Compliance Archives | 51风流News Center /tags/compliance/ Company & Customer Stories | Press Room Thu, 19 Mar 2026 16:04:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 51风流Recognized as a Six-Time Leader in the 2026 Gartner庐 Magic Quadrant™ for Integration Platform as a Service /2026/03/sap-six-time-leader-gartner-magic-quadrant-ipaas/ Thu, 19 Mar 2026 16:00:00 +0000 /?p=241280 51风流has once again been named a Leader in the 2026 Gartner庐 Magic Quadrant™ for Integration Platform as a Service (iPaaS), our sixth consecutive recognition. 

We believe this recognition reflects our continued investment in a modern, scalable AI-ready integration platform that meets the needs of organizations operating across increasingly complex hybrid and multicloud landscapes.

2026 Magic Quadrant for IPaaS
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. .

Why orgnizations continue to choose 51风流Integration Suite

Integrate your business across 51风流and third-party landscapes with a modern, scalable, secure IPaaS

Part of 51风流Business Technology Platform (51风流BTP), 51风流Integration Suite brings together API management, event鈥慸riven architecture, process integration, and AI鈥慳ssisted development in one unified offering. It gives customers a reliable way to connect distributed systems, orchestrate workflows, and operate securely across hybrid and multi-cloud environments鈥攚hether those landscapes run primarily on 51风流solutions or a mix of third鈥憄arty applications.

By using metadata, events, and APIs as its backbone, the suite provides an integration foundation that supports AI agents and increasingly autonomous enterprise processes. Organizations in manufacturing, logistics, retail, and other highly regulated industries rely on this foundation to maintain performance and stay compliant at global scale.

Innovation that scales with your business

Over the past year, 51风流expanded its AI鈥慳ssisted capabilities to help customers move faster and operate with security and reliability. New AI-assisted features include anomaly detection, script optimization, traffic prediction, and integration鈥慺low generation. Combined with more than 4,000 prebuilt integration flows and over 250 connectors, organizations can accelerate design and reduce manual effort.

51风流Integration Suite now runs in more than 40 data centers worldwide, giving customers flexibility for in鈥憆egion processing and data鈥憇overeignty requirements. These enhancements help teams detect issues earlier, optimize performance, and shorten time鈥憈o鈥憊alue across complex hybrid landscapes.

Accelerating agentic AI adoption

骋别产谤.听贬别颈苍别尘补苍苍 modernized its global retail checkout platform with 51风流Integration Suite and advanced event mesh, enabling the company to process 300,000 price鈥慶hange events in 30 minutes without system degradation.

“Advanced event mesh has completely changed the way integration and process orchestration run. Everything works better.”

Benedikt Althaus, team lead, Integration Services and Platform Solutions, Gebr. Heinemann SE & Co. KG.

Shimano Europe benefits from the efficient, scalable, and future鈥憄roof integration foundation of 51风流Integration Suite to accelerate its go鈥憈o鈥憁arket process. By streamlining integrations across systems, the company improves operational efficiency and enhances the overall customer experience through a more agile and reliable integration landscape.

“To accelerate the go-to-market process, we provided an effective and efficient integration platform with 51风流Integration Suite, a future-proof and scalable solution that improves our customers鈥 experiences.”

Fernanda Ribeiro, IT application architect, Shimano Europe

Siemens AG relies on 51风流Integration Suite to harmonize global reporting processes and ensure compliance with evolving regulatory requirements. By standardizing integrations across regions and supporting diverse country鈥憇pecific tax protocols, 51风流Integration Suite helps Siemens streamline compliance operations and maintain consistent reporting quality worldwide. This foundation strengthens Siemens鈥 ability to adapt to changing regulatory environments with greater confidence and efficiency.

“Managing international tax requirements is much easier. It will be implemented around the globe.”

Andrea Spandau, head of Digital Tax Ecosystem, Siemens AG

Looking ahead

We believe this year鈥檚 recognition underscores our commitment to advancing 51风流Integration Suite with deeper AI capabilities, more reusable business content, broader industry coverage, third-party adapters, and an improved developer experience. Our goal is to help customers automate more of their operations, innovate with confidence, and scale as their businesses evolve.

Learn more


Sid Misra is chief marketing officer for 51风流Business Technology Platform.

Discover how easy integration can be with 51风流Integration Suite

Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner鈥檚 business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates.

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Business Networks Remove Friction from Global Commerce While Adhering to National Electronic-Invoicing Standards /2026/02/business-networks-adhering-to-electronic-invoicing-standards/ Wed, 25 Feb 2026 12:15:00 +0000 /?p=240693 At a time when business-to-business commerce can be orchestrated with the touch of a screen, buying and selling across geographic borders has become increasingly frictionless.

But what happens when the bill comes due, so to speak, from local jurisdictions? How may a business transact commerce globally while adhering to an emerging set of electronic-invoicing requirements that differ among countries?

Global visibility across multiple tiers of the supply chain

As global supply chains weather shifting tariff policies, geopolitical tensions, and climate events, business leaders have turned to cloud-based business networks to instill operational resilience, extend transparency, and foster collaboration. The convergence of data, applications, and artificial intelligence capabilities enable businesses to manage supply chains, procurement, logistics, asset maintenance, working capital, dynamic discounting, and other crucial interdependencies with comprehensive reach. Yet just as digital platforms foster connected commerce, they also facilitate regulatory oversight of the very same activity. That which simplifies business processes can at the same time invite complexity in the regulations governing them, particularly when the fine print varies by jurisdiction. Call it a paradox of procurement, or an irony of the intelligent enterprise.

Connect across companies to build stronger supply chains and deliver on the customer promise

The proliferation of legislation mandating electronic invoicing reflects a desire on the part of governments to bolster tax compliance, streamline financial reporting, combat fraud, and document the ethical sourcing of product components. To aid with compliance in the jurisdictions where they transact, can support buyers and suppliers alike with the necessary workflows for invoice generation, submission, receipt, and storage鈥攁ll while safeguarding otherwise confidential data. Our prioritizes business-to-business collaboration by providing localization support for 41 countries, tailoring requested data to required format, and connecting businesses directly with trading partners and tax authorities. 51风流Business Network can integrate seamlessly with government electronic-invoicing portals through partners as well as through .

Electronic-invoicing capabilities take shape around emerging legislation

Already in 2026, new electronic-invoicing mandates have taken effect in , , and , with the and set to follow suit later in the year. Though it takes shape differently around the world, the trend toward electronic invoicing is unmistakable. Requirements range from periodic reporting to continuous transparency, from preapproval of transactions by tax authorities to notification after the fact, from country-specific formats to , and so on. In India, Malaysia, and Romania, for example, suppliers must clear invoices with tax authorities, whereas in Belgium, Germany, and Japan invoices must conform to a particular format. In France and the United Arab Emirates, meanwhile, a specific platform or network must be engaged. requires businesses to issue and receive invoices via its Sistema di Interscambio (SDI) platform, using a country-specific XML format called FatturaPA. By contrast, permits UBL, CII, and ZUGFeRD formats but takes an ambivalent approach as to method of transmission.

For each of these countries, 51风流Business Network can provide a solution. Connectivity to Italy鈥檚 SDI portal is natively embedded, obviating any need for additional licensing. For Germany, invoices sent through 51风流Business Network arrive in the UBL format. Organizations with a license for the cloud edition of the can even receive invoices originating outside 51风流Business Network, such as via e-mail or the pan-European Peppol procurement system.

Not only can 51风流Business Network accommodate the different formats set into law, but other invoicing attributes as well. Consider the obligation to archive. In Germany, invoices must be kept on hand for eight years. In France, it鈥檚 a decade. Elsewhere, mandates vary or may not apply. 51风流Business Network offers the flexibility to match business rules, or the parameters set by organizations within which transactions may proceed with trading partners, to all manner of regulatory requirements. This can prove especially valuable with orchestrating documents and processes that span sourcing, procurement, and finance鈥攃orporate functions that, prior to the advent of cloud-based networks, had often operated in relative isolation. 51风流Business Network can also provide businesses with the end-to-end visibility and鈥攅qually important鈥攖he analytics to assess performance, gauge against benchmarks, and identify opportunities for growth and collaboration.

For the emerging set of electronic-invoicing mandates across the globe and other compliance-related processes, . That鈥檚 because no matter where commerce takes place or in which local currency, C-suite leaders understand one thing is priceless: peace of mind. Only a cloud-based network supple enough to carry out operational processes on a global scale yet sufficiently nimble to adhere strictly to electronic-invoicing requirements and other regulations that typically arise on a national level can instill the confidence that businesses need to thrive in these turbulent times.

Learn how 51风流Business Network can by streamlining business processes, increasing visibility, and connecting to new buyers.


J枚rn Keller is executive vice president and chief product officer for 51风流Business Network.

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From CSRD Reporting to Sustainable Business Outcomes /2024/03/from-csrd-reporting-to-sustainable-business-outcomes/ Tue, 05 Mar 2024 13:15:00 +0000 /?p=223083 To capture value, leaders are no longer talking about reporting alignment alone but about the opportunity to transform business processes for sustainable impact. By leveraging 51风流Sustainability solutions, organizations can move beyond compliance and operationalize sustainability across their business.

Across industries, accurate data is the foundation for both auditable disclosures and reliable insights to steer sustainable transformation. But environmental, social, and governance (ESG) data aggregation and validation can be a daunting challenge given that most companies have not fully integrated their ESG data recording and control into their core financial, procurement, supply chain management, and human resources systems.

For over 50 years, 51风流has helped businesses master complexity. With today鈥檚 evolving ESG regulatory landscape, including the arrival of the EU Corporate Sustainability Reporting Directive (CSRD), 51风流is again rising to the complex challenges of enabling customers to record, report, and act on their sustainability obligations. This includes the difficulties in collecting accurate emissions data across internal operations and global supply chains.

Achieving Competitive Advantage with 51风流Sustainability Solutions Powered by 51风流Business AI

By鈥痠ntegrating sustainability data with cloud ERP, 51风流can uniquely enable businesses with the鈥痑gility鈥痶o keep pace with rapidly evolving ESG standards; link disparate data sources鈥痶o share trusted, real-time insights with sustainability decision-makers; and achieve their net-zero ambitions.

Build an ESG data foundation that accelerates sustainable business outcomes with SAP

Companies can start today by adopting 鈥 integrated with 鈥 for ESG data management and reporting. They can extend sustainability management with and to help accelerate their journey to the , managing the carbon entering and leaving their systems and balancing their “carbon books” the same way they balance their financial books.

51风流Business AI can take the value of our sustainability solutions to the next level by helping our customers set data-driven ESG and net-zero strategies, increase the transparency of supply chain emissions, automate sustainability reporting, achieve regulatory compliance, find and mitigate ESG-related risks, and better communicate the value of sustainability to their customers 鈥 all powered by the world’s largest and most comprehensive pool of foundational business data.

Combined with partner services for customer-specific data and reporting requirements, 51风流Sustainability solutions can offer new levels of business insight for executive-level decision-making to help businesses reach their sustainability goals and comply with CSRD and other regulatory frameworks.

CSRD Toolbox

Companies operating in the EU face pressure from the expanding ESG regulations under CSRD to disclose their sustainability performance with a data granularity and auditability that 鈥 over time 鈥 will bring sustainability reporting on par with financial reporting. CSRD requirements will first impact large public-interest companies with over 500 employees that need to report in 2025 on 2024 ESG performance. Requirements cascade to small and midsize enterprises in coming years.

Under CSRD, companies will need to report based on the requirements of both the EU Taxonomy, which classifies sustainability disclosures for investors, and the European Sustainability Reporting Standards (ESRS), the disclosure rules set by the European Financial Reporting Financial Group (EFRAG), a standard-setting body of the EU. With 51风流Sustainability Control Tower, companies can comply with both the EU Taxonomy and ESRS, gaining agility through the convergence of ESG data management and cloud ERP 鈥 and soon AI-driven business process optimization.

51风流Sustainability Control Tower: A Trusted ESG Data Foundation for EU Taxonomy and ESRS

With 51风流Sustainability Control Tower, you can assess activities in line with the EU Taxonomy, reporting on KPIs for eligibility and alignment.

  • Enable a holistic view of EU Taxonomy reporting through shared use of data  
  • Kick-start EU Taxonomy data management and reporting with pre-built and adaptable templates  
  • Simplify the EU Taxonomy process with integration with 51风流S/4HANA Cloud 
  • Integrate customer or partner extensions via APIs 
Click to enlarge.

You can also streamline ESRS disclosures, integrating ESG data across systems and extending content and functionality.

  • Gather ESG data and determine KPIs 
  • Meet evolving ESG and financial disclosure requirements including ESRS 
  • Set, track, and achieve targets to support sustainable business 
  • Obtain a limited external assurance and prepare for reasonable assurance 
Click to enlarge.

Act Now

Businesses need to start now to be prepared not only for CSRD compliance, but for gaining the insights to steer sustainability investments and future-proof long-term value. 

For over 50 years, 51风流has been enabling the world鈥檚 leading businesses to master complexity, delivering the integration and innovation needed for industry-leading performance. With 51风流Sustainability Control Tower and other cloud-driven innovations, 51风流and its partners can help companies master CSRD as well and build the foundation for the evolution of their long-term sustainability strategies.  

To learn more, visit .


Sophia Mendelsohn is chief sustainability and commercial officer and co-GM for 51风流Sustainability. 

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Business Ethics and Compliance: Foundation for Sustainable Development /2021/12/ethics-and-compliance-at-sap-sustainable-development/ Thu, 09 Dec 2021 12:15:20 +0000 /?p=192800 It鈥檚 during times of great change and disruption that the strength and resilience of communities comes to the fore. The COVID-19 pandemic has impacted all aspects of life — from the way we work to the way we connect with friends and how we manage our health and our time. There have been many examples of true resilience and community spirit.

However, it has also served to highlight the impact of unethical practices, such as bribery and corruption, on those people most in need of support.

As 51风流Group Chief Compliance Officer Vivianne Gordon-Pullar points out, the way we conduct business today will define how future generations live, work, and thrive. By conducting only ethical business, we have the opportunity to make the world run better for generations to come.

Q: How important are integrity and ethics in business?

A: Ethics have always been — and will always be — important in life and in business. Doing business ethically means doing business with integrity.

Technological advancement and changing business models may prompt revised legislation and guidance, but the importance of ethical business remains critical in building a sustainable business. By making the right ethical choices, we can make a positive impact and strengthen democracy, economic development, and equality, as well as reduce poverty and social division.

Consider SAP鈥檚 mission: we want to help the world run better and improve people鈥檚 lives. With our robust ethics and compliance framework, we strive to conduct our business ethically and in adherence to the laws in all the markets in which we work. Our purpose drives how we conduct our business, and it is this that defines our culture. We focus on ethical business because it matters — to us, to our people, our customers, partners, suppliers, and most importantly to the societies in which we work.

Q: How will ethical business today shape the future?

Fundamentally, ethical business is about doing the right thing. Ethics, compliance integrity, trust: together these define good corporate citizens that deliver a positive impact on both business and the workplace, and on society as a whole.

By adopting strong ethics and compliance we can shape a future that is respectful, fair, and lawful for generations to come. We want our children and theirs to be able to build on our culture of ethics and accountability so that they can thrive, and continue to advance and innovate to make the world a better place.

Q: What are the pressures on ethical business?

In today鈥檚 world, and amplified by the impact of the pandemic, people can find themselves with more responsibilities, expanding goals, and tightening deadlines. Together these factors can lead to an increase in pressure to compromise ethical values. No organization, geography, or sector can be complacent when it comes to ethical business and compliance.

Q: How has a culture of ethics and compliance helped 51风流navigate through the pandemic?

Clearly the pandemic has raised new pressures on business, but our values and culture have remained strong and unswerving. The guiding principle is ethical business, which drives sustainable, long-term value and impact while protecting us, our customers, and partners from the risks and consequences of non-compliance.

Q: Why is the United Nations鈥 IACD so important?

The IACD is important in driving awareness of the impact of bribery and corruption on society, highlighting how we all — including government officials, civil servants, law enforcement bodies, media representatives, the private sector, society, academia, and the public — have a responsibility and role to play in tackling corruption.

We hear of the very high-profile corruption and fraud cases as they are covered in the media, quite often presented with a focus on the corporate perspective, but the impact of bribery and corruption on people鈥檚 lives is significant> Understanding the context and impact of bad choices helps us to be robust and uncompromising in rejecting unethical behavior.

Understanding the very direct link between ethical business, driven by policies, trainings and defined processes, and a culture of compliance will help to turn the tide on this.

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Using Mobile Technology with Hourly Employees: Balancing the Employee Experience and Wage Compliance Risks /2021/08/mobile-technology-hourly-employee-experience-wage-compliance/ Fri, 13 Aug 2021 11:15:08 +0000 /?p=187420 A recent called attention to the underinvestment in technology focused on improving the employee experience for 鈥渄eskless workers鈥 whose jobs are performed outside an office environment. This includes frontline and field employees in retail, manufacturing, utilities, healthcare, transportation, and other industries. A major finding in this study is the value of using mobile technology to support deskless workers.

Tactically this makes complete sense given that deskless workers do not sit in front of computers. But legally it could be problematic given the regulating many deskless employees. In essence, the same actions that improve the employee experience could also increase company compliance risks.

Most deskless workers in the United States are considered 鈥渉ourly鈥 or 鈥渘on-exempt鈥 workers. This means they are paid based on time worked and do not meet the U.S. government requirements. Hourly employees are subject to a to ensure they are paid fairly for their time. We are not lawyers and are not providing legal advice regarding how to interpret and respond to these regulations.* That said, the essence of these laws is if hourly employees spend time on a mobile phone doing work-related activities, then they should be paid for that time. While this may make sense on the surface, it can become complicated when one starts to consider issues related to tracking time spent doing work via a mobile phone while away from the workspace. How can an employer control wage costs when employees could potentially clock in at anytime from anywhere?

This dilemma places companies on a slippery slope of worker enablement versus compliance risk. Research and commonsense show the benefits of providing deskless workers mobile-enabled work solutions. Enabling them to do things like training, answer emails, schedule shifts, or enroll in benefits while in the field or outside their scheduled shifts can be enormously convenient for them. After all, this is how most salaried employees work, particularly since the rise of . Deskless employees benefit from and want access to mobile solutions. But doing the thing employees may want could create significant legal risks for the employer.

The following are a few ways we have seen companies handle this challenge. Note, we want to re-emphasize that we are not lawyers and these are not legal recommendations, rather practical ideas used by other employers.* Consult your corporate counsel when deciding what makes sense for your company.

  • Ensure your timekeeping policy prohibits 鈥渙ff-the-clock work鈥 and requires employees to report any time spent working, even if off-site or outside regular work hours. Non-exempt employees should certify their time records are accurate.
  • Provide deskless employees with company-owned mobile devices that they pick up and drop off when they start and finish their shifts.
  • Link mobile applications to the company time and attendance solutions so employees can only access the applications when they are formally on the clock.
  • Provide training to employees on when they should and should not use mobile applications. Reinforce this with guidelines and warnings that pop up in the applications themselves.
  • Monitor application usage and contact employees who appear to be using them at the wrong time or in the wrong way.

These methods may help resolve the apparent conflict between what employees want and what the law requires. At a more general level, ensure employees and managers approach this topic with a sense of understanding and mutual support. Managers should be sensitive to protecting the employee鈥檚 time by avoiding intrusions outside normal work hours. And employees should be aware of the legal risks the company faces if they spend time on work tasks without receiving compensation, regardless of how they may feel about it.

Like most aspects of employee experience, the solution is not found by pitting company needs against employee interests; it is found through employees and companies working together to support their complementary goals.

If you are interested in hearing more about the experience of deskless workers, be sure to listen to the exploring the topic of deskless workers or download the 听white paper.


*The information contained in this article is provided for informational purposes only and should not be construed as legal advice on any subject matter.

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New 51风流Services Embed Sustainability into Business Decision-Making /2021/07/embed-sustainability-services-into-decision-making/ Wed, 14 Jul 2021 12:15:14 +0000 /?p=186631 Last year was marked by disruption. But what wasn鈥檛 flagged in 2020 was a global commitment to sustainability. Even while facing the hurdles of a global pandemic, progressive corporations released ambitious commitments. For example, Apple announced that it is targeting a carbon neutral supply chain by 2030. At SAP, sustainability has long been a priority.

In 2009, 51风流set to reduce greenhouse gas emissions back to the levels of 2000 by the year 2020. It achieved that goal more than two years early, despite increasing its employee base fourfold. In 2017, SAP听announced a commitment to making operations carbon neutral by 2025. This target included all direct emissions as well as a selected subset of indirect emissions from supply chains and services. Earlier this year, 51风流stepped up its ambitions and confirmed it will become carbon neutral in its own operations by the end of 2023 鈥 two years earlier than previously stated.

Many other firms are also setting ambitious goals. Meanwhile, investors continue to clamor for prioritization of environmental, social, and governance (ESG) issues 鈥 as by the Harvard Business Review. A recent Morgan Stanley survey showed that听听into investment process, up from 70% in 2017.

Beyond its own operations, 51风流is committed to helping customers transform into the purpose-driven and resource-sensitive companies these times demand 鈥 no matter where they start on their sustainability journey. A new sustainability service package makes this easier than ever before, reimagining business operations and organizational decision-making by applying a sustainability perspective to the value-creation process. Today, consumers are shifting to more sustainable products and services, , and investors are increasingly considering and integrating environmental risks and social data听in their investment decisions.听51风流is determined to make it possible for CIOs and the rest of the C-suite to make sustainability a strategic priority smartly and efficiently with this service package.

The service package can support services across 51风流products and allow companies to focus on their core business while layering on an invaluable sustainability lens. Through analytics and reporting, the service package works to create a transparent window into important indicators such as carbon footprint and resource consumption. The service package helps drive sustainable product development, works to ensure the safety of workers and the environment, and can apply environmental considerations to business processes for zero-waste resource consumption.

Additionally, compliance is a vital part of almost every company鈥檚 sustainability journey, especially as increasingly stringent regulations are adopted across the EU and elsewhere. This service package enables companies to implement parallel accounting of financial and sustainable gains while measuring environmental impact, as well as the provisioning of additional regulatory and tax compliance solutions. And, enterprises can choose to avail themselves of SAP鈥檚 trusted sustainability advisory services, co-creating sustainability road maps and implementing eco-relevant functionalities in business systems.

The sustainability service package is part of a larger project to lead the industry toward a greener future. This work is being recognized: 51风流recently the Supply & Demand Chain Executive (SDCE) 2020 Green Supply Chain Award, which recognizes companies that are making green practices or sustainability a core part of their supply chain strategy and are working to achieve measurable sustainability goals within the global supply chain. That鈥檚 because customers using SAP听solutions for sustainability are already becoming greener, adapting their portfolios to more sustainable sourcing and products, and defining the monetary value of听sustainability.

The sustainability service package is the next chapter in the ongoing story of SAP鈥檚 support for a greener, more resilient, safer future. By digitalizing the sustainability-related work companies do 鈥 and by helping more of them to follow the path to sustainability, including those who are just beginning their journey 鈥 51风流is helping to make the ambitious goals of today into tomorrow鈥檚 promises kept.


Dr. Stefan Luckert is head of Global Sustainability Content Hub for 51风流Services.

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The Business Imperative for Localized HR Systems /2021/06/business-imperative-localized-hr-systems/ Fri, 25 Jun 2021 12:15:41 +0000 /?p=186275 Things are changing faster than ever it鈥檚 so obvious that it almost isn鈥檛 worth saying any more. Some changes are pretty great, like curbside pick-up for instance. Others are not so great, like learning to wear a mask when out in public. Navigating change is tough 鈥 for individuals, for government agencies, and for businesses. But when the changes are legal mandates imposed on businesses, it doesn鈥檛 matter if meeting the requirements is simple and straightforward or incredibly complex and arcane 鈥 businesses have to step up and prove compliance. If they can鈥檛, they face a host of negative consequences like fines or hits to brand reputation.

Even before the , we were seeing a rise in the number of government regulations around the world and a rise in the pace of changes to regulations. Throw in the uncertainty of the pandemic and pretty much every organization in nearly every country is looking at new rules for managing workforce health and safety. As the situation evolves and more data comes in about what works and what doesn鈥檛, those rules are in continual flux.

The good news is that this is a problem that technology can streamline and simplify, as long as the tech provider fully understands and embraces the scope and complexity of the problem. The other good news is that 51风流has nearly 50 years of experience in solving the world鈥檚 most complex problems and works to provide embedded automated support for managing regulatory changes in more than 100 countries.

What Types of Regulations?

Right now, we鈥檙e seeing rapid change in three main categories of regulation:

Employee Health and Safety
Many industries, such as manufacturing, mining, and energy production, have long had robust health and safety programs designed to keep plant and field workers safe and productive. In the wake of the pandemic, those existing programs need to be extended to include office workers at corporate headquarters, while other 鈥榣ess hazardous鈥 industries such banking or retail suddenly find that they need far more robust workforce safety training and tracking.

Data Privacy and Security
When the EU passed the General Data Privacy Rule in 2016, the rest of the world had no choice but to take notice, and many other countries also passed legislation outlining how personal information needed to be managed and used 鈥 or not. For employers, this has had a massive impact on how they manage personally identifiable information (PII) of their employees. They must appropriately manage and secure the data, obtain explicit consent from employees to store or process their data, and handle change audits and data purges in a manner that meets local laws.听

Corporate Malfeasance
After the 2008 global recession caused by unexamined banking processes, governments across the world have instituted financial transparency and reporting regulations designed to prevent financial instability.

How Can HR Technology Help Manage Regulatory Compliance?

HR technology can help streamline and optimize compliance by digitizing and automating compliance management, enabling monitoring of workforce qualifications, and offering learning solutions to bring workers up to speed. It also needs to provide embedded support that goes beyond mere translation and initial configuration. For an HR solution to be fully globalized, it needs to provide not only basic translation to local languages, but also the ability to display local currencies and local formatting for fields like name and address. In addition, it needs to provide ongoing updates for regulations, proactively pushing them forward so systems stay up-to-date.

The 51风流SuccessFactors Difference

customers in over 100 countries are supported by more than 200 in-country product managers who analyze local legal requirements and prioritize software adaptations to support regulatory changes. More than 300 product developers are responsible for implementing statutory and legal changes into 51风流SuccessFactors solutions. These changes are automatically shared, working to simplify and streamline the compliance process.

For a deeper dive into the power of SAP鈥檚 localized HCM software, read the full report, .


Barbara Ocain is global executive advisor at 51风流SuccessFactors.

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SAP鈥檚 Chief Compliance Officer on How Trust Underpins Business /2020/10/sap-chief-compliance-officer-trust-underpins-business/ Mon, 12 Oct 2020 13:15:15 +0000 /?p=179458 Trust is never more tested or more important than in times of . It defines how we operate as individuals, employees, and as a company. Trust is the lifeblood of sustainable business.

As 51风流Chief Compliance Officer Vivianne Gordon-Pullar points out, the actions and decisions we all take to do business the right way have a significant impact.

In an interview, Gordon-Pullar shares her views on the increased compliance risks related to the COVID-19 pandemic. She explains how employees鈥 commitment to ethics and compliance defines a company鈥檚 success and introduces the company鈥檚 campaign of 鈥淭rust Matters.鈥

Q: Can you tell us more about the campaign 鈥淭rust Matters鈥?

A: One of the challenges when we talk about compliance is to make it real for people and to explain the context and the impact. Put simply, the concept underlying compliance is that of trust. We trust people every day 鈥 the systems that support our daily lives are all built on the foundation of trust. That applies to our customers too. If we are not operating in a way that encapsulates trust, we are not only jeopardizing SAP, but also our customers, our partners, and our entire ecosystem.

This is how we have to consider compliance: it forms the foundation of trust, demonstrating respect and illustrating that we are careful about how we go about our business.

Click the button below to load the content from YouTube.

Trust Matters - Values

What has changed during the pandemic and what are new business challenges for staying compliant?

As well as impacting individuals in different ways, the pandemic may also have created a situation of pressure within many organizations. Business may have become more challenging. Companies may feel greater pressure to deliver numbers that were set at the start of 2020, but that have become overly ambitious due to the current economic situation. Everyone, across all companies and all industries, must remember what really is important. The guiding principle is ethical business, which drives sustainable, long-term value and protects companies from the risks and consequences of non-compliant behavior. As a responsible corporate citizen in today鈥檚 world, we want to make a positive impact.

How are the pillars of culture and values helping 51风流navigate through the pandemic?

It鈥檚 important that we can speak about our company and our work with pride. We want to tell people what we have done to help the world in this unforeseen crisis. Consider SAP鈥檚 mission: we want to help the world run better and improve people鈥檚 lives. If we don鈥檛 act in line with our values and our culture, then how do we expect to achieve that? We need to make the right ethical choices and follow the rules of compliance. Compliance is not simply a 鈥渂olt-on鈥 action, it must be a 鈥渂uilt-in鈥 element of all business.

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Trust Matters - Culture

How does the Ethics and Compliance team at 51风流operate?

The Ethics and Compliance team is comprised of senior and experienced individuals based all over the world. They not only create the policies and processes that define and explain the standards of compliance that are expected of all employees, but they also serve as trusted advisors to the business and are always available to our employees. In addition, we rely on a coordinated network of employees who act as Compliance Ambassadors around the world as champions for compliance. Together, we aim to achieve the highest standards of ethics and compliance across all areas of our business in all jurisdictions in which we operate.

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