Protect your business with risk & compliance management
Efficient risk & compliance management—also often referred to as governance, risk & compliance management (GRC)—helps you ensure compliance with internal and external guidelines, regulations, and laws, while minimizing operational risks. It matters now more than ever.
Distance yourself from the potentially devastating risks of noncompliance. Risk and compliance management using ARIS takes a process-focused approach to implementing and efficiently operating an enterprise-wide compliance and risk management system.
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Risk and compliance management is more important now than ever before. The number of regulations- such as the General Data Protection Regulation (GDPR) – is on the rise, and the global pandemic has created new compliance and risk challenges. As more people work from home, the pressure to digitize and establish new processes in real time means businesses are transforming at record-setting speed.
The “governance” part of GRC helps you to align risk & compliance management with your business strategy and define guidelines to ensure that you can reach your business goals.
The “risk management” part of GRC helps you be smart and savvy about the risks you face. Knowing is the first step. You can understand and map these risks to business processes and evaluate their potential impact. Then you can assess them regularly and quickly identify high-areas and implement appropriate measures to avoid them. However, when they are unavoidable, make sure you are ready to respond quickly in the case of incident or loss.
The “compliance” part of GRC is a growing concern for every company as regulations proliferate. To maintain your license to operate, you need to establish an effective internal control system. Map regulations to the relevant business processes, define controls and test them regularly for effectives. This makes it easy for you to prove compliance to internal and external auditors.
Distance yourself from the potentially devastating risks of noncompliance. Using ARIS for risk and compliance management means you have a process-focused approach to an enterprise-wide compliance and risk management system.
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