Companies likely face enormous pressure in an increasingly complex environment dominated by market globalization, shorter development cycles and constantly changing legal, political, cultural and technical requirements. This is forcing organizations to reconsider how their data is stored, accessed, secured and managed.
Corporate Governance, Risk and Compliance (GRC) management can help companies manage these pressures. GRC offers driving mechanisms to control the way enterprises operate. Taking an integrated GRC approach enables companies to manage risks and compliance requirements related to environmental practices, processes, business partners and internal policies as well as financial, operational and IT controls.
Many enterprises typically consider a GRC application to satisfy a specific requirement, such as SOX compliance, an industry-specific regulation or risk management for a business process. However, enterprises often have other GRC activities in mind, such as audit management, additional regulations, IT governance, remediation management and policy management, which they may eventually integrate into a more consolidated GRC approach.
Read this eBook to find out which are the key tools for achieving GRC excellence.