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Governance maturity models and 10.0 enhancements: Updates from the GRC 2011 keynote in Amsterdam

by Kristin Bent

June 8, 2011

Hundreds of GRC 2011 attendees came to hear Jim Dunham, Group Vice President of GRC Solution Management at SAP, deliver the General Assembly this morning in Amsterdam. Through a hybrid of comprehensive product updates, solution demos, and customer testimonials, Dunham emphasized the importance of GRC maturity models and explained how the release of SAP BusinessObjects GRC 10.0 comes into play.

Dunham encouraged all organizations to take the time to evaluate where they stand on the GRC maturity model. According to the model presented, there are four distinct levels of GRC maturity: Manual Processes, Individual, Enterprise, and Optimized. A business’ GRC maturity – in terms of both technology and overall organization – moves progressively through this model, starting at the Manual Process level and moving, ideally, toward the highest level of maturity (Optimized).

Dunham went on to explain how the most recent release of SAP BusinessObjects GRC solutions – version 10.0 – can help your organization obtain the highest level of GRC maturity. Within the new release, 5 distinct enhancements can be found:

  1. A common look and feel: GRC solutions, including SAP BusinessObjects Access Control, SAP BusinessObjects Process Control, and SAP BusinessObjects Risk Management, now share a common user interface and design, allowing for enhanced, more intuitive usability.
  2. Embedded business intelligence: BI solutions such as SAP Crystal Reports and Xcelsius can now be easily used along side the GRC suite.
  3. The inclusion of industry and line of business solutions
  4. Business alignment
  5. More comprehensive GRC management

Well-known SAP customers, including Unilever, joined Dunham on the stage, to discuss their own experiences with these new SAP BusinessObjects GRC enhancements, as the session continued.

The overview of SAP BusinessObjects GRC 10.0 set the stage for many other GRC sessions going on throughout the rest of week. The SAP product roadmaps promise to be some of the most well-attended sessions here in Amsterdam, as attendees eagerly learn more about what’s to come, and how their current SAP solutions will continue to play a role in their GRC initiatives.

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COMMENTS

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Gary Byrne

9/25/2013 8:55:37 PM

Here a few questions for members: What level of GRC maturity is your organization at now? What component of version 10.0 of SAP BusinessObjects GRC solutions do you think will best help you reach a higher level of GRC maturity? How often do assess your organization's GRC maturity level to see if it needs to update its software?


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