SAP AG (NYSE:SAP) has unveiled new versions of products across its portfolio of governance, risk and compliance (GRC) solutions. The new features will help customers accelerate resolution of security authorization issues without manual intervention, integrate risk and strategy management capabilities, assist in the central monitoring of business controls across multiple regions and IT landscapes, and help customers automate support for new trade and safety regulations.

SAP is releasing new versions of its GRC Access Control, GRC Process Control and GRC Global Trade Services applications. In addition, its GRC Risk Management application is now integrated within the Strategy Management application, an enterprise performance management solution.

"The rich, robust product capabilities we're delivering today further strengthen our ability to help our customers -- whether in the boardroom or at the line-of-business level -- to take a holistic view of their enterprise risks and controls in order to establish transparency and accountability, drive corporate strategy and performance, and boost shareholder value," Narina Sippy, senior vice president and general manager of governance, risk and compliance at SAP, said in a statement.