Winterhawk recently asked SAP’s Thomas Frénéhard, Global Finance and Risk CoE, SAP Australia, for his insights into SAP’s Risk Management solution. We posed the question:
“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.