SAP Process Control
What is SAP Process Control?
Companies need to ensure their activities are carried out following board-level directives and internal policies while complying with applicable regulations. That’s where internal controls come into play, and process control is a method that companies use to streamline and automate the monitoring of business processes. SAP Process Control, part of the SAP GRC suite, is one tool that many SAP customers use to ensure their business is operating in an efficient and compliant manner.
What is SAP Process Control?
Companies need to ensure their activities are carried out following board-level directives and internal policies while complying with applicable regulations. That’s where internal controls come into play, and process control is a method that companies use to streamline and automate the monitoring of business processes. SAP Process Control, part of the SAP GRC suite, is one tool that many SAP customers use to ensure their business is operating in an efficient and compliant manner.
SAP Process Control and similar tools offer the following capabilities, among others:
- Continuous controls monitoring (CCM), which automates the monitoring of process data.
- Single source of process control data, including internal procedures and compliance policies
- Business objective and risk alignment with controls
- Automated workflows and notifications for issue response
- Internal controls evaluation
Process Control is largely manual without a targeted solution. Automation with the help of technology enables faster response to efficiency and compliance issues, while reducing workload for GRC teams.
There are many vendors that provide services and products around process control. For example, Appsian Security’ssolutions offer attribute-based controls monitoring, continuous monitoring, and real-time process analytics. System integrators such as Capgemini, Deloitte, and Accenture assist customers with establishing process controls policies and implementing SAP Process Control and other software.
Key Considerations for SAPinsiders:
- CCM automation is an appealing piece of SAP Process Control for many SAP customers. For example, as part of an SAP Process Control implementation, Eli Lilly utilized CCM to help track the company’s controlled activities. This has helped increase transparency and efficiency in the controls process.
- Business partners need to be involved in SAP Process Control. Get out in front of the process with your business partners so you can inform and co-create, making them aware of control considerations that will impact their decisions. Challenge your current processes and leverage technology and external expertise to support adoption and behavior change. Asking questions like “what is your biggest pain point” and “how do we benchmark against our peers” is important.
- Hershey is using process control to measure process and adoption rates during its phased SAP S/4HANA implementation. This phased approach allows the company to understand what extent GRC is being leveraged. Using SAP Process Control, rationalization of manual controls is targeted at 35% and control automation is expected to increase from 20% to over 50%.
1266 results
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Use Top-Down Distribution in CO-PA to Report Overhead Costs at Lower-Level Characteristics
Discover top-down distribution functionality and execution in day-to-day operations with two business examples. The first explains the allocation of expenses from cost centers to material groups through profitability analysis (CO-PA) assessment, with material group being a higher-level characteristic. The second explains how to distribute these expenses, posted through CO-PA assessments, from material group to material...…
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See All Your Incomplete Sales Orders with Just One Transaction
See how you can use the incompleteness procedure along with the application log to quickly find incomplete transactions in SAP CRM. This process provides similar functionality to the R/3 Sales and Distribution transaction V.01. Key Concept The incompleteness procedure is a list of incompleteness checks against fields contained in a transaction. You can use it...…
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Best Practices for Transferring Data from SD to SAP CRM
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Remove Duplicate Business Partners Using Cleansing Cases in SAP CRM 5.0 and 7.0
Learn three methods for removing duplicate business partners in SAP CRM: SAP CRM 5.0’s BUPA_CLEAR transaction, SAP CRM 7.0’s Merge Accounts function, and SAP CRM 7.0’s Duplicate Check function. Also sample the functions in SAP CRM 7.0’s Data Quality Administration Framework. Key Concept Cleansing case management is a framework that helps you to effectively consolidate...…
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BW Applications on the Web: Why Not Use Business Server Pages?
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Data Mining with the Analysis Process Designer in SAP BW 3.5
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Data Modeling with Time-Dependent Master Data
Depending on the setup of your system, new master data can overwrite your old data when it is loaded. However, you can view data from a certain point in time with time-dependent master data. The author debates the benefits and drawbacks of adding time dependency to your data model. The need for time-dependent master...…
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Ask the SAP Financials Expert Should I Report in CO-PA or BW?
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How to Design SAP HR Structures to Work Best for Your Company
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Optimize Electronic Signatures in Your Company’s Procurement Process
Discover how to implement electronic signatures into purchasing documents. Learn the steps involved in implementing e-signatures into SAP purchasing documents. Learn how to store signatures in Business Document Server graphics and then append signatures into forms. Key Concept Electronic signatures are about capturing images of buyers’ signatures, storing them in a repository, and appending them...…
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