Governance, Risk Management & Compliance - GRC

Governance, Risk Management and Compliance or GRC is often considered as a single business activity; while in reality it is a complex structure of multiple, related and sometimes overlapping activities. Governance, Risk Management & Compliance is mostly related to financial, legal and IT processes and activities, but Governance, Risk Management & Compliance solutions typically involve the entire organization.

Corporate Governance
Stakeholders demand accountability, transparency, enterprise risk management and high performance. Proper Corporate Governance is a board level responsibility and requires systems to monitor all activities and processes and to take actions when rules or policies are ignored.

Risk Management solutions
Risk management includes all procedures, measures and systems to monitor and control threats to the company’s ability to achieve its goals and objectives.

Compliance software
Legislative or industry mandates as well as internal policies require a process that records and monitors the controls needed to enable compliance with. Compliance is about ensuring that the company is operating in accordance with regulations, laws, standards or contracts.

GRC solutions and software
Governance, Risk Management and Compliance requires a flexible system that covers the two most important GRC success factors: visibility throughout the entire organization and cost efficiency. Badly managed GRC programs will increase the operational cost tremendously and reduce the agility of your organization. The Cordys platform allows you to implement a unified Governance, Risk Management & Compliance strategy that integrates systems, technology, people and processes at all organizational levels.

Cordys Solution for GRC
The Cordys solution for Governance, Risk Management & Compliance improves your business operations and performance, while it proactively mitigates risks at the same time. It creates a single view of all processes and activities within your organization, allowing you to continuously improve compliance processes.

 

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Free Governance, Risk Management & Compliance whitepaper!

This business paper explains how to use the Cordys Platform to mitigate risk, to improve operational performance and to become accountable.