Study: Crisis fallout highlights need for risk management

04.04.2011

"SAP's solutions have a centralized risk catalog and a standardized template for companies to work with," Wang explained, adding that the risk catalog can be categorized per industry.

He also added that the SAP solutions have connectors for the ERP systems for the application to monitor data coming in from that system.

"SAP's risk management suite can also perform simulations based on incoming risk information, not just in the supply chain," he expounded.