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SAP Announces GRC Products, Partner Council

Posted on Thursday, March 15, 2007 6:00:00 PM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

Abstract:As the market for governance, regulation, and compliance tools heats up, SAP stakes its position on industry-specific applications enabled by its partner network.
Keywords:Governance compliance risk, GRC, SAP, REACH, RoHS, WEEE, Sarbanes Oxley, Sarbox, SOX, electronics customs filing
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Enterprise software stalwart SAP this week made a series of announcements that further the company's efforts to build out its portfolio of governance, risk, and compliance products.

In the wake of GRC2007, an annual conference held this week for users of governance, risk, and compliance (GRC) products, SAP announced an Executive Advisory Council for its GRC group that is aimed at strengthening the company's partnerships for GRC applications and tapping into customer feedback on new products. The company also revealed a new application for chemicals companies tasked with meeting the documentation standards of the European Registration, Evaluation, and Authorization of Chemicals (REACH) mandate, as well as new software that facilitates electronic customs filing and management for companies operating in European countries.

For manufacturers that must comply with the European Union's eCustoms Initiative, SAP throughout the coming year will release its Automated Export System — which it said can be deployed as a stand-alone application or as part of the SAP GRC Global Trade Services product — in country-specific versions. The software will help companies meet the recently updated standards for electronic customs filings.

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