In the last decade, changes in the business environment have required companies to do more with less while managing risk and improving controls. The economic environment and increased legislation over recent years have changed perceptions and the priority of risk management, controls, and compliance. Stakeholders are paying closer attention to the control environment while corporate boards are strategically pursuing risk management progress. This emphasis has put even more pressure on organizations to effectively manage changes in the business environment while leveraging technology to deliver control.
To better understand organizational awareness of risk and internal control considerations during an SAP implementation or upgrade and their subsequent impact on control and compliance efforts, PwC conducted an SAP controls study. This paper highlights several themes and trends that were apparent.