SAP GRC stands for "SAP Governance, Risk, and Compliance" and it is a suite of software solutions provided by SAP that helps companies manage their governance, risk, and compliance activities. The software suite includes various modules that help organizations comply with regulations, mitigate risks, and manage access and identity of employees, vendors, and customers.

Some of the key features of SAP GRC include:

Risk management: SAP GRC enables organizations to identify and manage potential risks to their operations, assets, and reputation. It includes features for risk assessment, risk analysis, and risk monitoring.

Compliance management: SAP GRC helps companies comply with regulations and standards by providing tools for policy management, control testing, and compliance reporting.