The digital enterprise of the future will focus on integrated risk management processes and solutions that are critical to managing their security, privacy and cyber risks as part of their governance, risk and compliance (GRC) strategy.
Align GRC with business objectives
According to Gartner, only 25% of businesses view risk management as a strategic tool. However, business leaders recognise the increasing value of a holistic and efficient risk reporting and management tool, and the critical role of cybersecurity to the success and longevity of their organisations.
Investing in an integrated risk management framework ensures that all resources referring to all types of risk and compliance relevant to the business are aligned to the organisation’s core objectives. More importantly, an integrated system can unify, analyse, and translate data into business terms the management and stakeholders can easily understand.
Enterprise Risk Management (ERM), part of the XGRC Software product range, enables the methods and processes to achieve your strategic objectives.
Deliver process automation and visibility
Integrated risk management systems are the answer to gaining visibility and smart insights into GRC processes by unifying all relevant data into one central location. Because all data is contained in one platform, automating data-driven processes becomes easier.
Leveraging the latest automation technologies, such as artificial intelligence, delivers insights based on real-time and accurate data, enabling management to act immediately on the best course of action and preventative measurements. As a result, GRC processes become more simplified, effective and automated.
Focus on specific business risks
An integrated risk management system delivers comprehensive risk profiling and assessment based on all the available risk-related data. Every organisation is different, and your specific risk factors determine the unique risk profile of your business.
A smart risk management system allows management to understand and drill down to those risks that help shape the company’s GRC strategy. Your GRC planning needs to include dedicated risk management activities to mitigate business risks and challenges efficiently.
The XGRC Software range of integrated system solutions is designed to meet all the requirements of your organisation’s Governance, Risk Management and Compliance (GRC) strategy, from planning to monitoring and reporting.
Enterprise Risk Management (ERM), part of the XGRC Software product range, enables the methods and processes used to manage enterprise risks and seize opportunities to achieve your strategic objectives.
Contact XGRC Software – a STRATEGIX Group Company at 087 802 0179, email us at email@example.com or visit www.xgrcsoftware.com for more information.