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

SAP Term: policy owner

• Component: GRC-PLA

• Component Name: GRC Platform

• Description: A person who is ultimately held accountable for ensuring an organizational policy is designed and implemented appropriately.

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• Key Concepts: 
  A policy owner is a user responsible for the management of a policy in the SAP GRC Platform. The policy owner is responsible for creating, maintaining, and monitoring the policy. They are also responsible for ensuring that the policy is compliant with applicable laws and regulations. 
  
  How to use it: 
  The policy owner is responsible for setting up the policy in the SAP GRC Platform. This includes defining the scope of the policy, setting up the rules and conditions, and assigning roles and responsibilities to users. The policy owner can also monitor the policy to ensure that it is being followed and that any changes are made in accordance with applicable laws and regulations. 
  
  Tips & Tricks: 
  It is important for the policy owner to stay up-to-date on any changes to laws and regulations that may affect their policies. They should also ensure that all users are aware of their roles and responsibilities when it comes to following the policy. 
  
  Related Information: 
  The SAP GRC Platform provides a comprehensive set of tools for managing policies, including tools for creating, maintaining, and monitoring policies. It also provides tools for managing user roles and responsibilities, as well as tools for tracking compliance with applicable laws and regulations.