Governance Risk and Compliance (GRC)

Companies who want to achieve long-term success in Sarbanes-Oxley compliance understand the need for highly automated, integrated, and efficient processes.One of the key advantages of SAP ERP is its ability to integrate various business and transactional processes into one system. Companies are quickly discovering they have the same requirement for Governance, Risk, and Compliance (GRC). Unfortunately, many businesses are struggling to stay in front of the ever-changing regulations and requirements, and their ability to ensure the required compliance standards are being set and monitored. VIP offers a holistic GRC solution that provides the fundamentals to breaking down the silos of control, risk, and compliance information across the enterprise.

Solutions for governance, risk, and compliance (GRC) in SAP promote business sustainability by integrating and unifying corporate governance, enterprise risk management, and compliance to the various control regimes across the extended enterprise.

VIP offers companies a unique and compelling solution for their governance, risk, and compliance needs with its GRC and Analytics practice:

  • The proprietary GRC and Security Accelerator toolkit complements SAP’s GRC product offerings, and helps to greatly reduce the time needed to permanently remediate control violations
  • Immense depth of experience and thought leadership in the space. VIP, backed by a team of top-notch and experienced consultants, has a stellar reputation in the industry for providing innovative and efficient solutions in the GRC space
  • Outstanding track record of success in solving companies' GRC needs

With a wide range of products and services, we can effectively and efficiently provide a solution that will meet your specific needs.

GRC and Security Accelerator Toolkit

Remediation of control weaknesses is one of the most complex and thorny obstacles that companies face when trying to “get clean” or “stay clean” in their SAP environments. The GRC and Security Accelerator toolkit eases that pain by providing several accelerators to assist in cleaning up roles and underlying authorizations. This has helped our clients to drastically reduce the costs of a role and security redesign effort.

GRC Services for SAP

With an unmatched depth of experience in the field, we offer companies the ability to achieve effective and efficient controls in their SAP system and processes:

  • Application Controls
    • Pre- and Post-implementation Security & Controls Assessment
    • SOD Controls, Remediation and Redesign
    • Security and Controls Design Implementation
  • Process Controls – streamlining business processes with effective controls
    • Order to Cash
    • Procurement to Payment
    • Financial Close
    • HR Hiring to Termination
    • Payroll

GRC Consulting Services

VIP provides GRC expertise to assist companies that are still trying to craft and design over-arching GRC strategies that best make use of technology and the resources that are available to them. Our services include:

  • Overall understanding of Compliance Objective
  • Identify and Detect Control Weaknesses
  • Document Best Practices
  • Test and Evaluate Controls
  • Remediate and Mitigate Control Weaknesses
  • Maintain Sustainable Compliance Efforts

GRC Training

VIP provides various onsite training seminars for customers including helping customers determine the GRC solution that best fits their needs, teach effective strategies for remediation and mitigation, and use an automated GRC solution to bring about efficiency in business processes and a positive ROI.