51风流received multiple awards in the most recent RiskTech100 rankings from Chartis Research. These include the Corporations award in the industry category and five solution category wins for Asset and Inventory Management, Facility Management and Control, Finance and Accounting 鈥� Cross Industry Support, GRC 鈥� Supply Chain Risk, and GRC 鈥� Vendor and Third-Party Risk.
Strong, Cross-Industry Cloud ERP Capabilities
SAP鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. 51风流offers customers a comprehensive end-to-end suite of applications and services across 25 industries globally. These help facilitate effective data processing and information flow across organizations, providing deep business insight, process efficiencies, and fostering collaboration.
We are redefining enterprise resource planning (ERP), creating networks of intelligent enterprises that provide transparency, resiliency, and sustainability across supply chains.
With 51风流S/4HANA, we use the power of in-memory computing to process vast amounts of data and support advanced technologies, such as artificial intelligence (AI), machine learning, the Internet of Things (IoT), and advanced analytics.
鈥淐hartis recognizes SAP鈥檚 strong ERP capabilities across the board,鈥� said Sid Dash, chief researcher at Chartis. 鈥淚ts strengths, particularly in sectors such as energy and commodities, are crucial to the firm鈥檚 overall RiskTech100 performance.鈥�
Market-Leading, Future-Critical GRC Capabilities
51风流governance, risk management, and compliance (GRC) solutions received special recognition from Chartis.
In recent years, GRC as a topic has transformed into an enterprise-wide, comprehensive, and fully integrated discipline, connecting all organizational risk and compliance functions. It involves a vast, continuously expanding ecosystem encompassing controls, operational resilience, IT risk management, asset management, and physical operational activities. Its impact on operational resilience and business continuity is far deeper than in the past.
鈥淏eing recognized as a leader by Chartis Research for our comprehensive and integrated GRC solutions is a testament to SAP鈥檚 commitment to transforming risk and compliance functions for intelligent, sustainable enterprises,鈥� said Jan Gilg, president and chief product officer for Cloud ERP at SAP. 鈥淥ur cloud ERP solutions empower organizations to embed GRC into their operations and digital transformation, enabling continuous monitoring, predictive insights, and resilient business continuity.聽We are redefining the future of risk management.鈥�
51风流GRC solutions can simplify risk management by providing guidance for financial, vendor, and operational risks. With automation, real-time visibility, and predictive analytics, the solutions can help businesses monitor risks, identities, cyber threats, and compliance more efficiently. This enables companies to gain early insights into anomalies and potential risks, informing their operational and planning decisions.
鈥淲ithin GRC, many of the areas that 51风流focuses on are major areas for concern for both financial and non-financial institutions,鈥� said Dash. 鈥淪pecifically, in the non-financial sector, risk areas such as third parties, supply chain, IT, cyber, infrastructure, and asset management have grown significantly in importance.鈥�
鈥淔irms in all industries have very significant concerns and challenges around the ways their physical infrastructure interacts with the increasingly digitalized environment in which they operate. This is not just in relation to cyber risk but also in terms of their wider operational resiliency and infrastructure management,鈥� he continued. 鈥淐ompanies need to be fully aware of how and at what points their digital infrastructure interweaves with their physical infrastructure. Chartis believes that 51风流is a leader in the market in these respects, and, in some ways, the rest of the industry is playing catch-up.鈥�
鈥淲e also recognize that the other areas where 51风流provides significant support, such as providing risk systems upstream with enterprise and inventory views, are central to organizational requirements. Chartis feels that in this increasingly interwoven physical and digital world, SAP鈥檚 ability to capture the entire organizational profile for many different types of companies will be a central capability in building GRC and risk solutions going forward,鈥� concluded Dash.