A broader, more structured approach is needed to effectively manage governance, risk management, and compliance (GRC). Enterprises will then be better able to guide their people, standardize their processes, and unify technology to embed GRC at all organizational levels.
grc content financial processes
in centralizing and managing GRC content from multiple sources, and in its ability to model business processes and document associated objectives, risks, and control activities. Also important is the library of configurable business rules, business process controls, and IT controls to ensure proper segregation-of-duties (SOD), business process controls, and environmental and global trade compliance. By harnessing a well-populated GRC repository, companies should benefit from enterprise-wide visibility