Top 5 Benefits of an Automated GRC Program

GRC helps manage your governance framework, including policies, laws and regulations, and best practices in one system, and maps them to controls. Once defined, you can automate repetitive processes, even across functional groups.

Compressing the time to identify, prioritize, and respond to changes in your risk and compliance posture is imperative. To do so you need to continuously monitor data across your extended enterprise to speed detection of emerging risks. Automating the appropriate remediation and risk treatment actions across business and IT processes breaks down the silos and ensures a rapid response.

When you’re up and running you’ll finally have the control your business demands. Real-time business and IT service performance data, vendor measurements against your requirements, automated controls testing all based on the thresholds you’ve defined that you can now continuously monitor across your extended enterprise

You’ll increase your performance through a single platform of engagement that offers orchestration, easy integration, and data ingest and publication capabilities. Consistent and cross-functional workflow automation simplifies GRC processes and eliminates errors.

Use of risk data and issues management enables effective audit project scoping, planning, and reporting while optimizing internal audit and compliance resources.

Fine-grained business impact analysis, task management, and contextual alignment on a single platform provides cross-functional visibility to identify, prioritize, and appropriately respond to risks.

Formalized vendor risk assessment and tiering process, improved visibility, and transparency save time and reduce vendor risk.