If you have been following these GRC Tuesdays blog, then you might have noticed that this is the fourth year that we release a blog on “What Risks to Look Out for in [current year]”. This year again, I decided to use the very same format so that th...
Do you know what happened in 2016? So many great things! Netflix added offline downloads, a leading environmental group reclassified giant pandas as a “vulnerable” species rather than “endangered” one… and we released the very first GRC Tuesdays C...
This blog serves as a continuation of a blog series on Green Public Finance Management. After describing the concept and the key factors of Green PFM in the first post of the series, this second part takes a focused look at the responsibilities shoul...
AI generated image of a frustrated man surrounded by clouds and on-premise servers This week I saw an interesting data point in a ComputerWeekly article (CW) from the opening keynote at the start of the UK and Ireland SAP User Group’s Connect23 annu...
AI-generated image of a highway with guardrails running through the clouds Our Most Effective Security Controls One of the most powerful security controls we have in place at SAP are our cloud guardrails, or preventive controls applied to our publi...
I had a great opportunity to attend Quote-to-Cash conference in Budapest organised by TAC Events, meet up with the leading industry experts, fellow customers and partners and present them SAP CPQ quoting capabilities integrated with S/4HANA and BRIM ...
AI generated image of two security executives in front of a background of clouds and technology This article is part two in a series introducing SAP's new security and compliance leadership. For part one, please see Secure and Compliant Cloud Servic...
SAP has gone through a significant transformation in the last years. Despite cloud acquisitions before, SAP in 2018 was still primarily focused on on-premise software for its core solutions in the portfolio. 5 years later, SAP is in the top 5 of fas...
Whether adopting a first Enterprise Resource Planning (ERP) software or migrating from an existing one to the Cloud, organizations can gain many advantages from a complete offering of cloud solutions, infrastructure, and services combined together t...
In a world where sustainability is no longer a choice but a necessity, businesses must adapt swiftly to changing demands. SAP developed the SAP Sustainability Control Tower, a dynamic solution that blends financial and sustainability metrics to guide...
AI generated image of a frustrated security officer in front of a landscape of different industries and offices We talk in cybersecurity about the skills and qualities that leaders such as Chief Security Officers (CSO) and Chief Information Security...
We're coming to the end of the summer vacation period. I hope you had a great time and had an opportunity to recharge. Cloud security didn't stop, though, so here is a list of recent SAP cloud security articles published during this period that you ...
Cybersecurity is a multi-dimensional problem that never ends. We dance between security risks, available budgets, talent shortages, and tooling. Cloud transformation only increases complexity by adding new technologies, greater developer independenc...
In most people’s minds, “internal control” is the set of policies and procedures designed to ensure reliable and accurate financial reporting. Based on this understanding, there is a misconception that internal control only applies to publicly trade...
Streamline Risk and Compliance Management with SAP SignavioIn today's fast-paced business environment, managing risk and ensuring compliance are critical to sustaining success and fostering growth. SAP Signavio offers a powerful suite of tools design...
Over the past few years, CFOs have been challenged like never before to manage costs through supply chain constraints, inventory issues, inflation, currency fluctuation, regulations and more. They're often relied upon to identify where costs can be o...
Olá Dessa vez pretendemos abordar um tema importante que é a seleção de parceiros seja para o TDF ou seja para o DRC Statutory Reporting. Antes a pergunta mais importante? Preciso de parceiro complementar? A resposta SIM. Por que existem obrigações...
It is funny how little incidents can trigger a bright idea. Between different origins and accents, during customer discussions in Brisbane, Australia, there was a brief misunderstanding about whether in the phrase "Shared Fate" I had meant "fate" or ...
FAIR Methodology (Factor Analysis of Information Risk) for Risk Quantification In today's digitally driven world, organizations of all sizes and industries face the pervasive threat of cyberattacks. With businesses relying increasingly on technology...
One of the first known cases of a cyber-attack to critical infrastructures was the power outage in Ukraine, which left over 225,000 people without electricity for several hours. Cybersecurity has evolved significantly in today's ever-changing digi...
For those new to cloud security it is easy to find well-intentioned recommendations what you should do, but it is much harder to find clear frameworks and standards on how to implement and operate effective controls and processes in cloud landscapes....
Would you climb Mont Blanc, Kilimanjaro, or the Andes without a well thought-out plan, training, and investing in the right equipment? While I personally spend quite a bit of time hiking in the Alps, I would never summit high peaks without being pre...
I’ve written a couple of blogs on the topic of processes and controls already: one asking whether in GRC we miss the significance of the business processes because we focus a lot of attention on control compliance and control testing, and another ...
On this episode of the Trust Podcast, an SAP podcast about cybersecurity, trust and today’s landscape, SAP’s Chief Trust Officer Elena Kvochko was joined by Sandra Sucher, Professor of Management Practice at Harvard Business School and Author of "The...
It has been over two years now since I released the first blog of the GRC Tuesdays series – Creating a Business Case for a Governance, Risk, and Compliance Solution and I have since received many requests for a more in depth post, with more illustra...
Revolutionizing the Medical Device Industry with SAP BRIM Solutions The medical device industry is undergoing a significant shift away from traditional capital equipment acquisition models. This shift is due to increasing cost pressures, longer equi...
The past three years have brought about unprecedented challenges around the world--from the pandemic to the impact of climate change, a war and inflation. In fact, “Permacrisis” has been declared word of the year by The Collins Dictionary to reflect ...
All global trends such as pandemic, trade wars, environmental initiatives, workplace shifts and the fast rising of cybersecurity, have impacted all processes and systems of the organization and are also absolutely valid for Governance, Risk, and...
On episode eleven of the Trust Podcast, an SAP podcast about cybersecurity, trust and today’s landscape, SAP’s Chief Trust Officer Elena Kvochko was joined by Dana Rao, EVP, General Counsel, Chief Trust Officer, at Adobe. They discussed how Adobe fo...
Albeit not a cyber expert, I find myself more and more drawn into associated discussions because Cyber Risk Management and Enterprise Risk Management are really starting to “merge”. And this makes perfect sense since no risk occurs in silo. A Cyber ...
On episode ten of the Trust Podcast, an SAP podcast about cybersecurity, trust and today’s landscape, SAP’s Chief Trust Officer Elena Kvochko was joined by Matt Chiodi, Chief Trust Officer at Cerby. They discussed Trust at Cerby, cloud vs on-premise...
Digitization transforming insurance business models and markets. The insurance industry is hoping that the leap into digital processes will provide new impetus for their business and ultimately lead to growth and increased sales. Insurance companies...
On episode nine of the Trust Podcast, an SAP podcast about cybersecurity, trust and today’s landscape, SAP’s Chief Trust Officer Elena Kvochko was joined by Mike Towers, Chief Digital Trust Officer at Takeda Pharmaceuticals International. They discus...
Trust in the Fintech World with Emily Gonzales Drulis An Introduction to Trust On episode eight of the Trust Podcast, an SAP podcast about cybersecurity, trust and today’s landscape, SAP’s Chief Trust Officer Elena Kvochko was joined by Emily Gonza...
Breaking into Trust with Jim Alkove An Introduction to Trust On episode seven of the Trust Podcast, an SAP podcast about cybersecurity, trust and today's landscape, SAP's Chief Trust Officer Elena Kvochko was joined by Jim Alkove, former Chi...
How did you spend your New Year’s Eve? Drinking champagne, while dancing to your favorite top hits from the 1980s? This is how I spent my New Year’s Eve, considering my gray hairs! And what were your kids doing, while you were taking over the dance ...
If you have been following these GRC Tuesdays blog, then you might have noticed that this is the third year that we release a blog on “What Risks to Look Out for in [current year]”. This year again, I decided to use the very same format so that ...
1 year already! 1 year since we released the 2021 (nearly) best-selling platinum single GRC Christmas Carol. This year, I decided to go back to basics for inspiration. And how best to do it than through the greatest Christmas movies that we all enj...
There are frameworks such as Factor Analysis of Information Risk (FAIR) for a quantitative model to manage risk, such as implemented at SAP and described in this recent article. This helps articulate security risks into financial terms and helps art...
The transformation of commerce continues at a relentless pace. If you look at commerce innovation from a historical perspective, the biggest enablers for companies to innovate and take their business to the next level of productivity were ERP and Su...
As a refresh, at SAP we tend to talk about 4 key ERP processes for the Intelligent Enterprise: Source-to-Pay Recruit-to-Retire Design-to-Operate Lead-to-Cash This blog looks at the last of these, Lead-to-Cash, and is in fact the last in t...
I had just released a blog on Governance, Risk, and Compliance (GRC) securing the Source-to-Pay process when my colleague Neil Patrick – also from GRC Solution Management, raised a very valid point: Source-to-Pay is only 1 of the 4 end-to-end pro...
At SAP we tend to talk about 4 key ERP processes for the Intelligent Enterprise: Source-to-Pay Recruit-to-Retire Design-to-Operate Lead-to-Cash This blog looks at the second of these, Recruit-to-Retire, and is in fact a follow-on compani...
Charging stations in front of office building The decision of the EU Parliament that newly registered cars and light commercial vehicles will no longer be allowed to emit carbon dioxide from 2035 - should it also be approved by the Council of Mini...
I could have summarized the title with “GRC securing S2P” but I am not sure this would have been really clear so let me stay away from acronyms today for once. If you regularly read these GRC Tuesdays blog, then I am sure you are already acutely aw...
Companies trading internationally face severe risks if they fail to comply with relevant and fast-changing legal regulations. Risks include massive fines and even possible incarceration if failure is due to neglect. Companies may also be banned from ...
Let us have a look on the newly released SAP Standard Content for Billing and Revenue Innovation Management and how it works as an accelerator for (your) digital transformation. In a nutshell, the SAP Standard Content for Billing and Revenue Innovat...
Is your company thinking about changing to a subscription business model? Or is your company already offering subscriptions? What does it mean to be a subscription business? How is this different from pay-per-use? Are there other recurring revenue mo...
To begin with, I would like to introduce myself. My name is Denise Iwersen and I am a Customer Advisor for Financial Services in the Service Industries sector of SAP Germany. Sustainability currently is on everyone’s lips and has therefore led to the...
Why should you care? Most Cybersecurity blogs start with a few figures on how prominent this issue is, but the observation is simple and the finding without appeal: “ERP systems make an appealing target for hackers, as they run business-critica...
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Indian Accounting Standards Day: S/4HANA Empowers...
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What's New in SAP Subscription Billing (Q1 2025)
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