What is Enterprise Risk Report in SAP GRC-RM - GRC Risk Management?

SAP Term: Enterprise Risk Report

• Component: GRC-RM

• Component Name: GRC Risk Management

• Description: With this Fiori transactional application, you can identify, display and analyze risks by establishing a risk framework. Risks can be analyzed for their potential impact and addressed through a set of controls and response measures.

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• Key Concepts: 
  The Enterprise Risk Report is a feature of SAP GRC Risk Management (GRC-RM) that provides an overview of the risks associated with an organization. It allows users to identify, analyze, and manage risks in order to reduce their impact on the organization. The report includes information on the risk categories, risk levels, and risk owners. It also provides a summary of the risk management process and the status of each risk.
  
  How to use it: 
  To use the Enterprise Risk Report, users must first define the risk categories and levels. This can be done by selecting from a list of predefined categories or by creating custom categories. Once the categories and levels are defined, users can then assign risk owners to each category. The report will then display a summary of the risks associated with each category and level.
  
  Tips & Tricks: 
  When creating custom categories for the Enterprise Risk Report, it is important to ensure that they are relevant to the organization’s operations. This will help ensure that the report is accurate and useful. Additionally, it is important to assign appropriate risk owners to each category in order to ensure that risks are properly managed.
  
  Related Information: 
  The Enterprise Risk Report is part of SAP GRC Risk Management (GRC-RM). Other features of GRC-RM include Risk Analysis, Risk Mitigation, and Compliance Management. Additionally, GRC-RM integrates with other SAP solutions such as SAP ERP and SAP HANA for a comprehensive view of an organization’s risks.