Governance, Risk & Compliance

In concrete terms, governance, risk and compliance means you need to collect, evaluate and retain information on external guidelines, internal audit measures, risks and opportunities throughout your organization and present it in a format suited to the respective target group. In view of the rising complexity of business fields and the growing number of multinational business relationships and regulatory requirements, professional IT solutions for governance, risk and compliance processes in the company (GRC processes) are becoming increasingly important.

Excel-based management is no longer an option. Spreadsheets are inefficient and represent a risk in themselves as they are a significant source of error. On top of that, regulators will not tolerate them much longer since they do not offer an adequate level of audit-compliance. You can overcome this challenge by building an efficient and effective GRC landscape.