Today's integrated global marketplace is requiring high-tech companies to manage governance, risk, and compliance as a corporate-wide strategy – not as a series of project-based activities.

With SAP software and services, we can help you protect your revenue and brand, while driving beyond managing compliance towards differentiation and sustainability. We can help you to:

• Improve risk management practices – Balance business opportunities with financial, legal, and operational risks to maximize corporate performance and minimize the market penalties from high-impact events.
• Minimize global trade compliance risks – Manage foreign trade processes within a comprehensive platform to help ensure trade compliance, expedite cross-border transactions, and optimize utilization of trade agreements.
• Reduce internal and external audit costs – Manage internal-control risk via standardized rules and documentation, while rapidly deploying system access and process controls to mitigate segregation-of-duties risks.
• Minimize product compliance risks – Integrate environment, health, and safety evaluation into your product development process, and include compliance controls in your supply chain, quality management, and manufacturing processes.
• Maintain life-cycle compliance beyond manufacturing – Implement checks in sales, distribution, servicing, and recycling administration associated with RoHS, REACH, and WEEE regulations.

Software and Services for Managing Risk and Compliance

Most leading companies realize that compliance is not a one-time task. Instead, it needs to be deeply embedded in all processes. A successful compliance program gives you full 360-degree visibility into your financial, legal, and operational exposure to risk and overall product compliance.

SAP provides a platform to help you manage and balance these risks, while enabling you to identify, model, monitor, and report risks of every business activity. For example, the SAP compliance management solution is natively integrated into SAP's manufacturing and quality management solutions, and as a result, compliance monitoring and tracking become a natural part of your supplier and quality management processes.

Also, by using SAP Business Suite, you can enable extensive compliance check and recycling administration capabilities to efficiently manage compliance through end-of-life. For example, sales can ensure that products are not sold in violation of trade regulations, service can ensure that repairs are done with compliant parts, and finance can accurately settle and report all product and packaging recycling fees.

With a common governance, risk, and compliance framework in place, you can manage risks in an economically scalable and consistent fashion – even across mixed-system environments. Composite applications developed collaboratively by SAP and Cisco enable you to monitor and control usage of all networked devices to ensure usage according to business and IT rules.

The framework also extends support to assist you in reducing the audit costs related to controlling incentive and payment agreements with your suppliers. SAP and Vistex have partnered to improve the transparency, accounting control, and efficiency of auditing chargeback and incentive payments and rebates.

To help you map an effective governance, risk, and compliance implementation plan, SAP Services and consulting partners help you streamline auditing processes, improve internal controls, and perform enterprise risk management – providing a road map to drive greater performance across company operating units.

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• Find out more about SAP partner solutions and services.