SAP GRC
Organisations may manage their governance, risk management, and compliance procedures with the aid of SAP GRC (Governance, Risk, and Compliance) an integrated suite of solutions. It is an extensive software suite that gives companies the following capabilities.
Governance
Create and uphold corporate policies and guidelines.
Make sure that all business activities adhere to the applicable laws and guidelines.
Simplify procedures for making decisions.
Risk Control
Determine, evaluate, and reduce risks within the company.
Continually track and handle any hazards.
Give a comprehensive picture of risk exposure.
Compliance
Make sure that company rules, legal requirements, and industry regulations are all followed.
Automate the processes for reporting and monitoring compliance.
React to audits with greater effectiveness.