SAP-Solution: Risikomanagement

With "Finance 2020," Michaela Peisger has just built the finance department of the future at KPMG in Germany. The new ERP system based on SAP S/4 Hana acts as a digital core to which all other systems are connected.

Processes that have grown and been implemented in different systems are usually not defined and documented. Without transparent, up-to-date and uniform process documentation, the effort required to acquire process knowledge is unnecessarily high - especially since the lack of transparency is very expensive.

How can financial service providers pragmatically deal with the stricter regulatory requirements for banking IT?

Until the 1990s, "procurement" referred almost exclusively to transactional aspects and tactical/operational functions. The purchasing departments were executive organs for covering the requirements of the business units: The aim was and still is to process their orders in a legally secure manner and in compliance with guidelines.

This year's RMA Annual Conference will focus on risk management and controlling, analytical methods and supply chain risks, and information risk management.

Companies give IT security top priority, but the SAP world is often left out of the equation. This approach no longer meets today's requirements.

The SHL behavioral study "Employee-related risks in the workplace" analyzes human risk factors in terms of position, function and industries. Companies could thereby better assess and counteract their employees' willingness to take risks.