Well, there is a saying, “where there is quality, there’s compliance”. Competition breeds regulations,
which is when compliance becomes a burden.
Walk into your office and ask your leadership committee these questions:
“Are we compliant?”
“Are we staying within the guidelines as mentioned by the government?”
Go on… count the number of poker faces you see, that’s how risky your business is!
Just because you are not breaking the law, doesn’t mean you are doing the right thing. You never
It’s about higher standards and this is where Compliance comes to play.
One has way too many complexities to deal with- regulations, investors, Global Volatility, Auditing,
Management. Most of the corporates manage all these with their super cool spreadsheets and that’s
how they end up in hot gravy!!
This is where GRC comes to the rescue. These solutions not only offers features to help companies
and monitor their GRC initiatives, but also action and automate them, thereby reducing the human
Automated compliance process is always considered to be the best investment for any firm. It is
definitely cheaper than hiring new staffs to deal with the process. Particularly in today’s scenario, it
is said to be the best savings for a firm.
Step out of the era where spreadsheets played a dominant role. Why waste so many hours of your
time when a single software can save so many?
Following from a company’s core ethics to government regulations, GRC provides a high degree of
visibility- a perfect tool that help them track, audit, prioritize and act.
Today, with the growth in technology and software solutions, there are tools to implement
corporate governance protocols with far more ease and accuracy than ever before.