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GRC Risk Management_1-Pager
- 1. Know Your Risks,
Respond Better
Nearly two-thirds of companies say they’re facing more and more complex risks
and manual processes to identify potential risks, which provide little insight into
using centralized systems to fully examine and manage their risks, leading them
and improve compliance. Shouldn’t your business be doing the same?
Sources
Fact 1: SAPinsider Research into 220 SAP Clients
Fact 2: OCEG 2012 Maturity Survey. http://hello.occg.org/grc maturity survey 2012
Fact 3: SAPinsider Research into 220 SAP Clients
Fact 4, 5, 6: “Current State of Enterprise Risk Oversight: Progress is Occuring but Opportunities for Improvement Remain,”
by Beasley Branson, and Hancock, July 2012, AICPA/NC State ERM Initiative.)
Fact 7, 8: OCEG 2012 Maturity Survey. http://hello.occg.org/grc maturity survey 2012
©2012 SAP AG. SAP and the SAP logo are trademarks and registered
trademarks of SAP AG in Germany and several other countries.
Are your organization’s risk management
technologies up to the task?
How important is risk management
to your company?
Does your business have a clear,
enterprise-wide view of its risk exposures?
Is your risk management process
protecting you from surprises?
Does your business assess risks
quantitatively or qualitatively?
Is your business ready to
decrease risk and increase productivity?
Is your company ready for an integrated,
enterprise-wide solution for risk management?
What is your company doing
to monitor its risks better?
Reduce loss and improve business value with the
SAP® Risk Management Application.
www.sap.com/grc
of executives
consider enterprise risk
management somewhat
or extremely important
66%
see risk management’s
importance growing. 1
81%
More than half of survey respondents
said that not having integrated processes
pieces of data together
and gain a clear view of the risks
on an enterprise-wide basis 2
of companies
are using outdated risk
management solutions. 3
50%
of respondents indicated
that integrating processes
reduced gaps in risk and
compliance procedures
60%
said that it reduced
redundant activities. 7
42%
of organizations admit they
an operational surprise
5
68.1%
For those that do
assess strategic risks,
most do so in a predominantly
qualitative manner
or by using a blend of qualitative
and quantitative techniques. 4
A growing number of organizations
are maintaining inventories of risks
at the enterprise level. 6
of the time those companies
engaged in integrating governance,
risk, and compliance, results
have met or exceeded expectations.8
90%
19.6%2009
37.9%2012
53.7%
57.1%