Monitoring the effectiveness of your response leads to more-responsible, risk-aware decision-making.
Vendor
SAP
Company Website
Enterprise risk management software
Preserving and growing your business value with integrated, comprehensive enterprise risk management (ERM)
Know the impact of risk drivers on business value and reputation
With the SAP Risk Management application, you gain powerful ERM capabilities that support risk identification, assessment, analysis, and monitoring.
- On-premise or cloud deployment
- Assessment of potential risk impact
- Effectiveness tracking with reports and analytics
- Key risk indicators
Key benefits
Insight into value-adding risks
Understand how risks and controls can be optimized to meet strategic business objectives.
Visibility into emerging risks and opportunities
Monitor risk levels, risk drivers, and key risk indicators continuously across your company.
Minimization of needless loss
Identify and mitigate risks that can result in unacceptable and unnecessary business loss.
Key features
Risk strategy and planning
Define risk-relevant business activities, set up your organizational risk hierarchy, automate risk monitoring, and assign risk appetite, risk owners, and responsibilities.
Risk monitoring and identification
Analyze and report company risk by documenting incidents, finding relationships, defining survey questions, and tracking root causes, consequences, and mitigation.
Risk analysis
Run quantitative and qualitative risk analysis to determine the likelihood of occurrence and the potential impact of identified risks.
Graphical views and automated monitoring
Enhance understanding of your company's risk status by evaluating risk management information faster and tracking key risk indicators and controls on an ongoing basis.
Real-time data monitoring
Monitor and assess application data from both your internal and external systems in real time to gain comprehensive insight and visibility.
Guided workflows and deployment starter kits
Enforce governance rules by leading users through risk management processes and using libraries of information on business controls, regulations, risk drivers, and impacts.