Article
Top 10 SAP audit and security risks
With hackers increasingly targeting ERP system vulnerabilities, companies must know and address potential risks to their SAP systems.
When organizations integrate new enterprise resource planning (ERP) systems, the primary challenge to solve is connecting multiple business units with fundamental automation that maximizes efficiency while replacing manual controls. The end goal is to reduce the need for reconciliations and decrease the possibility of human error. However, without proper security and controls, these new systems can leave an organization vulnerable to financial, operational and strategic risks.
RSM’s ERP professionals have many years of experience identifying and designing ERP controls in a variety of industries with varying degrees of complexity, combined with knowledge around automation software like integrated governance risk and compliance (GRC) technologies, analytics and bots. Staying current with leading-edge software and security developments, our team has developed efficient ways to test and remediate ERP control failures. Our extensive controls knowledge embodies the most popular ERP systems including:
- SAP
- Oracle
- Microsoft Dynamics
- NetSuite
- PeopleSoft
- JDE
- Workday
Following a holistic review of your business controls framework, RSM can work to identify automated control design gaps, assess pre-implementation controls design and post-implementation controls to determine potential automated control failures. If your organization lacks security and controls monitoring tools, our team can also perform annual or periodic ERP security and controls monitoring and testing with our automated tools.;
