Implementation of SAP GRC Process Control in the largest company in the mining and metallurgy sector in Ukraine
Implementation of SAP GRC 10.1 Process Control is aimed at introducing automation in control in business processes field (Controls Dashboards) with continuous monitoring and measurement of control effectiveness (CCM) performed on the SAP ECC side. The automation of controls in business processes increases their effectiveness in the area of limiting organizational risks that are critical to the organization, including related to the detection of potential irregularities, and in the extreme situation of fraud in the finance, purchasing, storage or production area.
In cooperation with the financial audit department We’ve designed substantive content of automatic controls in business processes. The final effect for client is the possibility of better control over processes in organization. Below are some examples of new opportunities that SAP GRC Process Control gives from the list of over 50 automated controls implemented at the customer's site.
- Tracking orders without created requests or created after the order date.
- Comparison of the number of orders delivered with the number of needs.
- Verification payments above the contract.
- Control of releases and receipts of the goods with the order value.
- Verification of orders for which advance payments for suppliers have been made and which are not confirmed in the received goods.