More transparency on operational risks
Risks become visible directly in the context of the affected processes.
Internal Controls / Risk Management
From control catalog to manageable risk management system
The paradox of modern control systemsControl systems grow every year, but companies don't get any safer
Organizations invest heavily in risk management, internal control systems, compliance structures and internal audits. Yet many organizations observe:
More and more controls
Rising compliance costs
Increasing complexity
New risks and audit findings keep appearing
Why? Because risks, processes and controls are not understood as one interconnected system.
Instead, they exist in separate worlds: information is documented, but not linked.
Why traditional ICS and GRC systems reach their limitsMore controls do not automatically mean more security
Companies work with GRC tools, risk and control catalogs and audit management systems.
These systems fulfill important documentation and reporting functions.
The structural problem: they do not automatically answer key questions:
Which processes are actually affected by a risk?
Which risks arise from organizational changes?
Which controls are redundant or inefficient?
Which controls actually address this risk?
Risk, process and organization remain separate worlds of information.
A concrete example from practiceA simulated, transparent and predictable decision.
CEOCEO
“To cut costs, we need to replace our current ERP system SAP ECC partly with the cheaper cloud system Microsoft Dynamics 365 and partly with our existing SAP S/4HANA.”
With Xpect:
Xpect
SAP ECC is used in the following processes: Procure-to-Pay, Order-to-Cash, fixed asset accounting and by: 18 employees in purchasing, 12 employees in sales and 6 employees in financial accounting.
Simulated impact of the decision
If SAP ECC is replaced by Microsoft Dynamics 365 in the Procure-to-Pay process and Order-to-Cash process, and by SAP S/4HANA in fixed asset accounting, this affects:
- Control logic: in the Procure-to-Pay process, the manual four-eyes check can be dropped because Microsoft Dynamics has built-in approval logic.
Savings: avg. 4–6 minutes per order & fewer manual error sources - New risks: in fixed asset accounting, the existing S/4HANA system lacks an automatic plausibility check for depreciation rules.
New manual control activity required - Skills and training needs: Purchasing and sales need training in Microsoft Dynamics; 5 employees in financial accounting need targeted refresher training in S/4HANA
- Knock-on effects: …
Xpect creates a connected model of the organizationFrom control catalog to manageable risk management system
As a result, risk management is no longer based on isolated documents but on a consistent system.
This digital model enables…Xpect connects risks, controls and processes in a shared organizational model.
A more efficient control landscape
Redundant or outdated controls can be identified and reduced.
Early assessment of changes
Organizational, process or system changes can be checked for their risk impact.
Better basis for decisions
Risk management becomes part of operational management, not just reporting.
Xpect turns risk management from a documentation obligation into a strategic management tool.
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