The ever-changing and constantly fluctuating business landscape has required every organization to become better equipped and better prepared, by creating the right GRC strategy that can help develop resilience towards emerging risks and threats. Although incorporating GRC solutions into business operations has become commonplace, more often than not, executive management teams and risk officers still struggle when it comes to choosing the best GRC solution for their organization. To facilitate the most efficient and effective functioning GRC strategy, organizations need to take into account a few essential parameters when choosing a GRC platform.

First, risk management officers need to determine the scope of GRC functions within the organization, and to what extent GRC will be aligned with broader business objectives. Since every organization has specific requirements and needs, the GRC solution has to focus on managing industry-specific requirements such as legislations and compliance mandates, in addition to the organization’s broader business objectives. The right Governance, Risk, & Compliance framework should also be able to address the more technical and cultural aspects of the organization, in order to be more sustainable over the long-term. A GRC solution should be user-friendly, and encourage collaboration and particiaption from across the organization. It should be seamless and intuitive, leveraging the latest innovative technological resources to aid detecting risks, tracking the progress of risk and compliance initiatives, forecasting trends, and increasing visibility through dashboards and reports. GRC solutions should have robust and comprehensive capabilities that support the creation of a foundational GRC data architecture, thereby supporting the organization’s resistance towards potential risks while facilitating overall risk and compliance management.

Join Michael Rasmussen, Chief GRC Pundit at GRC 20/20 Research and Vinay Bapna, Associate Vice President - Marketing at MetricStream as they discuss today’s GRC solutions, and the criteria for choosing the best GRC platform for your organization. The webinar will also shed light on:

  • Determining the scope of GRC within your organization
  • Important factors when choosing an agile and efficient GRC framework
  • Elements of a mature GRC framework
  • Leveraging technology to improve GRC processes

Attend this Webinar
This webinar is scheduled to take place on June 26, 2014, at 2:00 PM Eastern Time. To register for this webinar, and to learn more about the webinar and the speakers, please click here.

About MetricStream

MetricStream, the independent market leader in enterprise and cloud applications for Governance, Risk, Compliance (GRC) and Quality Management, makes GRC simple. MetricStream apps improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for hundreds of thousands of users in dozens of industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales and operations support in 12 other cities globally. (www.metricstream.com).

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