PULLING IN THE SAME DIRECTION
“ Even strategic processes ran at a strategic level and all of these separate risk management processes never really spoke to the overall strategy of the company ,” she says .
Part of this process of turning GRC “ upside down ” involved the implementation of some SAP Governance , Risk and Compliance ( SAP GRC ) solutions , namely SAP Risk Management and SAP Process control . both of which significantly contributed to that $ 800 thousand in savings .
“ Using technology applications such as SAP helps us immensely throughout this journey and really creates a transparent interactive dashboard ,” says Loggerenberg .
This dashboard presents an overall sense of visibility across the whole business and allows the company to better determine whether it is on track to meeting strategic objectives , whether those objectives are still relevant and keep track of the company ’ s sustainability KPI ’ s and
“ To really prove to people that the only reason you should be doing this [ GRC ] is because it creates business value and a more resilient company that is more sustainable and adds money to the bottom line ”
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