Difference Between Policy and Procedure Management?

Policies and procedures are the underpinning elements by which an organization establishes its rules of conduct. Both serve to drive compliance, but do so through starkly different methods. One puts to paper the guidelines and rules that every organization expects its employees, and every other person connected to the company, to follow. The other, procedure, presents a step-by-step process for any company specific tasks and activities, thus establishing standards.
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Remote audit

Best Practices for Remote Audits

A remote audit or virtual audit came as a boon to audit teams during the unprecedented covid 19 crisis. It is a method of conducting an audit remotely using technology. Just like an onsite audit, it covers interview with management and employees, verification of documents and reports.
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Choose GRC Platform

10 Questions to Ask When Choosing a GRC Platform

Governance, Risk and Compliance (GRC) management is an integral part of an organization's management strategy. Once the management identifies the benefit of adopting a GRC platform, the next question that comes up is that how to choose the best GRC platform suitable to your organization? Not all platforms are the same. The key is to set the right expectations and perform the due diligence before you choose your vendor.
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