The best thing about SAP Risk and Assurance Management is how it centralizes all risk controls and compliance activities in one dashboard. It makes tracking, managing, and reporting on risks much more straightforward, and also helps with audit preparation since everything is organized and easy to find. The automation features save a lot of time compared to doing things manually. Review collected by and hosted on G2.com.

One thing I dislike about SAP Risk and Assurance Management is that setting up the controls and workflows can be a bit complex and time-consuming, especially at the beginning. Some features require extra training to use effectively, and the interface could be more intuitive for new users. Also, customizing certain reports sometimes needs technical support or help from IT. Review collected by and hosted on G2.com.

I like that SAP Risk and Assurance Management manages the master data really well. It makes it easy for me to see what I can do and assess the risk. The risk management capabilities give me opportunities to perform under SAP Risk and Assurance Management and identify where the problems are, which helps me a lot to be honest. Review collected by and hosted on G2.com.

n/a Review collected by and hosted on G2.com.

I appreciate how SAP Risk and Assurance Management simplifies the digitalization and transformation process, which is crucial for real-time decision-making and provides predictive insights. The tool acts as a modulator in identifying and resolving risks before they become major issues, thereby preserving business value. It aligns all stakeholders on a single risk taxonomy, ensuring consistency in risk management. Additionally, its ability to ensure real-time integration with S/4HANA enhances its value and utility. Overall, these features greatly contribute to its effectiveness as a compliance tool in risk management and internal control. Review collected by and hosted on G2.com.

I find the initial setup of SAP Risk and Assurance Management complex and challenging. The implementation requires a substantial level of expertise, either internally or from external experts. Continuous monitoring is necessary, adding to the complexity. During the initial setup, aligning all stakeholders on a single risk taxonomy and resolving role-authority conflicts during workflow testing present difficulties. Additionally, ensuring real-time integration with SAP S/4HANA and related modules like SAP Process Control and SAP Audit Management, particularly in data mapping and testing, is time-consuming and the most difficult aspect. Review collected by and hosted on G2.com.

I use SAP Risk and Assurance Management to identify, document, and monitor operational risks and internal controls within banking processes. I like that it provides centralized visibility over risk, control, and audit activities. I value the risk and control assessments the most, as they allow me to clearly document risks, link them to controls, and track their effectiveness in one place. Review collected by and hosted on G2.com.

One area that can be improved is usability, as some workflows seem complex and require more clicks than necessary for routine tasks. Review collected by and hosted on G2.com.

It’s easy to use, integrates well with SAP systems, and helps streamline risk and audit processes. It improves visibility and saves time, and overall feels reliable. The AI features are still evolving but look promising. Review collected by and hosted on G2.com.

The UI can feel a bit complex at times, especially for new users, and some processes require multiple steps. Performance can slow down with large data volumes, and customization/reporting flexibility could be better. The AI features are still developing and not fully mature yet. Review collected by and hosted on G2.com.

I like having confidence in the rule set that SAP Risk and Assurance Management provides. The initial setup was easy enough for me. Review collected by and hosted on G2.com.

nothing Review collected by and hosted on G2.com.

I think it's really easy to find everything I need. It's easy to navigate. The initial setup was super easy because the UI is super clean and easy to navigate. Review collected by and hosted on G2.com.

I think I could link another different browsers to it to make it easier. Review collected by and hosted on G2.com.

Seamless integration with core SAP systems, which enables automated compliance checks and real-time insights, and its ability to centralize risk, compliance, and control activities into a single, streamlined platform. This integration and centralization improve efficiency, provide greater visibility into risks, and automate many manual processes, transforming risk management from a reactive task to a proactive strategic advantage. Review collected by and hosted on G2.com.

Complexity, steep learning curve, and difficult setup. The system's outdated and non-intuitive user interface, along with the requirement for significant expertise for configuration and maintenance, are also common criticisms. Review collected by and hosted on G2.com.

GRC assessments

Engaging

Stakeholder management

Risk assessment

Timely reminders

Reporting and drafting reports

Dashboards

Easy assignment of tasks Review collected by and hosted on G2.com.

Better tools available in the market

Higher costs

Sometimes delays in dashboard

Archival issues

Not enough support from service providers

Design could be better Review collected by and hosted on G2.com.

This Cloud solution provides effective compliance easy management functions and the internal control on various financial data reports.

Streamlining financial compliance operations and on easy management of several manual and even Automates processes through SAP Risk and Assurance Management is perfect and the system has impressive real time capability and risk assessment options are perfect. Review collected by and hosted on G2.com.

SAP Risk and Assurance Management is not a complicated platform since its initial implementation and configuration is simple and the learning on how to manipulate the product is also easy. Review collected by and hosted on G2.com.