Risk Management-  This solution enables pharma companies to identify, assess, and mitigate risks across various processes, including supply chain, manufacturing, and distribution.

Compliance- It has the capability to automate, monitor, and provide compliance processes, key controls, and audit.

Process Optimization- GRC helps in automation and gives a 360-degree view and visibility into processes. That leads to high efficiency and lower cost.

Fraud Detection and Prevention- It helps to detect and prevent fraudulent activities within the organization, protecting assets and reputation.

Data Integrity and Security- This solution ensures the integrity of data and protects sensitive information, especially important in the pharmaceutical industry.

Audit Readiness- It provides a centralized platform for managing compliance and risk information for auditing purposes.

Emergency Access Management- This solution provides controlled access to critical systems during emergencies, ensuring security and compliance.

Global Standards- SAP GRC helps pharmaceutical companies comply with international regulations and standards, regardless of their global operations.

Enhanced Trust and Reputation- With GRC solutions offerings, pharma companies can build trust with different stakeholders (investors, regulators, etc.).

In a nutshell, SAP GRC helps pharma companies to manage compliance, mitigate risks, and operate efficiently in today’s highly regulated industry ecosystem.