New York, February 10, 2017 — PwC collaborated with SAP to offer the SAP HANA® in-memory computing platform as key technology for PwC’s Enterprise Insights Technology solution. PwC’s new SAP HANA–based solution addresses issues facing today’s compliance professionals by providing purpose-built analytics that help identify critical areas within enterprise data that may add cost or risk to a business.
Many organizations deal with common enterprise system challenges and business risks related to transactions, master data, access security and system configuration. Developing a data-centric view across the four pillars of enterprise system information allows companies to address business risk in a precise and efficient manner. PwC developed the Enterprise Insights Technology application to provide organizations a content- and feature-rich platform for performing proactive compliance and control surveillance activities.
With a reporting portal and the ability to manage follow-up activities via workflow, this content-rich analytics platform provides a single solution to support a data-driven approach to manage business process risks. A user interface allows companies to extract, load and process data and obtain visualized dashboards to see detail, trends and comparisons.
“The Enterprise Insights Technology solution helps companies gain visibility into sensitive and critical areas of their enterprise systems that they may not otherwise have identified,” stated Bob Clark, PwC’s global alliance Principal for SAP® governance, risk and compliance (GRC) solutions. “These insights can help drive meaningful improvements to an organization’s business process risks and compliance initiatives.”
“Enterprise Insights Technology complements SAP governance, risk and compliance solutions, providing deep, dynamic, visual feedback to risk and control owners on potentially unaddressed enterprise risks. This robust, real-time feedback based on SAP HANA allows them to implement interim containment actions, while extending their resident risk and control frameworks based on SAP GRC solutions for long-term, auditable, enterprise-wide remediation,” noted Kevin McCollom, global vice president and general manager, SAP Governance, Risk, Compliance Solutions, SAP.
“The digitization of services is transforming how services are developed, delivered and consumed by customers. SAP is excited to be collaborating with PwC to develop a platform to build the next generation of services for its customers,” stated Eric van Rossum, global vice president and general manager, Professional Services Industry for SAP.
PwC’s Enterprise Insights Technology application will continue to leverage the power of SAP HANA with future applications and solutions to bring analytics expertise to organizations across industries to help them meet their pressing business challenges.
The Enterprise Insights Technology application will be available for demonstration at the SAPinsider GRC Conference March 21-24, 2017 in Las Vegas.
For more information on PwC’s Risk Assurance applications and offerings, visit our site: PwC Enterprise Insights Technology.
PwC understands that significant risk is rarely confined to discrete areas within an organization. Rather, most significant risks have a wide-ranging impact across the organization. As a result, PwC’s Risk Assurance practice has developed a holistic approach to risk that helps to protect business, facilitate strategic decision making and enhance efficiency. This approach is complemented by the extensive risk and controls technical knowledge and sector-specific experience of its Risk Assurance professionals. The end result is a risk solution tailored to the unique needs of the organization.
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