SAP Garners GRC Technology Innovation Awards

by Gary Byrne

February 9, 2012

This week brings good news for users of SAP BusinessObjects GRC solutions. The risk bow-tie functionality of SAP BusinessObjects Risk Management and two of SAP’s GRC mobile applications — SAP GRC Access Approver and SAP GRC Policy Survey — won GRC Technology Innovation awards from Corporate Integrity, a GRC strategic advisory firm headed by GRC pundit Michael Rasmussen. SAP’s solutions were part of a list of 10 products honored for GRC innovation.

As I stated in my blog last week, in her article titled “Approvals on the Go: How to Leverage Mobile Devices for GRC,” Jayne Gibbon, director of customer care at SAP, defines the SAP GRC Access Approver as a mobile application that “enables managers to review and approve time-sensitive and operational-critical access requests, allowing authorized employees to gain access to systems and continue their work in a timely manner.”

In his GRC Expert article titled “Identify Your Key Business Risks in a Collaborative Process Involving All Stakeholders in Your Enterprise,” Frank Rambo states that “the graphical representation of a risk … is called the bow-tie diagram. You can categorize the risk responses in preventive and recovery responses and group them in responses that reduce, avoid, transfer, accept, and control the risk.” Frank includes an example of a bow-tie diagram in this article.

On the Corporate Integrity website, Rasmussen states that the SAP GRC Policy Survey enables employees to “keep track of the latest policy changes that impact their areas of the organization and complete policy-related surveys and attestations.”

According to Rasmussen, these inaugural awards “illustrate the diversity of technologies that are expanding GRC into new areas where no technology has gone before.” 

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