SAP GRC: Staying Ahead of the Curve with the Latest Versions

Governance, Risk, and Compliance (GRC) are becoming more complex amidst constantly shifting regulations and an ever-growing threat landscape. SAP GRC solutions help organizations streamline and automate their GRC processes, leading to improved efficiency, reduced risk, and more robust overall compliance. Understanding this technology’s current and future states is vital for companies looking to protect their operations and sensitive data.

Current Landscape: SAP GRC 12.0

Released in 2018, SAP GRC 12.0 remains the most widely used suite of SAP GRC solutions. Its key components include:

• SAP Access Control: Manages user access, segregation of duties (SoD) risks, and privileged access controls.
• SAP Process Control: Automates and monitors internal controls over financial processes.
• SAP Risk Management: Helps proactively identify, assess, and respond to enterprise risks.

SAP GRC 12.0 is a mature platform offering robust features while providing a foundation for future advancements.

SAP GRC Edition for SAP HANA: The Future of GRC

SAP is developing the next generation of its Governance, Risk, and Compliance tools, known as SAP GRC edition for SAP HANA. Built to take full advantage of SAP HANA’s in-memory computing capabilities, this new iteration promises:

• Enhanced Performance: SAP HANA’s power will substantially speed up GRC processes and analytics.
• Improved User Experience: A redesigned, modern interface will provide a more streamlined and intuitive user experience.
• Simplified Landscape: The SAP GRC edition for SAP HANA aims to integrate various GRC functionalities into a more cohesive platform, reducing maintenance overhead.

While the release date of the SAP GRC edition for SAP HANA is still some time away (currently projected for 2026), it signals an exciting shift in how companies approach risk management and compliance.

Essential Updates on SAP GRC 12.0 Timeline

• Mainstream Maintenance: SAP GRC 12.0’s mainstream maintenance plans extend until 2027.
• Extended Maintenance: This will continue until 2030.
• Beyond 2030: Options for customer-specific maintenance will be available.

Choosing the Right Approach

Whether you’re already using SAP GRC or investigating its potential, it’s essential to consider the best fit for your organization:

• Organizations on SAP GRC 12.0: Optimize your current processes and take advantage of the latest support packages.
• Organizations considering SAP GRC: Start exploring the benefits of 12.0. Since the next-gen GRC won’t be available for a while, there’s time to plan a transition strategy that aligns with your business roadmap.
• All organizations: Monitor the development of the SAP GRC edition for SAP HANA closely to leverage its enhanced capabilities when it arrives. This will help with planning future migration projects.

The Ever-Evolving World of GRC

Successful GRC hinges on adaptability and embracing new tools and approaches. The latest versions of SAP GRC provide a powerful foundation for managing risks, enhancing compliance, and ultimately driving business resilience. Stay informed and proactive—the future of GRC is exciting!