What is control owner in SAP GRC-PLA - GRC Platform?

SAP Term: control owner

• Component: GRC-PLA

• Component Name: GRC Platform

• Description: A person who is held accountable for ensuring that a control is effectively implemented. A control owner does not create the control, but they are responsible for it. A control can have more than one control owner.

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• Key Concepts: 
  Control Owner is a role in the Governance, Risk, and Compliance (GRC) Platform of SAP. It is responsible for the ownership and management of controls within the GRC Platform. The Control Owner is responsible for ensuring that the control is properly implemented, monitored, and maintained. They are also responsible for ensuring that the control meets all applicable regulatory requirements. 
  
  How to use it: 
  The Control Owner is responsible for setting up and managing the control in the GRC Platform. This includes setting up the control parameters, assigning roles and responsibilities, and monitoring the control’s performance. The Control Owner is also responsible for ensuring that the control meets all applicable regulatory requirements. 
  
  Tips & Tricks: 
  When setting up a control in the GRC Platform, it is important to ensure that all roles and responsibilities are clearly defined and assigned to the appropriate individuals. Additionally, it is important to ensure that all applicable regulatory requirements are met. 
  
  Related Information: 
  The Control Owner role is part of SAP’s Governance, Risk, and Compliance (GRC) Platform. For more information on GRC Platform, please visit SAP’s website at https://www.sap.com/products/governance-risk-compliance-platform.html