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22 January 2018 Risk transformation: Enabling successful risk and control transformation with S/4HANA The rapid rate of technological change and innovation has been faster than expected and is redefining the market for everyone. As technology becomes an integral part of an organization’s business model, it must evolve to generate appropriate financial returns. Similarly, organizations today need to evaluate the impact of the changing risk landscape. External and internal risk management needs are becoming increasingly complex and intrusive, while the demand for more comprehensive, consolidated and real-time risk and compliance information continues to increase. Risk management has become a growing operational and financial burden, limiting its ability to keep pace with business growth and transformational initiatives. As organizations embark on the S/4HANA journey, strategic business objectives and project risks need to be addressed throughout the implementation. EY’s project management and compliance teams can perform periodic reviews to asses progress and identify potential risks to the success of the project. Document ID: 2018-5154 |
