Course Description

The Governance, Risk Management, and Compliance (GRC) processes of the SAP platform are all topics that will be covered in SAP GRC Training, which is aimed to help professionals become informed in these areas.

This class offers a thorough and in-depth introduction to the architecture of SAP GRC, along with its associated procedures, tools, and components. This course will introduce you to the essentials of SAP GRC, including its architecture, design, and customization options.

In order to have a better understanding of the requirements necessary to build and operate an effective SAP GRC system, a review of Security Roles, Master Data, and Process Controls has been included.

In addition to that, you will learn how to create reports, documents, and general resource plans for monitoring audit compliance during the course. Throughout the duration of the class, participants will have the opportunity to obtain practical experience in the areas of cross-functional analysis, data scope modification, identity and access management, and data scope analysis.

Participants have the opportunity to acquire a comprehensive comprehension of the SAP authorizations framework, lifespan, and certification procedure.

In addition, participants will acquire information concerning the ways in which numerous technologies, such as SAP BW, SAP Cloud for Customer, and SAP Process Integration, can be used to solve complex business problems.

The course will also go into detail regarding the various setups and components that are related with GRC.

Lastly, the course will investigate the process of risk management as well as the tactics that businesses implement in order to monitor and assess the risks that are linked with their organisation.

In order to achieve effective risk management, participants will acquire the knowledge necessary to configure risk assessments, regulatory requirements, privacy policies, and basic auditing practises.

At the conclusion of the training, participants will not only have a solid understanding of the foundations of SAP GRC, but they will also be able to design, implement, and audit an effective GRC system.

They will thoroughly comprehend the GRC’s associated structure, architecture, and risk management procedures, as well as knowledge of GRC’s integrated technologies and software configurations.

This training will also instruct students on how to manage workflow and notifications. In order to guarantee precise and timely reporting, participants will receive instruction in the development of workflows for Audit, Compliance, and Risk Management procedures.

The building of a document library to assist compliance initiatives will also be covered as a topic in this course. Other course topics will include the automation of data correctness for collaborative decision making.

The course will come to a close with a final exam that focuses on testing your comprehension of GRC concepts as well as the precision of your data.

Participants will benefit from this by increasing their knowledge of the essential procedures and technologies that make appropriate Governance, Risk Management, and Compliance possible.

A full overview of the SAP GRC architecture, including its components and configurations, as well as the associated processes and technologies, will be provided to participants by the end of the SAP GRC Training.

In addition to this, participants will develop a comprehensive comprehension of the process of risk management and acquire expertise in integrated technologies and software configurations.

Participants will be able to successfully design, deploy, and audit a GRC system after completing this course with a passing grade.

Features

Course Content

FAQ’s

❓What is SAP GRC stand for?

✅ SAP Governance, Risk, and Compliance (SAP GRC) is an integrated portfolio of software solutions that enables businesses to manage their enterprise risk and compliance processes most effectively. It offers an all-encompassing solution for managing regulatory, corporate, and operational risk while simultaneously lowering the cost of compliance across the entire company.

❓ Can you explain the advantages of utilising SAP GRC?

✅Improved know-your-customer (KYC) compliance is one of the benefits of utilising SAP GRC, along with improved risk management, decreased costs associated with non-compliance, increased security and access control, improved stakeholder interactions, and improved corporate governance.

❓What are the steps to implementing SAP GRC?

✅ The answer is that SAP GRC enables businesses to design policies and procedures that comply with compliance standards, monitor risk, and take remedial action if required. It gives real-time visibility into compliance and corporate governance activities and automates procedures to cut down on the amount of manual labour connected with compliance management. Moreover, it reduces the risk of human error.

❓Does SAP GRC operate in the cloud?

✅ Although a cloud-based version of SAP GRC is available, the vast majority of SAP GRC solutions are on-premise, which means they are deployed on local servers.

❓How is the project scope determined for a SAP GRC implementation?

✅ The goals of a SAP GRC implementation project should be to develop an efficient risk management strategy, tailor the solution to the organization’s operational requirements, and combine GRC with a variety of data sources.

❓What kinds of business operations may be controlled and monitored using SAP GRC?

✅ The answer is that SAP GRC may be utilised to handle various activities, such as identity and access management, risk management, compliance management, controls management, auditing and assurance, and business process assurance.

❓Is SAP GRC appropriate for use in a company’s size range?

✅ The answer is that SAP GRC may be utilised by both large and small organisations alike. It offers a solution that is adaptable, scalable, and reasonably priced for managing compliance tasks and risks.

❓How safe is SAP’s GRC system?

✅ SAP GRC is a product that offers a very high level of security. The use of encryption protects data, and all communications that take place within the system between its various components are also encrypted. In addition to this, it offers complex access control measures, such as control based on a user’s role and control over individual devices.

❓What kinds of customer service and support are offered by SAP GRC?

✅ The answer is that SAP GRC offers various support services, such as application support, system monitoring, system administration, user training, business process mapping, and custom development.