Author: Web Admin

Time To Move Away From Spreadsheets For Risk Assessment?

[vc_row full_screen_section_height="no" el_class="en-blog-cnt"][vc_column][vc_row_inner full_screen_section_height="no"][vc_column_inner][vc_empty_space][vc_column_text]Risk for an enterprise is anything that could cause damage or loss to the business or make achieving strategic objectives more difficult. What is considered risk varies from one entity to another. Risk can be internal, such as faulty processes, or external, such as a change in the competitive environment.   Enterprise Risk Management (ERM) is a framework for managing risk so that a business can successfully achieve its objectives. Every enterprise should decide what it perceives as a...

Read Post

Choosing a GRC Solution which works for you now & in the Future

[vc_row full_screen_section_height="no" el_class="en-blog-cnt"][vc_column][vc_row_inner full_screen_section_height="no"][vc_column_inner][vc_empty_space][vc_column_text]Organizations across the world, both big and small are increasingly aware of the importance of an enterprise-wide approach to risk, regulatory compliance and internal control management. A modern GRC solution should align an integrated GRC framework to strategic business objectives, make organizations more resilient, enable them to achieve targets, address uncertainties, and respond with integrity without disturbing regular business activities. A lot has been said and written about GRC platforms and the various modules - risk, compliance and...

Read Post

Your comprehensive risk and control framework with EnGRC

[vc_row full_screen_section_height="no" el_class="en-blog-cnt"][vc_column][vc_row_inner full_screen_section_height="no"][vc_column_inner][vc_empty_space][vc_column_text]Establishing a comprehensive risk and control framework. “The Three Lines of Defense model in enterprise , Governance Risk and Compliance (GRC) sometimes referred to as '3LOD', is a framework designed to structure the GRC process. It was developed by the Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA) in 2008-10 and has since been adopted as a best practice framework for GRC. “ Being in Control For decades, organizations across the...

Read Post

Automate and co-ordinate your GRC activities with EnGRC

[vc_row full_screen_section_height="no" el_class="en-blog-cnt"][vc_column][vc_row_inner full_screen_section_height="no"][vc_column_inner][vc_empty_space][vc_column_text]GRC: the business case beyond the buzz It’s been stated often enough, and, is getting increasingly relevant; In today's rapidly evolving business environment, it is essential for organizations to manage risks and ensure compliance with regulatory requirements. Enterprise governance risk and compliance (eGRC) solutions can provide a comprehensive framework for achieving these goals. Let us explore the tip of a looming iceberg, with a business case for GRC, using insights from leading research firms like Forrester and Gartner,...

Read Post

Trends in Governance, Risk, and Compliance (GRC)

[vc_row full_screen_section_height="no" el_class="en-blog-cnt"][vc_column][vc_row_inner full_screen_section_height="no"][vc_column_inner][vc_empty_space][vc_column_text]If 2020 was a lesson on managing a risk environment with no precedence to refer to, the political, social, and several unprecedented events that followed have left business ecosystems grappling with an uncertain terrain that has effectively highlighted the value of risk-led decision -making. Organizations across the world, big and small are discovering the importance of an enterprise-wide approach to risk, regulatory compliance and internal control management for business relevance, continuity, and maximum growth. GRC is fast emerging as...

Read Post

Why A Digital GRC Program and Processes Matter

[vc_row full_screen_section_height="no" el_class="en-blog-cnt"][vc_column][vc_row_inner full_screen_section_height="no"][vc_column_inner][vc_empty_space][vc_column_text]GRC - Ensuring operational resilience. Governance risk and compliance (GRC) is a critical component of enterprise resilience. As organizations face increasing risks from cybersecurity threats, regulatory changes, supply chain disruptions, and other challenges, effective GRC strategies can help mitigate these risks and protect the organization's reputation, assets, and stakeholders. To understand the importance of GRC for enterprise resilience, it's helpful to consider some data and analyst insights. According to a study by PwC, 51% of executives surveyed identified...

Read Post