP GRC customers keep their implementation and support partners as the primary points of contact, with Riscomp and SAP SE acting as software providers. By incorporating Framework Update Apps into their GRC setup, partners can significantly enhance customer satisfaction and provide value-added advisory services:
- Establishing a state-of-the-art Master Data Governance process
- Guiding and advising customers on advanced GRC concepts
- Planning and executing data migration projects
- Transforming application support efforts into more value-added activities