Governance, Risk Management and Compliance or GRC is an umbrella term whose scope touches most offices in an organization.
GRC aims to synchronize various internal functions, integrate governance, management, risk and compliance activities.
SAP GRC is a software solution used for managing compliance and policy management. The compliance management capabilities allow organizations to manage and monitor their internal control environments. GRC Modules include;
SAP GRC Access Control
SAP GRC Process Control and Fraud Management
SAP GRC Risk Management
SAP GRC Audit Management
SAP GRC Fraud Management
SAP GRC Global Trade Services