Choosing the right Governance, Risk, and Compliance (GRC) tool is crucial for ensuring your business remains compliant with regulations while effectively managing risk. With a wide range of GRC software available, selecting one that aligns with your unique business requirements is essential. Here’s...
About Mitratech Mitratech is a proven global technology partner for corporate legal, risk, compliance and HR professionals seeking to maximize productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility and spurring collaboration across the enterprise. Mitratech...
obtain actionable output to prioritize mitigation efforts, and satisfy PCI compliance. SimpleRisk not only meets these requirements, but is also very easy to implement, use, and manage, plus reports can be easily customized to match the needs of key stakeholders. I've found SimpleRisk to be bo...
Evaluate processes and assets using a BIA (Business Impact Analysis) tool. Establish recovery objectives after shutdowns or incidents by creating a Business Continuity Plan / Disaster Recovery Plan. Risk and opportunity management Manage risks and opportunities using a fully configurable tool for identif...
GRC software also provides a structured approach for compliance with legal and regulatory requirements, such as those specified in theSarbanes-Oxley Act, General Data Protection Regulation, or occupational health and safety regulations. Other features offered in GRC platforms include operational risk manage...
These additional requirements can be automated with simple to complex customizations. Here are some of the examples: Provisioning to Non-SAP systems Using BOTs in GRC User Access Review Using ChatBOTs to automate Access Requests Reason # 3 – Eliminate the need of manual activities Compliance at ...
►Compliance— Ensuring all activities meet legal and regulatory requirements In the past, organizations often approached governance, risk, and compliance as separate activities. Processes or systems frequently were created in response to a specific event – e.g., new regulations, litigation, a data...
tool with a single database. By utilizing AdaptiveGRC, organizations can lower operating costs and gain a better understanding of risks. The software proves particularly useful for filling out the SREP questionnaire, saving users valuable time. Users appreciate its user-friendly design and the ...
How To Prioritize Your Strategic Requirements #EA #Strategy Planning Filip Biskic 5 min read What is Business Process Management Systems (BPMS) #BPM #Business Process Management Essentials Iris Edlinger 6 min read Compliance Management System: A Comprehensive Guide #GRC #Compliance Policies...
ML-Track enables an organization automate its AML compliance requirements. Modules are available for client screening, CTR & STR alert generation and for recording attempted transactions. It also provides integration with the core systems and reporting in the format mandated by FIU. ...