WALLDORF, Germany, July 7, 2014 /PRNewswire/ -- To bridge the gap between historically slow technology adoption and the need for innovation within the internal audit function, SAP AG SAP +0.97% today announced the general availability of the SAP® Audit Management application powered by SAP HANA®, an new solution dedicated to meeting the needs of internal audit teams. SAP Audit Management streamlines the auditing process by providing a cost-effective alternative to spreadsheets and manual tools while integrating into the powerful SAP Fraud Management analytic application and the SAP Risk Management application, creating a synergistic relationship to fulfill overall management needs.