I thought it was about time I did a bit of an update from my side on SAP’s use of AI in GRC focussing on public cloud. Of course we also have amazing cases we are exploring in private cloud, too.I wrote a GRCTuesdays blog in 2021 where I mentioned ...
Reset your Perception!First thing is to say is that SAP Financial Compliance Management has changed names to SAP Risk and Assurance Management (as of end February 2024). I'll use the new name in the rest of the blog.But a new name isn’t going to be t...
Game Changer for our Customers
This is a momentous event in SAP GRC! We are adding a new public cloud risk management capability to our already exciting public cloud internal control solution SAP Financial Compliance Management (FCM). Take a look at ...
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 ...
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...
Hi Steve
Thanks! We're pleased too!
Great question on AI. The opportunities are tantalising.
We actually have a number of AI-based topics for FCM for 2024 that we are evaluating right now. Once completed we will be able to put them on our roadmap....
Hi Abhinay
Good question! You are tapping into one of the GRC strategies here at SAP.
SAP Financial Compliance Management (FCM) will eventually grow to cover the business requirements that SAP Process Control (PC) and SAP Risk Management (RM) cover...
Hi Uppdeep
Thanks for the pointers.
I suppose it depends if the design assessments really focus on the design of the process, or design (and effectiveness) of the control. And somehow I still feel there is the chance that a sub-process assessment ...