Sarvesh Rajendran, Head of Innovation at DataNub Technologies, says that despite being an area not widely explored in SAP GRC, key risk indicators could help organizations identify risk and whether they need remediation at an early stage, and are a helpful function in any business-critical or financial transaction. So what are key risk indicators, and why should organizations apply them to their enterprise risk management?
Watch this brief interview to learn benefits of key risk indicators, including:
- Reducing the level of risk once the risk is analyzed properly and provide a 360-degree view
- Giving a clear definition of a risk before it penetrates deep into an organizations
- Providing understanding into large amounts of data and how they can be collected and analyzed using a holistic view