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New GRC Solutions from SAP Help Mitigate Trade Risk Across Global Supply Chain

Wednesday, March 18, 2009

The current economic downturn, combined with an increasingly complex global business and regulatory environment, has left international businesses more vulnerable than ever to supply chain risk, and it is imperative that they find better ways to manage that risk. SAP AG (NYSE: SAP) today announced a new version of the SAP® BusinessObjects™ Global Trade Services application, part of the SAP BusinessObjects governance, risk, and compliance (GRC) family of solutions. Combined with the SAP® BusinessObjects™ Risk Management application, also an SAP BusinessObjects GRC solution, the new application automates regulatory compliance across numerous trade processes such as logistics and order fulfillment, helping customers to identify and mitigate supply chain risk easily, quickly and effectively. The SAP BusinessObjects GRC family of solutions promotes a unified approach to addressing compliance issues across lines of business, regions and industries. Today's announcement enhances these solutions by helping companies address supply chain risk and improve performance. The announcement was made at GRC 2009, being held in Las Vegas, Nevada, March 17-20.

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