Strategy management: SAP upgrades governance, risk, and compliance portfolio
Datamonitor Newswire -- Manufacturing Business Technology, 3/17/2008 11:28:00 AM
Enterprise software market leader SAP has unveiled new versions of products across its portfolio of governance, risk, and compliance solutions.
The new versions of SAP's governance, risk and compliance (GRC) offerings include:
• GRC Access Control;
• GRC Process Control; and
• GRC Global Trade Services.
In addition, the SAP GRC Risk Management application is now integrated within the Strategy Management application, which is enterprise performance management software. SAP says the new product features will help customers to accelerate resolution of security authorization issues, integrate risk and strategy management capabilities, assist in the central monitoring of business controls across multiple regions and IT landscapes, and automate support for new trade and safety regulations.
Oracle Corp., SAP chief rival, also is also enhancing its GRC offerings. In October 2007, it acquired LogicalApps as part of plans to boost its existing governance, risk, and compliance applications suite. SAP released a statement in February 2008 announcing the capture of customers from rival solutions, specifically Oracle, to its enterprise performance management and GRC applications.
