Winterhawk recently asked SAP’s Michael Heckner, Senior Director EMEA Center of Excellence for GRC, for his insights into SAP’s Audit Management solution. We posed the question:
“According to studies, Internal Audit (IA) performance is not always highly rated; boards tend to rate IA performance higher than management. This would suggest it needs to become more service and customer focused – does SAP’s Audit Management solution support this?”
“Yes it does. Firstly, SAP Audit Management is an integral part of SAP’s Three Lines of Defense solutions. It lets auditors collaborate effectively and at their own discretion with 1st and 2nd lines of defense. It also elevates the impact and benefit of Internal Audit as a function to the wider organisation.”
Why SAP Audit Management?
Because the software automates and speeds up the audit process – freeing up internal auditors to adopt a more strategic, advisory role. Leverage the power of the SAP HANA in-memory database, integrate with other governance, risk, and compliance (GRC) solutions, and align internal audit with overall business goals.