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SAP AG is offering new versions of its software to manage governance, risk and compliance (GRC). The vendor has released updates of its GRC Access Control, GRC Process Control and GRC Trade Services applications. In addition, the SAP GRC Risk Management application is now integrated with the company's Strategy Management software. GRC Access Control helps companies to maintain compliance by making sure that employees' security authorizations match their roles and duties. If overlapping roles are detected, managers are automatically notified of any security risks. GRC Profess Control centrally monitors controls across multiple business processes, within both SAP and non-SAP environments. The new version also allows customers to automatically monitor compliance with more than 200 controls in SAP and non-SAP systems, such as PeopleSoft and Oracle Applications. The system can detect control exceptions and prioritize corrective action with a global "heat map," color-coded according to geographic region. SAP has expanded the capabilities of GRC Global Trade Services to streamline cross-border trade and accelerate compliance with new trade and environmental safety regulations. All of SAP's newest applications for GRC will be available to customers by the end of March.
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