Last updated on
Company health
Ratings
SAP Risk Management description
SAP Risk Management, a tool within the SAP S/4HANA suite, helps businesses understand and manage potential risks. It allows you to centralize risk-related activities, analyze your company's risk exposure, and develop appropriate responses. This solution is particularly beneficial for integrating risk management into daily operations and improving decision-making across different departments.
Who is SAP Risk Management best for
SAP Risk Management centralizes risk-related activities, allowing businesses to analyze risk exposure and improve decision-making. Users praise its comprehensive features and improved compliance but note a steep learning curve and occasional performance issues. Ideal for large companies focused on IT security, especially in manufacturing, finance, and technology.
-
Best fit for medium to large enterprises (101+ employees) seeking enhanced risk management.
-
Suitable for businesses across all industries, particularly those with strong IT security needs.
SAP Risk Management features
Supported SAP Risk Management centralizes all risk-related activities, providing a single source of truth for risk data. |
Supported The solution allows businesses to analyze their risk exposure and develop appropriate responses. |
Supported SAP Risk Management helps in developing appropriate responses to identified risks. |
Supported The product is beneficial for integrating risk management into daily operations. |
Supported SAP Risk Management improves decision-making across different departments. |
SAP Risk Management reviews
We've summarised 62 SAP Risk Management reviews (SAP Risk Management G2 reviews) and summarised the main points below.
- Streamlines risk and compliance processes, improving efficiency.
- Centralizes risk management activities and improves decision-making.
- Provides tools for managing user access and data security.
- Automates risk monitoring and informs about SoD violations.
- Comprehensive solution for access management, risk analysis, and role management.
- Slow performance and system hangs are common issues.
- Steep learning curve and requires specialized training.
- Lacks a dedicated application and runs in a browser.
- Limited integration with non-SAP systems.
- Complex setup and configuration.
SAP Risk Management pricing
The commentary is based on 1 reviews from SAP Risk Management G2 reviews.
SAP Risk Management pricing information is not available in the provided reviews. While users mention cost savings related to compliance, specific pricing details or licensing models aren't discussed. Contact SAP directly for pricing information.
Users sentiment
See the SAP Risk Management pricing page.
SAP Risk Management alternatives
SAS Continuous Monitoring for Procurement IntegrityFinds procurement fraud and waste before it hurts your bottom line.Read more
Fusion Framework SystemAutomates risk and resilience management for smoother business operations.Read more
SAP Risk Management FAQ
SAP Risk Management, part of the SAP S/4HANA suite, helps businesses identify, analyze, and mitigate potential risks. It centralizes risk-related data, facilitates response planning, and integrates risk management into daily operations for better decision-making across departments.
What is SAP Risk Management and what does SAP Risk Management do?
SAP Risk Management, part of the SAP S/4HANA suite, helps businesses identify, analyze, and mitigate potential risks. It centralizes risk-related data, facilitates response planning, and integrates risk management into daily operations for better decision-making across departments.
SAP Risk Management integrates tightly with other SAP solutions, particularly those within the S/4HANA suite. However, users note limited integration capabilities with non-SAP systems, which can be a drawback for businesses relying on a diverse tech stack. For optimal use, consider your existing infrastructure.
How does SAP Risk Management integrate with other tools?
SAP Risk Management integrates tightly with other SAP solutions, particularly those within the S/4HANA suite. However, users note limited integration capabilities with non-SAP systems, which can be a drawback for businesses relying on a diverse tech stack. For optimal use, consider your existing infrastructure.
Top alternatives to SAP Risk Management include Resolver, ERMVare, and SAS Risk Management. These competitors offer similar functionalities, such as risk identification, assessment, and mitigation, often with different approaches to implementation and user experience.
What the main competitors of SAP Risk Management?
Top alternatives to SAP Risk Management include Resolver, ERMVare, and SAS Risk Management. These competitors offer similar functionalities, such as risk identification, assessment, and mitigation, often with different approaches to implementation and user experience.
Yes, SAP Risk Management is a legitimate software offered by SAP. It helps businesses identify, analyze, and mitigate risks, improving decision-making and integrating risk management into daily operations. It's a safe and widely used tool for enhancing risk management strategies.
Is SAP Risk Management legit?
Yes, SAP Risk Management is a legitimate software offered by SAP. It helps businesses identify, analyze, and mitigate risks, improving decision-making and integrating risk management into daily operations. It's a safe and widely used tool for enhancing risk management strategies.
I couldn't find specific pricing details for SAP Risk Management. Contact SAP directly to obtain a personalized quote based on your organization's needs and determine if the product is worth the investment for your risk management requirements.
How much does SAP Risk Management cost?
I couldn't find specific pricing details for SAP Risk Management. Contact SAP directly to obtain a personalized quote based on your organization's needs and determine if the product is worth the investment for your risk management requirements.
Customer reviews on SAP Risk Management's support are mixed. Some users find the support unhelpful, experiencing difficulties with post-patching issues and a lack of long-term assistance after implementation. Others mention the need for a good consulting company for implementation and ongoing support.
Is SAP Risk Management customer service good?
Customer reviews on SAP Risk Management's support are mixed. Some users find the support unhelpful, experiencing difficulties with post-patching issues and a lack of long-term assistance after implementation. Others mention the need for a good consulting company for implementation and ongoing support.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.