Latest SAP(R) BusinessObjects(TM) GRC Solutions Increase Clarity Across the Enterprise,...

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Tue Jun 30, 2009 8:01am EDT

Latest SAP(R) BusinessObjects(TM) GRC Solutions Increase Clarity Across the
Enterprise, Helping Organizations to Better Predict and Manage Risk

New Versions of SAP(R) BusinessObjects(TM) Risk Management and SAP(R)
BusinessObjects(TM) Process Control Automate and Unify Risk and Compliance
Initiatives

PALO ALTO, Calif. and WALLDORF, Germany, June 30 /PRNewswire-FirstCall/ -- In
a rapidly changing economic environment marked by unpredictable risk,
organizations today are increasingly vulnerable to financial loss and,
tarnished reputations. SAP AG (NYSE: SAP) today introduced new capabilities in
two SAP(R) BusinessObjects(TM) governance, risk, and compliance (GRC)
solutions that promote automated, unified risk management and compliance
strategies. Available today, new versions of the SAP(R) BusinessObjects(TM)
Risk Management and SAP(R) BusinessObjects(TM) Process Control applications
give customers the clarity required to help ensure that the right controls are
in place, helping them to both comply with government regulations and manage
business risks. This holistic view will help customers take a preventative
approach to risk and be better protected against future vulnerabilities caused
by rapidly shifting conditions. The new SAP BusinessObjects GRC solutions are
also embedded with SAP BusinessObjects business intelligence (BI) solutions,
enabling greater transparency across customers' organizations and helping them
to develop smarter, more risk-aware business strategies. 

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Risk managers and auditors face a serious challenge: they lack real-time,
unified visibility across the various business units. Traditionally, they
monitor risks and assess controls via manual processes, such as surveys and
spreadsheets sent on an annual or quarterly basis, to help them comply with
and support specific regulations or corporate initiatives. But risk is not a
static, predictable event. Companies today require an ongoing and automated
way to identify risks and test controls continuously, and to quickly aggregate
that data into a comprehensive, enterprise-wide picture. With the solutions
SAP announced today, customers can enact continuous monitoring of business
risks and internal controls. Customers' ability to make risk management an
ongoing process will help ensure fewer surprises and more sound business
practices. For example, recent product recalls have cost companies both money
and reputation. But SAP BusinessObjects GRC solutions can help companies make
sure the right controls are in place to help them identify and resolve product
quality issues before they put both the public and the company at risk.

For example, recent spinach recalls due to E. coli bacteria could have been
better managed with SAP BusinessObjects GRC solutions. In the food industry,
companies have manufacturing controls in place to help plants comply with
quality checks mandated by the Federal Department of Agriculture (FDA):
failing to comply with these regulations poses a significant risk to public
safety, not to mention fines and damage to brand reputation. Today, most
companies audit their inspection processes manually and on a quarterly basis.
As a result, it can take months to find out if controls are still in place or
effective. With the new SAP solutions, risk indicators and controls are
monitored continuously and automatically. For example, the software can help
ensure that every shipment of spinach that goes out has been adequately
inspected. If an inspection is not completed or if the quality results fall
out of acceptable range, an alert is automatically sent to the operations
manager so immediate corrective action can be taken before the product is
shipped. SAP software helps the company to address the risk before it becomes
a problem, thus protecting customers and ultimately, consumers.

The new versions of SAP BusinessObjects Risk Management and SAP
BusinessObjects Process Control also empower business users to embed risk
management into existing business processes and divisions. Now risk managers
and auditors can easily build controls and key risk indicators that monitor
the business environment, helping to prevent problems and promote the
effectiveness of existing systems. This is a faster and more cost-effective
way to make sure that risk monitoring is automatic and ongoing.

This latest release of SAP BusinessObjects GRC solutions embeds SAP
BusinessObjects BI solutions, enabling simplified reporting, dashboarding and
analytics. For risk and compliance programs to succeed, business users across
the company must have access to risk information. Integrating SAP
BusinessObjects BI solutions provides a powerful way to share this data via
reports and interactive dashboards. Now business users can easily create,
customize and distribute a report from Crystal Reports(R) software or a
dashboard from Xcelsius(R) software to highlight a potential problem.
Leveraging technologies like Xcelsius to build "heat maps" offers companies a
visually powerful way to demonstrate trouble spots, such as supply chain
disruptions and its potential financial impact.

"The latest SAP BusinessObjects GRC solutions further showcase their unique
vision, which ensures that GRC is integrated into the core business processes
and applications - and is not simply an afterthought," Michael Rasmussen,
president, Corporate Integrity. "With a holistic approach to real-time
monitoring of key risk indicators and controls, organization can manage their
business proactively and strategically, rather than reactively. And a more
comprehensive risk management strategy is key to improving corporate
performance. Customers ability to automatically test and monitor these
processes can deliver significant cost and efficiency savings." 

The enhancements to SAP BusinessObjects GRC solutions also help enable
customers to manage multiple compliance programs centrally, helping to save
time and cut costs. Rather than manually tracking numerous initiatives one by
one, customers can manage various risk management and compliance programs at
the same time in one environment. This centralized approach also helps make
sure that controls are being used effectively across the company. For example,
Sarbanes-Oxley and HIPPA regulations may require the same controls; now
customers use the same controls and make sure they are deployed consistently
across various initiatives.

"Today we're taking a significant step forward, giving customers the clarity
required to successfully navigate risk more effectively in the current
financial climate, help position them for future growth," said Narina Sippy,
senior vice president and general manager, GRC Solutions, SAP BusinessObjects
Division. "The enhancements we announced today allow customers to clearly see
where they are must vulnerable to risk and where they need to bolster controls
to mitigate that risk. With the continuous monitoring and transparency SAP
provides, companies can respond quickly to new business threats and help
comply more efficiently with new regulations." 

About SAP
SAP is the world's leading provider of business software(*), offering
applications and services that enable companies of all sizes and in more than
25 industries to become best-run businesses. With more than 82,000 customers
in over 120 countries, the company is listed on several exchanges, including
the Frankfurt stock exchange and NYSE, under the symbol "SAP."

The SAP(R) BusinessObjects(TM) portfolio transforms the way the world works by
connecting people, information and businesses. With open, heterogeneous
solutions in the areas of business intelligence; information management;
governance, risk and compliance; and enterprise performance management, the
SAP BusinessObjects portfolio enables organizations to close the gap between
business strategy and execution.

For more information, visit www.sap.com.

(*) SAP defines business software as comprising enterprise resource planning
and related applications.

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"predict," "should" and "will" and similar expressions as they relate to SAP
are intended to identify such forward-looking statements. SAP undertakes no
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including SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of their dates.

Copyright (C) 2009 SAP AG. All rights reserved. 
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products
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    For customers interested in learning more about SAP products:
    Global Customer Center: +49 180 534-34-24
    United States Only: 1 (800) 872-1SAP (1-800-872-1727)

     For more information, press only:
    Scott Behles, SAP, +1 (917) 494-2009, scott.behles@sap.com, EDT
    Dana Dye, SAP, +1 (415) 928-1310, dana.dye@sap.com, PDT
    Hilmar Schepp, SAP, +49 6227 7-46799, hilmar.schepp@sap.com, CET
    SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT;
    press@sap.com
    Stan Weakley, Burson-Marsteller, +1 (202) 530-4554,
    stanley.weakley@bm.com, EDT





SOURCE  SAP AG

Scott Behles, +1-917-494-2009, scott.behles@sap.com, EDT, or Dana Dye,
+1-415-928-1310, dana.dye@sap.com, PDT, or Hilmar Schepp, +49 6227 7-46799,
hilmar.schepp@sap.com, CET, or SAP Press Office, +49 (6227) 7-46315, CET,
+1-610-661-3200, EDT, press@sap.com, all of SAP; or Stan Weakley of
Burson-Marsteller, +1-202-530-4554, stanley.weakley@bm.com, EDT, for SAP
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