Governance, Risk, and Compliance (GRC)
Risk is unavoidable, but it can be managed. With governance, risk, and compliance (GRC), businesses can strategically balance risk and opportunity. As global markets continue to impose new regulations, GRC help businesses:
Better manage compliance and risk
Better protect value – proactively avoid risk events; reduce cost of violations
Better perform – actively link risk and performance management and objectives
Successful companies manage performance across their enterprise using risk-balanced strategy management, through embedded risk-based controls in their business processes and by managing authorizations and access to information. GRC provides insight into risk and compliance initiatives, minimize global trade violations, enable electronic tax invoicing for Brazil, and supply sustainability reporting. From financials to human resources, environmental concerns to trade management, GRC fosters efficiency.