Governance, Risk and Compliance

BUSINESS NEEDS

Compliance Management | Risk Management | Policy Management | Audit Management

Compliance Management

Keep your company compliant

Compliance management is the most common reason companies use our GRC solution. Every company needs to ensure business processes are within the boundaries set by laws, regulations and policies. With our solution, you can identify the necessary internal measures (controls) to ensure compliance, establish a regular schedule to assess effectiveness and report to the respective authorities about status and findings.

Compliance managers can create synergies by overlapping regulatory requirements by creating one company-specific requirements catalog, avoiding overlaps and double work.

Companies use our solution to effectively comply with SOX, for example. One manufacturer replaced its large, centralized project teams by small, local coordination teams to achieve this.

Using our solution, you can:

• Analyze the impact of new laws and regulations on business processes and Key Performance Indicators (KPIs)
• Increase transparency with automated alerts of ineffective controls
• Create reports quickly—in-control statements are part of the package so you know your company’s real-time compliance status
• Contain audit costs
• Gain insight into ownership of risk and controls

Adapt faster to new requirements by merging overlapping laws and regulations into a common set of business requirements, business processes, compliance requirements and reports.