SAP Internal Controls, Compliance and Risk Management Live

During this kick-off session, you'll be guided through the event highlights, as well as an overview of the event platform and how you can make the most of this virtual event experience.

Governance, Risk, and Compliance has evolved over time and so have SAP solutions. Attend this keynote to hear from Vishal Verma - Vice President, Head of Solution Management, Risk, Compliance and Tax and Jochen Thierer – Vice President Development, Governance, Risk & Compliance on how GRC has evolved to the point that it’s now become a key priority for digital transformation and trust. After the lay of the land by Vishal, Jochen will provide an update on the recent enhancements delivered by him and his team on SAP solutions for GRC. Finally, the presenters will share their vision on where SAP is going and what you can expect in the future for GRC. Hear about

• Governance, Risk, and Compliance (GRC) today and what it means for organizations
• GRC for the modern business: a key priority for digital transformation
• Overview and illustrations of what’s new in SAP GRC solutions
• Looking to the future: where is SAP GRC headed?

Controls testing automation, concurrent assurance through near real-time analytics and proactive access management are some of the many possible ways of improving internal controls testing and performance efficacy and efficiency and providing timely, cost effective and near real-time assurance. This webinar will cover Infosys’s journey addressing these three aspects across their application landscape.

• Overview of the internal controls landscape
• Case studies on Controls testing automation, concurrent assurance through near real-time analytics and proactive access management covering:
• Key challenges
• Our solution and approach
• Critical success factors
• Key outcomes

Heineken operates on large ERP landscape (SAP and non-SAP). The need to have a standardized and reliable set of capabilities and tools to obtain insight into business and IT risks led to the selection of SAP GRC Process Control as an integrator for internal controls assurance model. In this presentation, Heineken will share:

• Program objectives and challenges
• Use of SAP GRC Process Control as a risks and controls repository
• Use of CCM in controls monitoring standardization
• Further deployments and development possibilities

In this webinar, attendees will learn about key CCM design and deployment concepts helping to find the right degree of Risk and Controls management automation. The structure and typical use cases for the CCM framework in SAP GRC Suite will be described, SOX-specific methodology will be elaborated on. Also, ways to address performance and data volume challenges will be described based on few real-life examples.

• Integration framework in SAP GRC Suite – the overview
• Doing it right: key moments for scoping, design and maintenance of CCM scenarios
• CCM methodology in SOX environment
• Solutions for performance and data volume challenges

Attend this online, live interactive discussion with SAP’s business experts on Governance, Risk and Compliance topics and ask your burning questions directly. While this format will not allow for individual customer-specific technical advice, it is intended to be an open mic to share questions and ideas on industry benchmarks, lessons learned, business benefits, quick wins, best practices…as well as getting insights on how companies are planning to manage risk and compliance in 2021 and beyond.

Learn, get inspired, and craft a successful GRC practice within your organization.

Within the scope of our risk management project, we integrate all of our receivables risks, from the emergence of opportunities to the completion of projects and built a seamless integration with SAP ERP, SAP GRC, SAP BW and SAP CRM. In this context, we will put the SAP GRC Risk Management application in the center, create automatic HANA rules, schedule responses against risks, present reports to the senior management on SAP Analytic Cloud and automate repetitive data entries using robotic process automation. In this webinar, you will learn about:

• GRC Risk Management implementation
• Monitoring of receivables risks and creating early watch alerts with HANA rules
• Reporting of all project-related risks using BW and SAC in 7 countries with both SAP and non-SAP environment
• Completing redundant tasks on customer risks with RPA technology

• Schwarz Group - who we are
• SAP Governance, Risk and Compliance (GRC) solution
• Digitalisation of IT general controls
• Reporting in SAC
• Next steps

Security and compliance risks are critical to every organization yet many times handled separately resulting in challenges managing risk and hidden blind spots. Hear from Dow Chemical as to how they approached tackling these issues together and how they leverage technology to enable them to achieve something most organizations struggle with.

• Hear how Dow decided to tackle these topics together
• Learn how Dow approached aligning the overlap between security and compliance
• Understand how Dow manages their security and compliance program
• See the role technology plays in the success of Dow's efforts

Many companies are planning or are already implementing SAP S/4HANA as their future ERP application. During the implementation, typically processes are adapted to smoothly work with the new technology and data structure. As part of this session, EY and SAP will provide insights into why process risks and controls should also be taken into consideration - and actually increase the benefits, business and value case of the SAP S/4HANA Journey!

• Quantitative and qualitative benefits to rejuvenate your controls as part of your SAP S/4HANA implementation
• Different steps, approaches and focus areas to modernize your controls and increase the leverage of technology
• Use cases and proven examples of digitalized and process-embedded controls -
• Value and business case to implement intelligent controls

The Institute of Internal Auditors control environment definition states that the control environment is the “foundation on which an effective system of internal control is built and operated in an organisation that strives to (1) achieve its strategic objectives, (2) provide reliable financial reporting to internal and external stakeholders, (3) operate its business efficiently and effectively, (4) comply with all applicable laws and regulations, and (5) safeguard its assets.” Having a strong internal control environment can provide management and stakeholders reasonable assurance that the organization is operating in accordance with company policies, industry standards, and regulatory requirements

• Effective governance linked to risk management and internal controls
• How internal audit and organisations are responding in relation to the changing focus on internal controls
• Leveraging the use of technology in relation to the design of controls, testing of controls (use of data analytics) and monitoring on controls
• Identification of key internal controls rather than all internal controls
• Reference as an example to the UK Government's White Paper - Restoring trust in audit and corporate governance which includes a requirement for organisations to strengthen financial control in effect a UK lite version of SOX

In this session we will show live examples of how Equinor have leveraged risk and process control to have an end to end view of their internal control (SOX) process including use of standard and custom Fiori and live reporting with CDS views and SAP Analytics Cloud. The presentation will cover:

• Process overview
• Use of SAP GRC
• Use of standard and custom Fiori
• Use of CCM for automation of control performance and testing
• Use of CDS and SAP Analytics Cloud Vision
• Plans for further development

With SAP Business Integrity Screening we keep control on both Risk and Compliance topics on all the key touch points in our customer journey's. During the presentation we will take you along these journey's and give you insights on how we handle Risk and Compliance issues in a digital and data driven world at our insurance company.

• Using SAP BIS to implement Business Rules and Machine Learning Models
• Using SAP BIS in Underwriting
• Using SAP BIS in Fraud Detection
• Using SAP BIS to screen and control your portfolio

Security and compliance risks are often dealt with in silos resulting in a misalignment of priorities in an organization between InfoSec and Risk Management/Compliance/Internal Controls. As a result, security risks allow for bypassing of critical access controls that are generally undetected by organizations. Attendees will learn what these risks are, how they manifest, the impact to ERM, Compliance and Internal Controls and most importantly, what can be done to identify, monitor and mitigate these risks.

• Hear about common security risks that an organizations faces
• Learn how these risks can bypass organizational access controls that are relied upon by the second line functions
• Understand the impact that these risks can have to key compliance requirements, such as ICFR and Data Privacy related laws and regulations
• See how to identify, monitor and mitigate these risks

Attend this online, live interactive discussion with SAP’s business experts on Governance, Risk and Compliance topics and ask your burning questions directly. While this format will not allow for individual customer-specific technical advice, it is intended to be an open mic to share questions and ideas on industry benchmarks, lessons learned, business benefits, quick wins, best practices…as well as getting insights on how companies are planning to manage risk and compliance in 2021 and beyond.

Learn, get inspired, and craft a successful GRC practice within your organization.

In this webinar, attendees will learn basic concepts around Social and Climate Risks (SCR): starting with basic terms, it will be shown how SCR management can be addressed by companies and institutions. Relevant frameworks and standards will be presented, examples of relevant indicators shown and automation approach elaborated on.

• Social- and Climate-related Risks/Opportunities (basics)
• Frameworks, standards, norms and conventions
• Indices of environmental and Societal Progress: examples of indicators and framework elements
• Approach to automate Social-and-Climate-related risks and opportunities management
• New practical concepts for more sustainability and shared value

Following the successful use of survey functionality to check control effectiveness for key finance and HR processes, hear how United Utilities has expanded its use of GRC survey functionality to check compliance to regulations such as NIS , UK SOX, PCI . You will learn about the approach taken, the key aspects of the different survey types and how we work with the control and Process owners in the business.

• Digital Governance
• Accountabilities
• Main features of GRC survey functionality - Use case
• Disclosure surveys for PCI Compliance - Use Case
• Self assessment surveys for NIS/UK SOX regulations

A discussion on the journey BT have embarked on to implement a leading class control environment and controls operating model, as part of a Finance Transformation, enabled by SAP GRC technology.

• Discuss the vision for BT's journey of finance control enhancement, as part of their finance transformation
• Background to BT's vision for a finance control framework and an overview of the key foundations of a robust finance controls framework
• Focus on considerations when investigating "technology enablers". Detail BT's current use of SAP GRC and future roadmap
• Useful considerations and lessons learned to share through BT's implementation of SAP GRC to date
• Discussion on the change management and organisational elements of adopting a technology enabled control environment