Category: Not related to any product module

An increasing number of companies are turning to governance, risk, and compliance (GRC) consulting as part of a broader and more proactive risk management strategy. Many have attributed this shift to the COVID-19 pandemic because this event highlighted the need to adopt a more aggressive stance on risk management. The reality is that legal and… Continue reading What is GRC Consulting? 

As more and more companies develop an increasing awareness of the issues surrounding governance, risk, and compliance (GRC), we are seeing an increase in the popularity of tools such as GRC software systems. These comprehensive, feature-rich software platforms can include a multitude of integrations and there are countless configurations to suit virtually any business type… Continue reading Understanding the Role of GRC Consultant During GRC Implementation 

Choosing the right risk-managing software can be the linchpin to safeguarding your organization’s future. Explore the world of Risk Managing Software with us as we delve into the various options and factors to consider in our comprehensive guide. Identifying risk factors and coordinating an effective response can be tremendously challenging. But there is help and… Continue reading Which Type of Risk Managing Software is Right for Your Business?

Enterprise risk management (ERM) software is a distinct niche in the field of risk management software, with some unique features and functionalities that are crucial for the minimization of risk for banks, lenders and other companies operating within the financial sector. The financial sector faces some of the most dramatic risks and vulnerabilities in the… Continue reading What is Enterprise Risk Management Software for Banks

Recent years have seen a dramatic rise in awareness when it comes to the risk management sphere. In response, software developers identified an opportunity to create risk management software platforms that would aid in vulnerability identification, evaluation and response. Much of this software has been specialized to target one specific type of risk: relationships with… Continue reading What’s the Difference: Vendor Risk vs. Third Party Risk vs Supplier Risk Management Software

IT compliance software — also called IT regulatory compliance software — has gained a great deal of popularity in recent years as companies become increasingly aware of their technology-specific regulatory requirements. In fact, many now regard IT compliance as a critical component of a company’s risk management strategy. The tools in an IT compliance software… Continue reading IT Compliance Software: Understanding Its Purpose and Benefits

Regulatory compliance management is a key component of a company’s overall risk mitigation strategy. But managing an organization’s many compliance burdens can get complicated and overwhelming in very short order. This is especially true for those in the healthcare space, the financial sector and other heavily-regulated industries. Enter: regulatory compliance management software. Virtually every company… Continue reading What Types of Business Need Regulatory Compliance Management Software?

Compliance software platforms are playing an increasingly important role in companies’ risk management strategies. Recent years have seen a surge in the number of businesses that are seeking compliance management software solutions. This is, in large part, due to the ever-increasing number of regulations that are impacting companies in a variety of business sectors. Recent… Continue reading What Should I Look for in Compliance Software Vendors?

A well-architected risk management and mitigation strategy will usually fall woefully short of expectations if you lack the right tools. Enter: the risk management software solution.These software platforms are equipped with a variety of features and functionalities to help companies identify, evaluate, monitor, and take action when risks and vulnerabilities are identified. Many risk management… Continue reading How to Choose the Best Risk Management Software Vendors for Your Business

An increasing number of companies — from small startups to major corporations — are taking proactive measures to identify and mitigate risk in all areas of their business. These efforts are not in vain as a single incident can ultimately result in a business being forced to close its doors. This is especially true in… Continue reading How IT Risk Management Software Can Help You Maintain Compliance Through New Changes in Technology