What is central control in SAP GRC-RM - GRC Risk Management?

SAP Term: central control

• Component: GRC-RM

• Component Name: GRC Risk Management

• Description: A control that can be managed centrally and used as defined, or it can provide templates for organization-dependent controls which are maintained locally. Central controls are also used in Risk Management during the creation of a risk template.

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• Key Concepts: 
  Central Control is a component of SAP GRC Risk Management (GRC-RM) that helps organizations manage risk and compliance. It provides a centralized platform to monitor, assess, and report on risks across the organization. Central Control also helps organizations identify and address potential risks before they become an issue.
  
  How to use it: 
  Central Control can be used to identify, assess, and monitor risks across the organization. It provides a centralized platform to track and report on risk management activities. It also helps organizations identify potential risks before they become an issue.
  
  Tips & Tricks: 
  When using Central Control, it is important to ensure that all risk management activities are properly documented and tracked. This will help ensure that any potential risks are identified and addressed in a timely manner. Additionally, it is important to regularly review the risk management activities to ensure that they are up-to-date and effective.
  
  Related Information: 
  SAP GRC Risk Management (GRC-RM) is a comprehensive solution for managing risk and compliance across the organization. It provides a centralized platform to monitor, assess, and report on risks across the organization. Additionally, GRC-RM provides tools for identifying potential risks before they become an issue.