Posted On: Feb 22, 2018
SAP GRC abbreviated as System, Applications, and Products (SAP), Governance, Risk and Compliance (GRC) which is an integrated body combining of various activities which unite help the organizations to regulate several policies and reduce various risks. It is made up of three different terms viz. Governance, Risk, and Compliance which has specific definitions in this field which is as follows :
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Risk control needs to be performed as a part of compliance and regulation practice, it is required to mitigate risk in an organization. A critical part of managing risk in an organization is to defin...