3 Key Elements to Bolster your Risk Management Strategy

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SAPinsider, Oct/Nov/Dec 2014 Risk is unavoidable in your business decisions and operations, but it can be managed with the right technology and the right strategy. SAP solutions for governance, risk, and compliance (GRC) enable organizations to manage risk and comply with highly complex financial, compliance, and regulatory audits. However, rapidly evolving audit requirements are changing the way that organizations do business, and merely implementing GRC solutions is not enough. By putting a comprehensive risk management strategy in place now, organizations can protect themselves from future risks. A successful risk management strategy incorporates three essential elements: roles and responsibilities, policies and procedures, and technology. Download_PDF

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3 Key Elements to Bolster your Risk Management Strategy

SAPinsider, Oct/Nov/Dec 2014

Risk is unavoidable in your business decisions and operations, but it can be managed with the right technology and the right strategy. SAP solutions for governance, risk, and compliance (GRC) enable organizations to manage risk and comply with highly complex financial, compliance, and regulatory audits. However, rapidly evolving audit requirements are changing the way that organizations do business, and merely implementing GRC solutions is not enough. By putting a comprehensive risk management strategy in place now, organizations can protect themselves from future risks. A successful risk management strategy incorporates three essential elements: roles and responsibilities, policies and procedures, and technology.

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