GRC

SAP GRC stands for Governance, Risk, and Compliance. It refers to a set of solutions provided by SAP to help organizations manage their governance, risk management, and compliance processes effectively. SAP GRC solutions enable companies to identify, assess, and mitigate risks, ensure compliance with regulatory requirements and internal policies, and enhance overall governance practices. These solutions typically include modules for access control, risk management, audit management, and compliance management. SAP GRC solutions help organizations streamline their processes, improve transparency, and reduce the likelihood of fraud or non-compliance, ultimately supporting the organization’s objectives and protecting its reputation.