Benetton Group: Customer Testimonial Video

Benetton manufactures men's, women's, and children's casual wear, footwear, and accessories and is present in 120 countries. See how Benetton is using SAP solutions for GRC to reduce risks, ensure compliance, and save costs.

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    • Benetton Group is an Italian company. It has more than 5,000 stores around the world. It has a strong Italian style with its brands, Benetton, or United Color of Benetton. It produce about 130 million garments per year. And it sells its products in over 120 countries all over the world. As a result of the Sarbanes-Oxley Act, due to the fact that Benetton is listed in New York, we had some issues regarding the segregation of duties in order to be compliant with Sarbanes-Oxley Act. In order to achieve this important goal, we analyze the possible solution and, in our opinion, the best solution that match our aims and our targets is GRC, governance risk compliance system manufactured by SAP. Basically because we chose to use the GRC, cost implementation was not very high. The system permits to have a lot of simulation on "what type" and "if" and so one, so a lot of "what if" solutions. And so permit to reduce drastically the costs in implementing the system. About the project, we work with some partners for technical processes design, but this is not a big effort for the company. The benefits are not coming up from a cost point of view, but in compliance and security. Because if we have and we achieve some goals regarding fraud or to prevent fraud and mistakes, at the end we can say that we save costs in addition to be compliant with the Sarbanes-Oxley Act. The main important point, the main important goals we reached is the compliance for SOX. And we reached finally the compliance with a period of nine months longer, so this is a very, very important point. And the goal was reached because we reduced the risks by 95% from the beginning to the end and without bigger changes in our organization. And so we reached the result without changing basically the company. In order to match business requirements with regulatory requirements, we analyze the possible solution and we decide that SAP GRC access system could match in a very good way, saving costs and time – that in the end means costs – in order to achieve our goals.
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