Evolving audit security from reactive to proactive with SAP GRC
Headquartered in the United States, the client is one of the largest electronics manufacturing company with over $2 billion in revenues
The client wanted to implement a central audit management system that allowed complete control over Governance Risk and Compliance processes and outcomes.
Given the excess system access beyond the employed staff, the client aimed to ensure authorized, safe access of individuals and prevent consequential financial risks. They also wanted to synchronize their system access roles with assigned employee responsibilities, eliminate paper-based documentation processes, and phase out manual, spreadsheet-based system access requests.
YASH consultants performed a detailed system assessment of the existing audit processes and implemented SAP GRC to prevent any unauthorized access or risks. The team integrated an automated system that allowed GRC to supersede manual spreadsheets, and integrated Metastorm to automatically update new roles.
The solutions we implemented not only reduced the overall manual efforts, cost, and inaccuracies to improve productivity and efficiency of audit processes, it also created a proactive way of viewing and tackling compliance risks.