Book description
Governance, risk, and compliance—these three big letters can add up to one giant headache. But GRC doesn't have to be a boil on your corporate behind. SAP GRC For Dummies untangles the web of regulations that confronts your company and introduces you to software solutions the not only keep you in compliance, but also make your whole enterprise stronger.
This completely practical guide starts with a big-picture look and GRC and explains how it can help your organization grow. You'll find out why these regulations were enacted; what you can do to ensure compliance; and how compliance can help you prevent fraud, bolster your corporate image, and envision and execute the best possible corporate strategy. This all-business handbook will help you:
Understand the impact of Sarbanes-Oxley
Control access effectively
Color your company a greener shade of green
Source or sell goods internationally
Keep your employees safe and healthy
Ensure that data is kept secret and private
Manage information flow in all directions
Enhance your public image through sustainability reporting
Use GRC as the basis for a powerful new corporate strategy
Complete with enlightening lists of best practices for successful GRC implementation and conducting global trade, this book also puts you in touch with thought leadership Web sights where you can deepen your understanding of GRC-based business strategies. You can't avoid dealing with GRC, but you can make the most of it with a little help from SAP GRC For Dummies.
Table of contents
- Copyright
- About the Authors
- Authors' Acknowledgments
- Introduction
-
I. Governance, Risk, and Compliance Demystified
-
1. The ABCs of GRC
- 1.1. Getting to Know GRC
- 1.2. Getting in the Business Drivers' Seat
- 1.3. Getting Motivated to Make the Most of GRC
- 1.4. Introducing the GRC Stakeholders
- 1.5. Understanding GRC by the Letters
- 1.6. C Is for Compliance: Playing by the Rules
- 1.7. R Is for Risk: Creating Opportunity
- 1.8. G Is for Governance: Keeping Focused and Current
- 1.9. Hitting the Audit Trail
- 1.10. Designing Your Approach to GRC
- 1.11. What GRC Solutions Provide
-
2. Risky Business: Turning Risks into Opportunities
- 2.1. Discovering Enterprise Risk Management
- 2.2. Defining Risk
- 2.3. Ignoring Risk (At Your Peril)
- 2.4. Sorting Through the Approaches to Risk Management
- 2.5. Identifying the Critical Components of a Successful Risk Management Framework
- 2.6. Taking the Four Steps to Enterprise Risk Management
- 2.7. Analyzing What Went Wrong: When Risk Becomes Reality
- 2.8. Automating the Risk Management Cycle
- 2.9. Taking the SAP Approach: SAP GRC Risk Management
- 2.10. Using SAP GRC Risk Management: A Fictional Case Study
- 2.11. Using SAP Risk Management: An SAP Case Study
- 2.12. Gleaning the Benefits of SAP GRC Risk Management
-
3. Governance: GRC in Action
- 3.1. Getting to Know Governance
- 3.2. Gleaning the Benefits of Good Governance
- 3.3. Drafting Governance Blueprints
- 3.4. Creating a Framework for Great Governance
- 3.5. Evaluating Your Governance Framework
- 3.6. Hurdles to Instituting and Maintaining a Good Framework
- 3.7. Making the Argument for Automation
- 3.8. The SAP Approach: Integrated Holistic IT for GRC
- 3.9. Coming to Grips with Governance
-
1. The ABCs of GRC
-
II. Diving into GRC
-
4. How Sarbanes and Oxley Changed Our Lives
- 4.1. Figuring Out Whether SOX Applies to You
- 4.2. Discovering Why SOX Became Necessary
- 4.3. Who Are Sarbanes and Oxley, Anyway?
- 4.4. Breaking Down SOX to the Basics
- 4.5. Information Technology: SOX in a Box
- 4.6. Paying Up: What's SOX Going to Cost You?
- 4.7. Setting the Record Straight
- 4.8. Other Laws You Need to Know About
- 4.9. We're All In This Together: Convergence
- 4.10. Sorting Out the Benefits of SOX
- 5. Fraud, Negligence, and Entropy: What Can Go Wrong and How to Prevent It
- 6. Access Control and the Role of Roles
- 7. Taking Steps toward Better Internal Controls
-
8. It's a Small World: Effectively Managing Global Trade
- 8.1. Understanding Four Reasons Why Global Trade Is So Complex
- 8.2. Figuring Out the Complexities of Importing
- 8.3. Making Sure You're Complying with All 19,391 Exporting Restrictions
- 8.4. Taking Advantage of the System: Trade Preference Management
- 8.5. Discovering the Different Ways to Manage Global Trade
- 8.6. Using the SAP Approach: SAP GRC Global Trade Services
-
4. How Sarbanes and Oxley Changed Our Lives
-
III. Going Green
-
9. Making Your Company Environmentally Friendly
- 9.1. Discovering the Three Ps of Going Green: People, Processes, and Products
- 9.2. Going Green: It's Not Just for Tree-Huggers Anymore
- 9.3. Understanding Why Your Company Should Go Green
- 9.4. Going Green Is Good Business
- 9.5. Implementing Green Practices
- 9.6. Going Green Is also the Law
- 9.7. A Final Word About Going Green
- 10. Keeping Employees Healthy and Safe
-
11. Making Your Business Processes Environmentally Friendly
- 11.1. Discovering Ways in which All Companies Can Go Green
- 11.2. Reducing Your Energy Use and Costs
-
11.3. Building, Renovating, and Cleaning with Sustainable Resources and Materials
- 11.3.1. Begin at the beginning with green design
- 11.3.2. Pick the right spot
- 11.3.3. Crunch your numbers
- 11.3.4. Make friends with your site plan
- 11.3.5. Reduce unnecessary strains on your HVAC
- 11.3.6. Exploit the advantages of technology
- 11.3.7. Command the water
- 11.3.8. Use green and recycled building materials
- 11.3.9. Build smart, build green
- 11.3.10. Renovate green
- 11.3.11. Clean green
- 11.3.12. Recycle
- 11.3.13. Reducing travel
- 11.4. Getting LEED Certified
- 11.5. Assessing Your Environmental Risks
- 11.6. Greening Manufacturing
- 11.7. Adopting Green Practices for Manufacturing
- 11.8. Taking the SAP Approach to Making Your Processes Environmentally Friendly
-
12. Making Your Products Environmentally Friendly
- 12.1. Discovering What It Takes to Make Products Environmentally Friendly
- 12.2. Figuring Out What Your Materials Are and What They Do
- 12.3. Realizing the Benefits of Compliance
- 12.4. Using Hazardous Materials Responsibly
- 12.5. Working with Hazardous Materials
- 12.6. Keeping Up with Materials Legislation
- 12.7. Exploring the SAP Approach to Product Compliance
-
9. Making Your Company Environmentally Friendly
-
IV. Managing the Flow of Information
-
13. Sustainability and Corporate Social Responsibility
- 13.1. Discovering the Great Power and Responsibility of Big Companies
- 13.2. Getting the Lowdown on Sustainability
-
13.3. Discovering Why Sustainability Is Good Business
- 13.3.1. Managers recognize sustainability as a top priority
- 13.3.2. Stakeholders exert pressure
- 13.3.3. Sustainable businesses have better access to capital
- 13.3.4. Government regulations increasingly require it
- 13.3.5. Sustainability helps you manage risk
- 13.3.6. CSR protects your brand image
- 13.3.7. It helps you attract and keep the best employees
- 13.3.8. CSR is ethical
- 13.3.9. It helps business planning and innovation
- 13.3.10. CSR increases profits
- 13.4. Discovering the Possible Downside of CSR
- 13.5. Managing Sustainability Performance
-
13.6. Discovering Why an Automated Solution Is Needed
- 13.6.1. Sustainability reporting is a recurring problem
- 13.6.2. Huge amounts of data are involved
- 13.6.3. Integration is a plus
- 13.6.4. Automation creates supply chain transparency
- 13.6.5. Automation means auditability
- 13.6.6. Automation yields analytics and benchmarks
- 13.6.7. An IT solution speeds distribution of data
- 14. IT GRC
- 15. Turning On the Lights with GRC and CPM
-
13. Sustainability and Corporate Social Responsibility
-
V. The Part of Tens
-
16. Top Ten GRC Strategies
- 16.1. Evaluate Which of the Most Prevalent GRC Issues Apply to You
- 16.2. Adopt Best Practices
- 16.3. Implement Key GRC Strategies
- 16.4. Set Yourself Up for Success
- 16.5. Watch Out for Danger Signs
- 16.6. Define GRC Roles and Responsibilities
- 16.7. Shake Down the People Who Know
- 16.8. Move to Strategic Adoption of Automated Controls
- 16.9. Adopt Strategies for Cleaning Up Access Control
- 16.10. Getting Your GRC Project Going and Keeping It Going
-
17. Ten Best Practices in Global Trade
- 17.1. Automate or Else
- 17.2. Don't Go to Pieces
- 17.3. Make Sure You Can Trust Your Partners
- 17.4. Avoid Importing Delays
- 17.5. Get On Board with the Government's High-Tech Documenting Processes
- 17.6. Know Who Is Allowed at the Party
- 17.7. Know Who You're Shipping to
- 17.8. Get the Right Licenses
- 17.9. Take the Free Money
- 17.10. Leave a Paper Trail
-
18. Ten Groups of GRC Thought Leadership Resources
- 18.1. GRC Resources
- 18.2. Risk Resources
- 18.3. SOX Resources
- 18.4. Financial Compliance Resources
- 18.5. Access Control and Process Control Resources
- 18.6. IT GRC Resources
- 18.7. Global Trade Resources
- 18.8. Employee Health and Safety Resources
- 18.9. Going Green Resources
- 18.10. Sustainability Resources
-
16. Top Ten GRC Strategies
- Glossary
Product information
- Title: SAP® GRC For Dummies®
- Author(s):
- Release date: May 2008
- Publisher(s): For Dummies
- ISBN: 9780470333174
You might also like
book
Moodle® For Dummies®
The fun and friendly guide to the world's most popular online learning management system Modular Object …
book
My Publisher 2016
Microsoft's Publisher 2016 enables you to create professional-quality publications that help you succeed! If you want …
book
Indoor Radio Planning: A Practical Guide for GSM, DCS, UMTS, HSPA and LTE, Second Edition
Why is indoor coverage needed, and how it is best implemented? As the challenge of providing …
book
Corporate Sustainability: Integrating Performance and Reporting
Invaluable guidance for complete integration of sustainability into reporting and performance management systems Global businesses are …