SAP Risk Management Reviews & Product Details

I like the integration with SAP S/4HANA and ECC, which provides a clear source of ownership for every business user. I appreciate the automation features as they help in automating various processes. The audit-ready jobs are quite beneficial too. The ability to handle large and complex enterprises makes it reliable for our needs. It's trustworthy. Review collected by and hosted on G2.com.

The first thing I would mention is the high cost of using SAP Risk Management. The licensing cost is not as good as other SAP solutions. The implementation time was quite high and involved a lot of people. The documentation is not as good as we expected. Initially, our business users had difficulty using the application because the user interface is a bit complicated and requires a lot of user training. Review collected by and hosted on G2.com.

I like SAP Risk Management for tracking action owners, deadlines, and effectiveness. I find it valuable that ownership is visible to management and auditors and that escalation is automatic if actions are overdue. Review collected by and hosted on G2.com.

I find that risk mitigation actions are not tracked properly, leading to control failures. I also think the user interface could be more business-friendly, like having simplified standard templates for common industries such as pharma, manufacturing, and BFSI. Additionally, there was initial resistance from business teams because risk ownership felt like extra work on top of daily operations. Review collected by and hosted on G2.com.

I helps organizations to identify various risks like financial, compliance, operational and various risks and it also helps to mange risks across their business processes. It is a very help full tool to identifying and managing business risks. it is easy to use and it has best customer support. Review collected by and hosted on G2.com.

If they provide free trial it will be helpful to start on with this software by others. Review collected by and hosted on G2.com.

It clearly identifies and monitors risks in one centralized system, helping me understand potential problems early, improve compliance, and make better, best helps to work easy to use. and it is best software for accounting use. Review collected by and hosted on G2.com.

It is little bit difficult to learn the software interface. Review collected by and hosted on G2.com.

I used SAP for many years; it was quite robust and practical software. Review collected by and hosted on G2.com.

Not very customizable, the methodology does not allow customization, but everything else was functional. Review collected by and hosted on G2.com.

What I like the most about about SAP Risk Management is its ability to centralize and standardize risk processes across the organization. Review collected by and hosted on G2.com.

SAP Risk Management is a great platform, there are a few areas where further enhancements could make it more precise such as securtiy feature etc Review collected by and hosted on G2.com.

SAP Risk Management offers a robust framework for identifying, assessing, and mitigating the risks across organizations. The integration with other SAP GRC modules and core SAP systems like S/4HANA makes it powerful. I particularly appreciate the automation of workflows, customizable risk scoring models, and real-time dashboards that provide clear visibility into our risk posture. Review collected by and hosted on G2.com.

The UI can feel a bit dated and complex for new users. Initially the setup and configuration require significant effort and a steep learning curve. Also, reporting customization can sometimes be limited unless you have advanced SAP expertise. Review collected by and hosted on G2.com.

The real-time visibility and analytics, streamlined regulatory compliance, and the ability to manage various risks like credit, market, and operational risks in one place enhances the decision making. Review collected by and hosted on G2.com.

Integration with non-SAP tools can be difficult and the user interface can be considered dated or a bit complex. It can be enhanced. Review collected by and hosted on G2.com.

What I appreciate most is its ability to offer a centralized platform for managing risks and compliance throughout the entire organization. I also value the real-time monitoring and the comprehensive approach to risk management it provides. Review collected by and hosted on G2.com.

At the moment, I don't have any major concerns. However, I do feel that the cost is somewhat on the higher side. Review collected by and hosted on G2.com.

It is a real time risk monitoring which provides easy view of dashboard and analytics for making decision. It reduces manual work in identifying & Mitigation. Review collected by and hosted on G2.com.

The dislike i found about SAP Risk management is it complex setup, learning curve and yes the high cost with compared to similar in market. It requires expertise while integrating with non SAP systems. Review collected by and hosted on G2.com.