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Using Technology to Ensure an Effective GRC Program
Can You H.E.A.R?
Hold everyone accountable for their part in the process?
Easily access a central repository of critical documents, like contracts, policies, and assessments?
Automatically link critical documents and activities within, or outside, of your organization?
Receive automatic notifications of stalls within your process and/or new laws and regulations?
Regardless of your specific program objectives, the above-referenced represents common challenges of those with compliance and risk responsibilities. Big Data and other issues around information make technology a requirement for organizations, especially those in highly regulated industries. After identifying your organization’s governance, risk, and compliance challenges, you are in a better position to understand your organization’s functionality requirements when it comes to selecting a GRC vendor.
Be sure to join our mailing list to receive invitations to future, free webinars and events such as the one below.
Below are a list of the complimentary programs and assets that are available for download. During the month of February we will focus on the "H" of the "HEAR" campaign which is "Holding everyone accountable for their part in the process". Check back for weekly updates!
Based on this past SCCE Conference, where Kirsten Liston of SAI Global presented on the topic Tone from the Middle, GRC professionals are certain that technology is required to effectively carry out their responsibilities. Many have reported being unclear as to which tools are ideal for their culture and specific goals. During a time when compliance officers have personal risk exposure coupled with the goal to protect their organization from penalties and negative exposure, the automation and consistency offered by software technology is essential.
What’s the SAI Global Compliance/Risk Management Solution?
Whether you are looking to manage policies for a regional hospital or manage an enterprise-wide GRC program for a financial services with global reach, you can create a compliance audit and risk management solution that is scalable to meet your needs. SAI Global Compliance’s solution is built around a comprehensive understanding of the components of an effective GRC program.
Some of our clients begin by licensing one solution (i.e. incident management, policy management, conflict of interest) to solve an immediate problem. Then later decide to include other departments/functions, like internal audit, to leverage solutions relevant to their roles while providing a common platform which gives them the ability to link relevant activities, documents and policies to effectively prove compliance. Other clients purchased suites, or bundles, based on more enterprise-wide goals. For example SAI's Third Party Risk Management solution include tools for the management of contracts, policies & procedures, projects and incidents as well as dashboards, customizable workflows and savvy reporting. Training & awareness videos are leveraged to reinforce your compliance message to your third parties by using everyday examples. Clients typically send policies and training videos to contractors and vendors as a major step in their Third Party Risk Management / Vendor Compliance program.
All modules and suites include the Virtual Evidence Room™ which is an SAI Global Compliance Signature feature within their GRC software that links all policies, activities and documents to to specific laws, regulations and guidelines - now that's how you prove compliance!
To learn about SAI Global Compliance solutions, click the links below:
To view customer testimonials, click HERE.
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