Governance, Risk and Compliance

Seamless Compliance, Unified Risk and Strategic Governance

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In the ever-evolving landscape of modern business, the need for robust Governance, Risk, and Compliance (GRC) solutions has never been more critical. Organizations face complex challenges, from regulatory changes and data security threats to operational risks that can disrupt success. Gieom`s GRC solution is designed to empower your business with the tools it needs to navigate this landscape confidently. By seamlessly integrating governance, risk management, and compliance into a single, cohesive platform, our solution simplifies complexity and fosters a secure, efficient, and compliant future.

The success of any Governance, Risk and Compliance solution is based on the adoption of the methods and tools used to implement the program by the employees of the organization. Risk Central was built ground up to address the needs of the 1st, 2nd and 3rd line of defence in your organization.

The application has been designed to be simple to use for the 1st LOD while processes can be easily tailored without coding enabling 2nd and 3rd LOD to implement, manage and monitor the program.

ADAPTABLE

Screens & data fields, workflow stages, review & approval cycles and reporting can be built to suit the unique Governance, Risk and Compliance Management practices of each organisation without coding effort. The Governance & risk team or the compliance teams can be enabled to define this with minimal training.

Outcomes

  • Ensures the quick Implementation of the system and processes

  • Customizations can be done using Configurations without Coding

  • Business Users can maintain and manage the application

  • Real time changes enhance end user and business as usual usage

Usable

Standardised business user screen designs ensures that all the staff in the organisation have very few clicks and navigations to learn. The clean clutter free user interface makes complex applications like risk management more welcoming. These user considerations allows fast adoption and fosters sustainable usage from everyone.

Outcomes

  • Governance, Risk and Compliance management activities can be implemented organization wide.
  • Enables employees to be more forthcoming to report Risks & Compliance issues.
  • Better data is available for accurate analysis and mitigations.
  • Enhances the GRC Culture across the organization.

Governance, Risk and Compliance

 

  • Enhances transparency, accountability, and decision-making by centralizing governance processes.

  • Identifies and assesses risks across the organization, enabling proactive risk mitigation.

  • Automates compliance monitoring, reducing manual efforts and minimizing the risk of non-compliance.
  • Simplified audit execution and reporting and supports timely responses to audit findings and corrective actions.

Unique capability to Manage Governance, Risk and Compliance at Strategic or Process Level

TOP DOWN Approach

Risk Central provides the framework for Top-Down approach for Enterprise , and Business level. The application supports the method of managing GRC initiatives and processes that starts at the highest level of an organization’s hierarchy and cascades down to the operational levels. A top-down approach in GRC is essential for creating a culture of compliance, risk management, and governance throughout the organization.

BOTTOM UP Approach A “bottom-up approach” in the context of GRC (Governance, Risk, and Compliance) is a method of managing GRC initiatives and processes that starts at the operational or grassroots level within an organization and progresses upward. In this approach, individuals or teams at lower levels of the organization identify and manage risks, adhere to compliance requirements, and make governance decisions. A bottom-up approach in GRC can be particularly effective in large organizations with decentralized operations or those in which employees have specialized knowledge about specific risks or compliance needs.

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Governance, Risk, and Compliance

In the ever-evolving landscape of modern business, the need for robust Governance, Risk, and Compliance (GRC) solutions has never been more critical. Organizations face complex …

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