You are on page 1of 28
| Reimagine Risk and Compliance with SAP GRC/ SAP Ariba November 2016 What is GRC? “GRC is the integrated collection of capal ss that “Every organizational business function and process enable an organization to reliably achieve objectives is governed in some way to meet objectives. Each of while addressing uncertainty and acting with integrity- _ these objectives has risks, as well as controls that this is the outcome that we call Principled increase the likelihood of success (or minimize the Performance.”' impact of failure). These are the fundamental -oces concepts of GRC."?