Compliance and Risk Management Offerings
SAP Governance, Risk and Compliance
Sharpen your Competitive Edge with GRC solutions
To stay ahead of the pack it is critical to take into consideration GRC solutions within the parameters of financial and operational frameworks of one’s business. Automated applications create a proactive, unified approach to governance, risk, and compliance meeting global standards. Kaar’s SAP GRC programs handle all the nuances from risk management to compliance reporting. The focus is on bettering risk prevention, diminishing compliance costs, audit programs and superior performance, with predefined best practice workflows, assessments, surveys and signoffs. One can also share controls and test results across the various compliance products. It also enables balancing opportunities with financial, legal and operational risk exposure.
Access Control enables ones to manage and control enterprise risks by automatically detecting and remediating access risk violations. This helps eliminate fraud and lower access management costs and ongoing compliance activities. The templates also automate reviews of segregation of tasks, critical access and other super-user benefits. Additionally, it regulates requests for multiple systems and has embedded preventive compliance monitoring.
With Process Control one can effectively scrutinize critical risk indicators and compliance effectiveness across business processes. This will create efficiency and control by aligning risk and compliance procedurals across systems. Automated and predefined workflows, assessments, surveys among others, result in process efficacy. With Process Control enterprises can proactively manage checks and policies in different environments. With the exhaustive set of analytics one can also continuously gauge compliance, control and remediation status.
Risk Management provides comprehensive analytics to visibly detect risks and balance the same. In a broader perspective it helps create opportunities for firms by highlighting risk exposure and thereby safeguarding business value at all levels of the enterprise. It empowers the running of intuitive risk assessment backed by simulations and statistics. With automated and predefined templates one can leverage industry best practices.
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