Manage and track multiple compliance, risk, and governance operations
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Effortlessly centralize document and file management securely
Organize and streamline activities with automated scheduling calendar
Empower compliance with timely notifications, alerts, & deadline tracking
Ensure timely response, accountability, and risk mitigation through escalations
Gain compliance control, mitigate risks, & save time with framework library
Streamline assessments. enhance collaboration, ensure compliance.
Strengthen accountability, compliance, and transparency with audit logs
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Integrate VComply with your everyday tools, and manage compliance and risk better
Manage multiple frameworks, implement controls, and protect your brand
Goin 360-degree visibility with intuitive compliance dashboard
Stay informed and proactive w ith notifications & alerts
Simplify file and document management with ease
Automate compliance workflows for seamless efficiency
Streamline compliance with customizable framework library
Enable collaboration across locations, departments, and teams
Centralize compliance work for streamlined efficiency
Goin actionable insights with robust reporting feature
Automate risk processes, assess risks, align risk and compliance
Identify and track risks using the centralized risk register
Enable collaboration across stakeholders for better resolution
Streamline risk assessment with process automation
Enhance risk visibility with intuitive and centralized dashboard
Establish connection across teams, departments, and locations
Elevate risk awareness through proactive notifications
Manage files & evidence centrally for efficient control
Enhance decision-making with actionable risk insights
Develop, review, approve, distribute, and track every policy with confidence
Efficient policy distribution through central repository
Streamline policy drafting and lifecycle management for simplicity
Simplify compliance with comprehensive policy templates
Simplify policy management with efficient version control
Accelerate policy approvals with automated processes
Collaborate seamlessly with cross-functional teams
Effortlessly measure policy training effectiveness with assessments
Manage policy life cycle with automated reminders and notifications
Streamline audit planning, fieldwork, and reporting using a unified platform
Maintain transparency and accountability with audit trails
Organize and streamline audit with automated scheduling and calendar
Centralize audit files for streamlined evidence collection and management
Stay informed with proactive audit activity notifications & alerts
Streamline audit assessments for comprehensive compliance
Bring audit plans, activities into the single space for complete control
Simplify audits with automated workflow efficiency
Gain 360-degree visibility with intuitive Audit dashboards
Empowering success through streamlined compliance, risk, and governance solutions
Empower your business with simplified regulatory compliance solutions
Empower your enterprise by elevating risk management practices
Transform GRC operations for optimized efficiency and effectiveness
Mitigate risks with seamless third-party risk management
Check out how VComply helps utilities comply with NERC’s reliability standards.
Empower your business with pre-built customizable regulatory and control frameworks
Achieve quality success through ISO 9001 Framework
Deliver compliance excellence with the power of SOX framework
Simplify your security approach with ISO 27001 framework
Navigate cybersecurity excellence with NIST framework compliance
Promote data security through compliance with PCI DSS framework
Unlock trust and security with SOC 2 framework for compliance
See the extensive compliance framework library of over 20+ supported framework
Achieve compliance for your electric utilities with these NERC-approved reliability standards
Empower your industry with unmatched effectiveness and efficiency
Help Financial Services power GRC processes
A smart GRC software that upgrades manufacturing compliance
Modernize banking compliance with VComply
Remove compliance risk from your non-profits
Effectively manage your higher education compliance and risk
Redefine healthcare compliance and risk with VComply
Build, boost your compliance in construction
Strengthen resilience for energy and utility companies
Turn risk into opportunities with F&B compliance software
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Stay informed on compliance, risk, audit, and policy management trends
Streamline work with comprehensive guides for seamless management
Navigate complex GRC challenges with valuable e-books
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Utilize our go-to templates and checklists to help you stay compliant
Keep in sync with the latest changes by updated framework templates
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Governance, Risk, and Compliance (GRC) are three critical components businesses of all sizes must manage to comply with industry standards and regulations. GRC involves creating, implementing, and monitoring policies, procedures, and controls to mitigate risks and maintain transparency around compliance policies. Large businesses usually have dedicated teams and advanced technologies to manage their GRC processes….
Governance, Risk, and Compliance (GRC) are three critical components businesses of all sizes must manage to comply with industry standards and regulations. GRC involves creating, implementing, and monitoring policies, procedures, and controls to mitigate risks and maintain transparency around compliance policies.
Large businesses usually have dedicated teams and advanced technologies to manage their GRC processes. However, small and medium-sized businesses often struggle to manage GRC effectively due to their limited resources. They may hire experts to manage GRC processes manually, but this may not be efficient, and there is a high risk of non-compliance. Investing in GRC software can help small and medium businesses streamline their processes, saving them time and money and avoiding non-compliance risks.
GRC software is designed to help organizations manage and comply with laws and regulations by automating various GRC processes. It automates compliance obligations and tasks using workflows. It enables you to create controls and map them to regulatory and internal compliance requirements and helps you to mitigate risks. The solution, usually cloud-based, introduces automation for many processes, increasing efficiency and reducing complexity.
The software collects, centralizes, and manages compliance data from multiple sources, including internal systems, external sources, and third-party vendors. It ensures that the data is up-to-date and accurate, helping businesses stay compliant with laws and avoid expensive penalties. GRC software also helps identify trends, anomalies, and potential compliance issues with its real-time monitoring and reporting modules, allowing organizations to mitigate them in time.
Robust GRC software aligns interconnected teams and information, even remotely, streamlines work, and leverages automation and systems to empower top-level management. With the help of pre-built workflows that tie together relevant tasks and alerts, GRC software enables front lines and top management to save time and effort from day one. It supports the challenges faced by top-level management, including corporate crisis management, risk management, HR, regulatory compliance, and audit planning challenges.
It centralizes compliance data from multiple sources and automates data aggregation and centralization, eliminating manual intervention. This ensures that data is up-to-date and accurate, helping organizations comply with laws and regulations. GRC software helps identify trends, anomalies, and potential compliance issues with real-time monitoring and reporting modules, allowing organizations to mitigate them in time.
GRC software’s automation capabilities help organizations manage evidence – automatically collecting, storing, and managing compliance-related evidence in a central repository. It gathers training records and incident reports, allowing organizations to smoothly comply with laws and regulations in real time during an audit or inspection. Organizations can also automate compliance-related processes like incident reporting and policy management, reducing delays and bringing compliance issues to immediate attention.
GRC software helps organizations demonstrate compliance, helping them build more credibility with compliance regulators. With real-time reporting and monitoring capabilities, organizations can identify and report on compliance issues immediately. Simply having all the compliance data required in a centralized repository and being audit-ready at all times helps build trust with regulators.
GRC software can help organizations create more accessible regulations by automating the creation, storage, and updating of policies and procedures. This makes it easier for employees to find and understand the information they need to comply with regulations. GRC software makes policies accessible to employees on a central repository, allowing them to access information and documents securely through an intranet platform.
GRC software lets organizations identify, evaluate, and mitigate risks, automating risk assessments to identify vulnerabilities or potential threats. It further uses data analytics to understand the impact of those risks, allowing organizations to act immediately.
In recent years, the pressure on GRC professionals to quickly communicate the scale and impact of risk events has increased significantly. Supply chain disruptions, pandemics, extreme weather conditions, war, and new regulations demand swift and accurate communication. Furthermore, risks have become more interconnected, with events affecting reputational, operational, social, third-party, and cybersecurity areas.
Disparate GRC systems and data cannot provide a complete picture of risks, and periodic assessments and audits are inadequate in an ever-changing world. Therefore, it is necessary to reconsider traditional GRC programs and technologies and opt for an integrated, best-practice GRC solution that offers a holistic view of risks and compliance across the enterprise. This approach can help organizations prepare for risk events, recover from disruptions, and automate and streamline compliance assessments, internal audits, and continuous risk monitoring.
When it comes to GRC software, there isn’t a one-size-fits-all solution that will work for every business. The software you choose should align with your organization’s goals. For example, if you’re a new business just starting your GRC journey, you may want to consider basic compliance and risk assessment software. However, it’s important to consider your future needs as your organization grows and scales. As your risk data, regulatory obligations, third-party relationships, and audit requirements become more complex, investing in a scalable solution that can adapt and grow with your business is a better long-term choice. On the other hand, if your organization already has an established GRC program, an integrated GRC platform that centralizes data, provides a common language, and enables advanced reporting and analytics can help you accelerate your GRC journey.
The VComply GRC platform offers a comprehensive view of risk management, internal audit, compliance, and internal controls across the entire organization. It provides a centralized framework that maps risks to various data elements, such as compliance requirements and internal controls allowing users to view risks holistically and contextually.
VComply also standardizes risk, compliance and controls taxonomies, making communication and reporting on risks more consistent across teams. This eliminates duplication of effort and information, allowing for optimal efficiency. The product simplifies control testing, oversight, evidence management with systematic workflows, rationalizing controls, and reducing compliance efforts and costs. Real-time reporting enables teams to deliver swift assurance around various compliance frameworks, strengthening stakeholder confidence.
It lets organizations conduct compliance risk assessment periodically or more frequently in case of significant changes to the risk profile or changes in compliance laws and regulations. The platform also simplifies regulatory change tracking by allowing the company to map regulatory obligations to policies, risks, and controls.
VComply offers a centralized repository for policy management, allowing the company to easily store and access the latest policies. This has helped streamline and simplify the creation and communication of organizational policies. Additionally, mapping policies to regulations, risks, and controls have significantly strengthened compliance while highlighting potential risks.
VComply Internal Audit Management helps the company improve its audit productivity while quickly identifying and responding to risks. The product supports a risk-based approach to auditing, enabling teams to prioritize and direct audit resources to the highest risk areas. By integrating auditing with compliance, teams across both functions can effectively coordinate control testing activities to minimize redundancies. The platform also strengthens visibility into audit findings, helping the audit team deliver valued, trusted advice to the board and leadership.
VComply’s powerful analytics, reports, and dashboards give the organizations in-depth visibility into risks, internal audit results, compliance findings, and internal controls. Decision-makers can leverage rich visualizations of the data to understand the top risks, issues, and opportunities, across risk, internal audit, compliance, and more. The result is a strategic view of the company’s overall governance, risk, and compliance (GRC) posture, enabling leadership teams to make better-informed decisions.
VComply is a cost-effective GRC system that allows you to establish internal controls to alleviate your operational and compliance risks. It also helps you streamline your compliance and governance processes. Request a demo today to learn more about how VComply can help your business.
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