SAP - TINET - Tarragona Internet

Chapter 16

Chapter 16: Top Ten GRC Strategies ............................................................................

In This Chapter

Adopting best practices

Watching out for danger signs

Setting yourself up for success

A

re you eager to get started with GRC? This chapter details the strategies

used in the most successful GRC projects.

Evaluate Which of the Most Prevalent GRC Issues Apply to You ..........

The most prevalent GRC issues facing companies include audit compliance,

segregation of duties, and internal productivity and resource availability.

For audit compliance, you should

Establish an approach and process to manage risks.

Pinpoint sources of deficiencies and data sources to identify

preventative measures.

Eliminate conflicting testing methods and reconciliations.

For segregation of duties, you’ll want to

Identify business functions that produce risks when executed

by one person.

Gain risk visibility on 100 percent of user population.

Perform risk analysis before committing and approving changes

to access controls.