GRC

Enabling Innovation in Banking Through A.I. Powered Governance

When we compare the speed of innovation in banking and new services offered in banking with other industries, the banking industry has traditionally lagged behind. Online banking became mainstream almost a decade after the advent of IT – most other businesses shifted to the internet before the banking industry. The same seems to be […]

By |June 10th, 2020|Compliance Management Software, GRC|Comments Off on Enabling Innovation in Banking Through A.I. Powered Governance|

The Importance of GRC Technology Convenience for Employees

Businesses at the implementation phase of GRC technology should consider multiple factors when choosing the right solution for the organization. This includes cost, functionality, efficiency, ROI, and several other similar factors. One very important factor that often gets overlooked is convenience – how easy is the solution to use? Convenience is often overlooked because most […]

The Future of GRC Solutions

GRC is finally a mature technology now and is being used across many different industries. When we started working on GRC technology around a decade ago the situation was different – most people didn’t know what GRC was and the available GRC tools had very limited functionality. We have seen this sector of the […]

Finding the Right GRC Platform

Choosing the right GRC platform is a major undertaking. These platforms reengineer processes within the organization and change the way the business operates, which is why it is so important to take your time and do your research before committing to a platform. Many of these platforms also carry a significant investment cost with […]

The Basics of Governance, Risk and Compliance

Governance, risk, and compliance influences the formulation of the business strategy and all types of business decisions. The concept of GRC was originally created by consultants several years ago for systems, software and services solutions. Over time, it was extended to consulting services and scientific research on business issues. The goal of the alignment […]

The Importance of a GRC Access Control Implementation

Smart businesses learn from the mistakes of other businesses. Many businesses have had problems with data leaks and non-compliance caused by misuse of documents. Leaking customer or internal data is a major crisis for any organization, which is why it is important to ensure that there is a system in place which can prevent […]