Total Cost of Compliance

Are your governance risk and compliance activities a resource drain? ControlPanelGRC is a value add automation solution for GRC in SAP® environments that goes beyond managing segregation of duties to actually help reduce your total cost of compliance.


Meeting compliance requirements is a costly, time consuming process. Your organization's total cost of compliance includes far more than just the time spent with auditors. Consider the costs involved in implementing and maintaining compliance software and the time and resources spent remediating risk that could be better spent on strategic tasks and then the resources required for audit preparation. Annual business audits can take months to prepare for manually and divert your employee's time and energy from value added tasks that support overall business goals. Since first generation GRC solutions have enabled many organizations to meet Sarbanes-Oxley requirements they are expensive to implement and maintain.

Reduce Your Total Cost of Compliance

With its focus on process automation and value add functionality, ControlPanelGRC provides a significant overall cost advantage. ControlPanelGRC is designed to integrate with the SAP environment. This ensures that compliance tasks are completely automated and self documenting, making audit preparation virtually unnecessary. ControlPanelGRC adds value and reduces the total cost of compliance by:

  • Reducing the time required for SAP audit preparation by as much as 90%
  • Reducing the time and cost that external auditors spend on SAP by as much as 75%
  • Eliminating the need for manual sample testing — a hit and miss method that leaves your organization open to risk
  • Reduce the "lost opportunity" costs that an audit will create internally
  • Reducing the resources required for SAP security and SAP Basis administrative tasks by up to 50%
  • Residing on the existing SAP infrastructure and so reducing capital expenditure maintenance and support requirements for your IT department
  • Reducing license acquisition costs — ControlPanelGRC is one quarter the cost of first generation solutions
  • Reducing implementation costs — ControlPanelGRC can be implemented in days versus a several month long implementation project required for first generation solutions

 

Fast time to Benefit

Unlike other GRC solutions for SAP that require complex implementation projects with lengthy timelines and high costs, ControlPanelGRC has a very quick implementation time that accelerates your time to value and benefit and saves project budget dollars. In addition, ControlPanelGRC is designed with ease of use in mind. It features an intuitive, plain English interface and detailed, easy to understand reports that can be easily understood by business professionals across the organization — not just the security team — with minimal training.

 



ALL RESOURCES

Resources

Archived Webinars: 

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How to be a Security and SoD Expert When It's Not Your Full-Time Job

Join the ASUG Small and Medium Enterprise SIG for this webcast on security and separation of duties - an encore presentation from this year's ASUG Annual Conference.  Watch on Demand
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How Abiomed Reduced the Time, Effort and Expense of SOX Reporting
Sharon Kaiser, CIO at  Abiomed shows how she able to turn audit pain into gain with several strategies to lower Abiomed's total cost of compliance. Watch On Demand

 Case Studies:

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ControlPanelGRC Adds Value to Graham Packaging's GRC Efforts
Learn how Graham Packaging went from a difficult to implement, expensive and ultimately under-utilized first generation compliance tool to achieving full value from the system and payback in less than a year with ControlPanelGRC. Read More

White Papers:
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Five Question to Ask Before Migrating to SAP® GRC 10.0

Have you thought about a migration to SAP® GRC 10.0 yet?  The changes to your system that will happen could be extensive enough to warrant a “re-implementation" rather than just a simple software upgrade.  Many companies are taking the next step and migrating straight to SAP GRC 10.0, but most are doing so without answering some very strategic questions about it.  Read More

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Five Signs That a New SoD Compliance Strategy Needs to be Implemented

SoD compliance in 2012 is not the same as it was in 2002.  SoD strategies or solutions that worked ten years ago have become unmanageable for many organizations because "first generation" GRC tools and manual processes have not been able to keep up with auditor demands in 2012.  Read More






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