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Client processes and risk control contextualization can be greatly improved through investigation process design, process execution, and file management issues. Learn how BPS Server uses process templating concepts, separates fact management activities, and uses COSO centric mechanisms to accomplish this. This the second part to Risk, Risk Mitigation, and Functional Requirements in Dynamic Compliance Environments. This is part two of a two part white paper. Part One Risk Mitigation and Functional Requirements in Dynamic Compliance Environments.
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The ability of BASF AG—a leader in the chemicals industry—to proactively manage unexpected situations is key to its competitiveness. With its complex supply network dealing with unanticipated events is all the more critical. To address this issue, BASF implemented the SAP Event Management application to monitor ocean-freight logistics, from receipt of initial orders to final delivery of products.
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