Governance, Risk and Compliance - Realizing the Value

SAP White PaperSAP Solutions for Governance, Risk, and Compliance
GOVERNANCE, RISK, AND
COMPLIANCE MANAGEMENT:
REALIZING THE VALUE
OF CROSS-ENTERPRISE
SOLUTIONS1 Copyright 2007 SAP AG. All rights reserved. HTML, XML, XHTML and W3C are trademarks or registered © trademarks of W3C®, World Wide Web Consortium, No part of this publication may be reproduced or transmitted in Massachusetts Institute of Technology. any form or for any purpose without the express permission of SAP AG. The information contained herein may be changed Java is a registered trademark of Sun Microsystems, Inc. without prior notice. JavaScript is a registered trademark of Sun Microsystems, Inc., Some software products marketed by SAP AG and its distributors used under license for technology invented and implemented contain proprietary software components of other software by Netscape. vendors. MaxDB is a trademark of MySQL AB, Sweden. Microsoft, Windows, Excel, Outlook, and PowerPoint are registered trademarks of Microsoft Corporation. SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver, and other SAP products and services mentioned herein as well as IBM, DB2, DB2 Universal Database, OS/2, Parallel Sysplex, their respective logos are trademarks or registered trademarks of MVS/ESA, AIX, S/390, AS/400, OS/390, OS/400, iSeries, pSeries, SAP AG in Germany and in several other countries all over the xSeries, zSeries, System i, System i5, System p, System p5, System x, world. All other product and service names mentioned are the System z, System z9, z/OS, AFP, Intelligent Miner, WebSphere, trademarks of their respective companies. Data contained in this Netfinity, Tivoli, Informix, i5/OS, POWER, POWER5, POWER5+, document serves informational purposes only. National product OpenPower and PowerPC are trademarks or registered specifications may vary.trademarks of IBM Corporation. These materials are subject to change without notice. These Adobe, the Adobe logo, Acrobat, PostScript, and Reader are materials are provided by SAP AG and its affiliated companies either trademarks or registered trademarks of Adobe Systems ("SAP Group") for informational purposes only, without Incorporated in the United States and/or other countries. representation or warranty of any kind, and SAP Group shall not be liable for errors or omissions with respect to the materials. Oracle is a registered trademark of Oracle Corporation. The only warranties for SAP Group products and services are those that are set forth in the express warranty statements UNIX, X/Open, OSF/1, and Motif are registered trademarks accompanying such products and services, if any. Nothing herein of the Open Group. should be construed as constituting an additional warranty.
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2CONTENTS
Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
The Business Need for Cross-Enterprise GRC Solutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
The Goal: A Holistic Approach to GRC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Cross-Enterprise GRC Solutions: A Closer Look . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Support for Business Processes and Functions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7- Reconcile to Report and Financial Close . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7- Procure to Pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8- Order to Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8- Hire to Retire . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8- Payroll . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8- Production to D... [download for more]