SAP Risk Management


How does Risk Management protect an organisation’s value, its revenue streams, its shareholder value and ultimately, its reputation?

Gaining a single source of truth for all enterprise risks, and therefore their potential exposure, can be challenging for any organisation. SAP Risk Management solves this issue by providing the decision makers with constantly up-to-date risk information. It also, and really importantly, closes the gap between 1st and 2nd line of defense and provides the 3rd line with relevant information for a sound risk-based audit.



Why SAP Risk Management?

Because the software can help you protect and create value for your stakeholders – from investors to employees and customers. Identify and assess risks and opportunities, determine a response strategy, and monitor progress.

Features of SAP Risk Management

With SAP Risk Management, you can:

  • Identify enterprise risks and align them with business processes that create value
  • Assess and analyse risks in terms of likelihood and magnitude of impact
  • Track risk management effectiveness with embedded reports and analytics
  • Continuously monitor risks using SAP HANA-based key risk indicators (KRIs)

Preserve and grow business value

Get detailed insight into how risk drivers can impact your business value and reputation – with SAP Risk Management software. The powerful ERM tools support risk identification, assessment, analysis, and monitoring. Track key risk indicators (KRIs), align risk events with their potential consequences – and make responsible and defensible risk-aware decisions.

Functional Capabilities

  • Risk strategy and planning: Define risk-relevant business activities, set up your organisational risk hierarchy, and assign risk appetite, risk owners, and responsibilities. Develop risk libraries to structure and report on risk assessment results – and define your KRI framework to automate risk monitoring.
  • Risk identification: Document the potential root causes and consequence of risks – and identify the relationship between risks and events. Capabilities include: defining survey questions, documenting activities, proposing risks, and documenting risks and opportunities.
  • Risk analysis: Run quantitative and qualitative risk analysis to determine the likelihood of occurrence and the potential impact of identified risks. Capabilities include: conducting assessments, building risk scenarios, scenario analysis, performing Monte Carlo simulations, risk response, and documenting responses and enhancement plans.
  • Risk monitoring: Analyse and report on your company’s risk situation. Capabilities include: documenting incidents and losses for risk events.

Technical Capabilities

SAP Risk Management includes enterprise risk content and tools for industry-specific operational risk management.

  • Graphical View: Supports creation and analysis of risks using graphical view
  • Data Monitoring: Monitor application data from internal and external systems in real time
  • Workflow: Use workflow to automate processes

Starter kits:

  • Controls starter kit: Library of standard business controls, basic regulations, and direct entity-level controls
  • ERM starter kit: Library of enterprise risks, risk drivers, and impacts

Automated monitoring:

  • CCM library: Automated continuous controls monitoring
  • KRI library: KRIs organised by risk drivers, risk categories, and industries

To see more videos head over to our knowledge section.

SAP Governance, Risk and Compliance (GRC) software is faster and more cost effective to deploy than you may think. Deploying SAP Risk Management with Winterhawk’s GRC experts happens in a matter of weeks.


Implementation of Risk Management can be as quick as 10 weeks by leveraging Winterhawk’s best practice Master Data toolkits along with the expertise of our GRC specialists.

Winterhawk’s Rapid Deployment Services (RDS) for SAP GRC software solutions enables fast, efficient roll-out of out-of-the-box functionality, bespoke organisation hierarchy and customised master data (for example your organisation’s specific processes/controls/risks).

Using Winterhawk’s cost effective and best practice RDS strategy, you can plan for a GRC go-live in less than 3 months from when the project commences.

Get in touch

If you are needing help to implement or support SAP Risk Management, drop us a line, we’d be delighted to talk to you.