Risk Management implementation with SEM

Hello, someone knows enterprises that have imeplemented risk managemente with the SEM solution? Or another solution from SAP? Thanks

No one answered my question.

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Available now: New Business Transformation Study for Aurubis on the 7 month implementation and success with SAP Commodity Risk Management

We just published a Business Transformation Study with Aurubis AG, the world’s leading integrated copper producer, on how SAP Commodity Risk Management solution helps them to hedge commodity price risks with the highest accuracy and integration and to meet stringent compliance regulations like EMIR with lowest risk, effort, and cost.
With SAP Commodity Risk Management, all business processes related to commodity derivatives including the settlement, accounting and payment processes are now integrated and generated within the existing SAP ERP system. Please read the BTS here .

Thanks Samuli.
You're right, it seems BAdI HRESS_NWBC_MENU_EXT will work. I think I didn't make myself very clear as I didn't say that launchpad menu will no longer be used with NWBC since we will use the left side navigation, much user friendly and quicker to access to.
Reading SAP documentation it seems this BAdI (available from EHP7+) will solve my issue.
Thanks for the hint.
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Thanks again.
Best Regards,
AS

Risk Management Plan ERP WW Implementation

Hello All
I´m developing a Risk Management Plan and need to identify risks related to ERP implementation in multiple geographies. The implementations will be based on the same template and the template, a base model, will be managed in a centralized way by the corporation, both from a process and from an IT perspective, e.g., process changes that impact the base model will be approved by a centralized group responsible for the integrity of the base model. These changes, if approved, will be incorporated to the base model under a strict versioning and configuration management policy. The Business and IT organizations will have to manage both the integrity of the base model (and its versions) and the rollout of specific versions to the geographies. Geographies include Latin America, North America, Africa.
I´m willing to identify risks of the strategy to the business itself (the strategy I described above) and it´s impact on the IT organization/processes that will need to support it. This company already runs SAP on it´s biggest business unit, now it will be expanding the solution to smaller BUs in other countries. The base model currently used by the corporation is different than the base model (template) that will be implemented in the smaller BUs, for historical reasons.
A good start could be a Risk Assessment (part of a typical Risk Management Plan) of an ERP implementation project with similar characteristics, e.g.: multiple geographies, different Business Units in these geographies, having to ensure integrity of the base model (template), etc...
Does anyone have anything similar to this that I could use as a start? Thanks.
Message was edited by:
        José Welington Nogueira Filho

Hi Jose,
Its quite interesting that you are working on Risk management . Risk management Plan requires to analyze the organization based on its Operations,Financial activities.
As per my understnading Risk management process is involved or can be segregated based on the following classification .
a) Financial Risk
b) Operational Risk
c) Strategic Risk
d)External Risk
Your Risk management Plan cna start up with the identify, categorize and analyze enterprise risks.
a) Financial Risk:
        - Based on the complexity ,size and nature of organization identify first top
           ten financial risks in the company.
b) Operational Risks:
        - Quality
        - Hiring and retention
        - Supply Chain
        - Succession Planning
c) Strategic Risks:
        - Intellectual Property Infringement / Counterfiet
        - Business Model and portfolio
        - Resource alignment
d) Exteran Risks:
        - Catastophic/Business Interrruption
        - Technological innovation
        - Competetors
While coming to Risk management Life-Cycle:
1. Validation and verification
2. Risk Treatment process
3. Governance & Monitoring
Based on the Low and high point methods you can identify the risks and give ranks based on the risk priority and prepare a graphical presentation .
As per above risks classification i am giving you more classification it will help you to prepare your Risk management plan in detailed ananlysis:
a) Financial Risks:
       - Cash Flow
       - Credit
       - Debit
       - Equity
       - Interest rates
b) Operational Risks;
      - Catastophe /BI
      - Change Mangement
      - Security
c) Strategic risks:
      - Brand repuatation
      - Business Model Portfolio
      -Channel
      - IP Infringment/Counterfiet
      - Quality
      - Resource allocation /Alignment
d) External Risks:
       - Competeiotrs
       - Customers Needs / Product support
       - Legal / anti-trust
       - Regulatory / Taxation
       - Technological Innovations
This information will help you to start your Risk analysis Plan. Please let me know if you need any thing esle on this.
Please award points if this is helpful.
Regards,
Ramesh Choragudi

How SAP Risk Management may be interfaced with SAP Strategy Management?

Hello,
Any document, any customer experience around integration between SAP BusinessObjects Strategy Management and SAP BusinessObjects Risk Management would be very appreciated.
Best regards
Jean-Luc

Hi Renaud,
where you able to create your webservice and use it from GRC RM?
If yes, I would be interested in - 'How do i connect SAP RM 3.0 with that web service'
Regards
Holger

Intercompany with Risk management

Hi SAP Prof,
These is an issue with intercompany with multiple line items and each line item belongs to different company code...
               I have created intercompany sales order with multiple items(Each item belong to different Ccode) and i have assigned the payment guarantee procedure in order at header level and saved the order..
               Now,in my present company scenario i want to assign Finanacial Document in delivery at Header Level in Fianancial Processing Tab Page...
The problem is that How can i Assign a single Financial doc.....?
                If anybody knows the solution for the above querry then please let me Know....

Hi
Asper myt knowledge you can complete these settings:
MM - Purchasing - Foreign trade /customs - Documentary payments - Basic settings
1. Define a FI document type.
2. Define the Bank Functions
3.Define Indicators for FI documetn. here you can maintainthe controls for FI document process in the order.
4. Define bank indicators.
same path in Relations
1. specify the controls of Banks in FI document
2. Specify the FI document control
Same path in Risk management of FI document
1. Define forms for payment guarantee procedure
2. Define and assign payment gurantee schema
3. Activate documentary payments per itemcategory
I hope it willhelpful.
Regards,
SK

Integrating VDT with Managment Cockpit in SEM - CPM

Hi ,
I am working with Managment cockpit in SEM-CPM. I want to integrate my Value Driver Tree ( VDT ) to my Managment cockpit. Can anybody tell me the procedure of the same.
Thanks & Regards,
MANDAR

hi mander,
follow this link.
https://help.sap.com/saphelp_sem320bw/helpdata/en/1b/3131375fc9342ae10000009b38f839/frameset.htm
look out at the cpm-vdt node of this link.hope it will provide you the information you need.

Risk Management with LoC

Hello Experts
Can anyone pls guide me, whats the _best way to configure risk management with Letter of credit?**_
The scenario is: Automatic credit control is configured for a customer.Now, if this customer gives LC,credit Management should be deacivated.
Now, if we give the LC number in sales order header "Financial doct number", the LC amount will not flow to credit management".
The SOLUTION is, to configure risk management with Letter of credit.
whats the best way to do this?
Regards
Sumanth Gururaj

Hi
Asper myt knowledge you can complete these settings:
MM - Purchasing - Foreign trade /customs - Documentary payments - Basic settings
1. Define a FI document type.
2. Define the Bank Functions
3.Define Indicators for FI documetn. here you can maintainthe controls for FI document process in the order.
4. Define bank indicators.
same path in Relations
1. specify the controls of Banks in FI document
2. Specify the FI document control
Same path in Risk management of FI document
1. Define forms for payment guarantee procedure
2. Define and assign payment gurantee schema
3. Activate documentary payments per itemcategory
I hope it willhelpful.
Regards,
SK

SAP GRC 10.0 Risk Management - Forecasting Horizon Scoring Analysis Mode

Hi everyone,
In SAP GRC 10.0 Risk Management Support Package 7, we need to assess a corporate risk by performing an automatic analysis aggregation based on a scoring analysis profile.
The problem is that corporate risks must be created based on a forecasting horizon.
So, can we create forecasting horizons with scoring analysis mode? How? Must be enabled through customizing or applying a SAP note?
Best Regards,
Chema Traveso

Hi,
I think this is still user-specific, as it was in 5.X. I have checked the new GRC authorisation object parameters delivered within the roles and also tried to see if a Admin user was able to see all the variants created by the different users, but so far I have not found a solution.
It may be worthwhile to raise this in "IdeaPlace", hoping it gets enough votes and SAP's attention for implementing in a future Support Pack delivery.

Enterprise Risk Management Approach in SAP GRC

Hi All,
Can you please let me know as to what is the approach followed for implementation of Enterprise Risk Management (ERM) in SAP GRC. Also please tell me how the internal control frameworks like COSO, COBIT is mapped to ERM in SAP GRC.
Regards
Vivek

Dear Vivek,
While assigning roles to users, you will be displayed the risks that are identified with those roles, if any. You can either mitigate or remove the roles.
The process covered by GRC Risk management includes the following steps:
-Risk Planning: Determines the approach to risk management in each business area or project. This includes setting up the risk management organization and defining risk thresholds . This phase is partially supported by a software application.
-Risk Identification and Analysis: Identifies the risks in order to analyze and prioritize them along different attributes, such as probability of occurrence and potential total loss associated to the risk.
-Risk Response: Decides on actions needed to respond to a risk. One action could be to actively mitigate the risk to reduce probability of occurrence and/or potential impact.
-Risk Monitoring: Includes the regular update of risk information and the risk reporting to monitor progress along the risk management process.
The Risk Management application provides a set of different reporting capabilities based on the individual needs of the target groups:
-A set of built-in reports that are delivered with the application. These reports allow risk managers to review the current risk state.
-Visual Composer based dashboards that provide information about the current risk status on an aggregated basis. The dashboards fulfill the risk reporting needs of senior managers and line managers.
Step 1: You maintain the Risk structure
1. You set up the organizational hierarchy
2. You set up the Activity Hierarchy
3. You set up the Risk Hierarchy
Step 2: You perform the Risk Assessment
1. You identify the risks
2. You analyze the risks
3. You respond to risks
4. You document the Incidents
Step 3: You analyze risk reports
1. You generate risk reports
2. You report the incidents
Step 4: You analyze the dashboards
Refer SAP documentation on GRC for more information.
Regards,
Naveen.

Training and Event Management Implementation based on competencies

Dear Friends,
My client is going ahead for Training and Event Managment Implementation. They have a basic requirement to start with and that is :
1) They have done competency mapping for all its employees and they want that the competencies of each employees(along with the skill levels) to be recorded in the system and that has to be the starting point of using Training and Event Management module.
2) They want, if the competencies can flow based on Job/ Position.
3) Some identifier to the competencies, whther it has flowed from Appraisal or any other sources in the Final Training Needs.
Kindly provide me help, as to how I will be able to achieve that and in what Infotypes the data pertaining to Training and Event Managment will be stored.
If u all can kindly share with me the User Manuals and Configuration Docs of Training and Event Management, it will be of great help.
Thank you all.

Hi,
Competencies can be stored as qualifications in PD and then by activation of PD PA intergration can be seen from pa30 infotype 24.
Qualifications can be stored against a Job/Position and are called as the Requirements. They are seen as a separate Tab and to which ever position the person is linked to the corresponding qualifications of the position will appear in the requirements tab.
You can maintain the proficiency and a note along with the qualification when assigned to a person.
Also Appraisals can have qualifications in the template rather than criteria and criteria groups.
Also after training is completed during the follow up we can create an appraisal and transfer the qualifications or simply transfer the qualifications to the employee.
Regards,
Divya

SAP Strategy Management implementation :BOOK

Dear Gurus,
I have searched SAP Press and Amazon but didn't find a suitable book for SAP Strategy management implementation.
Could you please mentioned a cook book or ISBN number or any help is appericiatble.
I am looking for Business as well as technical detail.
Thanks & Regards
Arif.

Qureshi,
As previously mentioned, there isn't any books about Strategy Management implementation. There are three areas that seem to get the most attention, but as SSM is changing in features, functionality and connectivity, it's moving faster than anything that could be published. The best documentation on implementation of SSM is the guides available on the Service Marketplace. These are regularly updated, so you always have access to the latest information.
1) PAS - You build your multi-dimensional models in PAS. PAS has some amazing flexibility, especially how it handles time. Understanding how to use PAS seems to be a big challenge - as you can tell by the many questions on the Forum regarding models. There is no published book on PAS that I know of and even the PAS training in the SAP Education class is aimed as an overview. My suggestion here is at the very least try to take a SAP Education class on SSM that includes PAS training.
2) Connectivity with SAP BW - Because of some fundamental differences between how PAS and BW deal with data, there is a tool - called the BICA - that SSM uses to harmonize BW and SSM data. There is a paper available on the EPM BPX on best practices with BICA.
3) Wrangling KPIs - Strategy Management is about focusing on the essential areas of a business. Since this is YOUR business, your strategic objectives will be necessarily different - how else can you differentiate your products or services if you are doing everything the same as your competitors? This is not a situation of seeming how many more measures you can include, it's is trying to focus on doing those things that really are going to be game-changers for your organization.
This business side aspect of Strategy Management is actually the area that will show the most success - and ROI - in the organization, although the typical focus is on the technical aspects of the application. Strategy Management continues to change the application to help address the different ways that people construct their organizational strategy and how they communicate it as well as monitor it. Do not underestimate the importance of the business side of this application.
All three of these areas really strongly recommend Consulting Services. There are both SAP and 3rd Party consultants available for these areas. Why should you spend the money on a consultant?
A) You will get implemented and running more quickly - less delays, less problems, more success. I have witnessed several projects where the organization wanted to DIY and faltered because there was no expertise on the team. Projects these days HAVE to be successful -right out of the gate - so get experienced help.
B) Knowledge Transfer - There aren't any books and your boss isn't going to pay for a 5 day offsite training course. Bring in a consultant and work with them to learn what they do, how they do it, so you can become self-sufficient. It's much easier to build a consultant into a project budget than training. Although training is essential, I just never understand why executives neglect this important area.
C) Personalized Help - The needs you have for your implementation and successful operation are going to be unique because it's going to revolve around your current technical architectural, your company's practices, as well as the structure of your organization. Having a consultant allows you to better use your time and the project's time by focusing on the needed areas and getting through the typical bumps that always accompany a new program's rollout.
I am NOT a consultant, so I have no alterior motives. I DO want organizations to be successful with SSM implementations and from what I have witnessed the difference between success and merely muddling through is how willing the organization is to bring in either a SAP consultant or work with a knowledgable 3rd party consultant.

Risk Management interactive reports drill up error

Hi,
I have been working with Risk Management 10 in SAP GRC recently. I noticed that when using the Risk Manager Interactive Reports in the Report section (Heat Map and Overview Report), I have received an error when trying to drill back up to the parent organizational unit after I have drilled down to the child sub organization.
Our current workaround is to click on the <All> unit, close the window, and then reopen the window and drill back down to the parent unit. While this workaround has been successful when using the reports so far, it is difficult to communicate this error to other users when they attempt to use the reports.
Are there any fixes to this error, or any plans to fix? Otherwise, is there a feature that needs to be adjusted in Risk Management? Thanks.

Bump

Credit management activation with letter of credit

Hi Sap guru
I have one queries regarding customer credit limit effect with LC document.
If i creating one LC document for customer after assign to sales order for that perticular customer, it should effect the credit limit of that customer.
In which field it should effect the custmer credit master FD32.
in secured liability field , secured receviable field , or the receviable field .
Can any body tell ,me what is the process of LC attachment with sales order if the credit management is active in company code , and what is the effect in customer credit expouser.
Thanks in advance .
Regards
Anjan Kumar Jha

Hi Anjan
It is the aim of every credit policy to reduce the risk represented by customer receivables.
Along with Credit Management, several other Payment Guarantee Forms within the
business processes are explored. These include letters of credit and payment cards.
These payment guarantee forms differ in the level of security they can offer and are all
integrated within Risk Management.
When a payment guarantee is used (for example, a letter of credit), the system first tries to
provide the optimum in risk minimization. If this is not possible, then Credit Management in
a second step is used to create a credit limit and therefore restrict the level of risk.
Letters of credit are used predominantly for large -scale export transactions, whereas cre dit
while Cards are more important for Retail transactions.
You create a Letter of credit by using VX11 after creating that you assign that in billing tab of sales order in risk Management Financial doc number.
keep in mind the incoterms of Letter of Credit and Sales order should be same.
Reward if helpful
Thanks & Regards
Abhishek Swarup

Share stateful session bean in JSF managed beans with different scope

Hi,
I have a JSF application and I want to try to use of stateful session beans.
So I created a new stateful session bean and its local interface.
@Stateful
public class StatefulSessionBean implements StatefulSessionBeanLocalInterface{
private String name;
@Local
public interface StatefulSessionBeanLocalInterface {
...In my JSF application I have a mananed bean with session context which registers the new interface by
this annotation
@EJB(name="sessionbeanref", beanInterface=StatefulSessionBeanLocalInterface.class) and set the name to something.
Now I want to fetch this name in another managed bean with request scope. So I looked up the bean and tried to get the name.
StatefulSessionBeanLocalInterface = (StatefulSessionBeanLocalInterface) new InitialContext().lookup("java:comp/env/sessionbeanref");
System.out.println(currentmailingbean.getName());but the name is null.
Why?

The xsd was created via the netbeans J2EE enterprise application dialog and I think its the most recent.
<?xml version="1.0" encoding="UTF-8"?>
<web-app version="2.5" xmlns="http://java.sun.com/xml/ns/javaee" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://java.sun.com/xml/ns/javaee http://java.sun.com/xml/ns/javaee/web-app_2_5.xsd">All other annotations seem to work.
Wouldnt the lookup completely fail if the deployment process thought that it is version 1.4 ?

Risk Management & Process controls for non SAP client

Hi Forum Gurus,
I need clarity on the following: Can Risk managment 3.0 and Process controls be implemented for a non-SAP client?
i.e. Our client does not run SAP, but they are interested in RM and PC, so is this possible to implement?
Any advice would be highly appreciated.
Kind regards,
PREVO.

Hi Prevo,
Process control and Risk management 3.0 are delivered within same installation package files so it is same for both the applications .
Also real time agents for Oracle or peoplesoft are avaialble if you want to leverage the automated control functionality of PC 3.0 in non SAP environment.
Remember the automated control functionality is the optional feature of PC3.0.If you wish only to use the manual controls features of PC 3.0 you dont need RTAs(real time agent).
You can find further information about manual controls at http://service.sap.com
use the quicklink '/rkt' then the following menu path: SAP Business Objects for GRC Solutions -> SAP BO Process Control 3.0 -> Technology Consultant
Regards
Debraj

Risk Management implementation with SEM

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