SAP GRC For Dummies
Chapter One
The ABCs of GRC
In This Chapter
* Getting to know GRC
* Discovering the GRC stakeholders
* Understanding GRC by the letters
* Deciding on your approach to GRC
Governance, Risk, and Compliance, almost always referred to as GRC, is
the latest addition to the parade of three-letter acronyms that are used
to describe the processes and software that run the business world. The goal
of GRC is to help a company efficiently put policies and controls in place to
address all its compliance obligations while at the same time gathering information
that helps proactively run the business. Done properly, GRC creates a
central nervous system that helps you manage your business more effectively.
You also derive a competitive advantage from understanding risks and choosing
opportunities wisely. In other words, GRC helps you make sure that you
do things the right way: It keeps track of what you are doing and raises an
alert when things start to go off track or when risks appear.
This opening chapter ta ... read full excerpt from: SAP GRC For Dummies ebook
