Manage and track multiple compliance, risk, and governance operations
Gain control and efficiency with our comprehensive dashboard
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
Stay connected and grow alongside VComply
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
Discover user stories for valuable insights into user-experiences
Access comprehensive definitions and explanations for essential GRC terms
Gain a comprehensive understanding of the features, benefits, and capabilities
Discover insights from experts on the latest happenings in GRC
Learn tips, tricks, and insights to make compliance work for your organization through our expert webinars!
Utilize our go-to templates and checklists to help you stay compliant
Keep in sync with the latest changes by updated framework templates
Get compliance assistance through VComply compliance checklists
Download policy templates that you use to create guidelines and processes.
Discover the power of VComply through our detailed use case guides
Get to know what make VComply the best GRC platform on the market
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The collapse of Silicon Valley Bank, the go-to-bank for US tech start-ups deemed the largest institutional failure since the 2008 financial crisis. The bank’s failure is majorly attributed to its risk management failure, lack of accountability among the board, inadequate control measures, and poor communication.
As risks evolve rapidly, organizations must move beyond traditional siloed thinking to stay ahead. Adopting an integrated and connected approach to risk and compliance management is crucial for an organization. Failure to grasp the relationships between interconnected risks could lead to a domino effect, underscoring the importance of a holistic view of risk management. An effective strategy helps organizations know impending risks and make informed decisions.
Many organizations practice GRC to some extent, even if they don’t explicitly classify their activities as such.
The maturity of an organization’s GRC model can be classified into five levels:
Level 1: Ad hoc firefighting, where the organization reacts to risks without a defined process.
Level 2: Broad understanding of risk assessment and compliance management across departments, but lacking integration.
Level 3: Intra-departmental integration with a more mature GRC process.
Level 4: More proactive GRC process with inter-departmental integration.
Level 5: Agile, proactive, and responsive with security and performance evaluated in terms of meeting organizational objectives.
To strengthen an organization’s governance, risk management, and compliance (GRC) approach, achieving the aspirational stage with a well-crafted plan is possible.
Here is a five-step plan to achieve this:
Step 1: Define objectives by evaluating the organization’s capabilities, identifying gaps, and establishing long-term goals to guide the organization toward the target.
Step 2: Assemble the right compliance and risk management team to identify and evaluate potential risks, establish policies and procedures for compliance, and develop strategies that align with business objectives.
Step 3: Implement the right technology to manage compliance programs, monitor and manage risks effectively, including risk assessment, analysis, monitoring, and mitigation, for automation, integration, data analytics, and team collaboration.
Step 4: Continuously improve the GRC process by breaking up the project into achievable stages based on objectives, systematically implementing systems and processes, quantifying the value achieved at each stage, and progressively scaling objectives.
Step 5: Prepare for change by understanding the ever-evolving nature of risks, such as pandemics, wars, inflation, economic stress, and recession, to reach the aspirational stage of achieving agile and cognitive GRC.
The future of GRC is likely to shift from a traditional, reactive approach to a proactive and strategic one, using advanced technologies such as artificial intelligence and analytics for real-time monitoring and decision-making. Additionally, there will be more significant integration of GRC activities across the organization.
Catering to every risk factor and each potential error manually is an impossible task. With the constantly rising stakes, there is negligible room for error and experiments. In such a pressing scenario, compliance management software like VComply can proactively manage the three critical aspects of your business: people, processes, and technology.
You should look for certain capabilities while going for GRC software:
First and foremost, the software should be able to help you meet your compliance objectives. You should be able to manage your compliance programs across multiple locations or business functions and generate user-friendly, real-time reports from unified dashboards. Take a demo to understand how VComply covers all aspects of compliance management.
Though it might seem difficult and gruesome at a glance, you can strike a balance among various components of the compliance management program with the help of the GRC platform. VComply, an effective compliance management framework, can help you strategize in advance, safeguard your organization from heavy penalties and build your credibility in the industry.
Explore what makes VComply a consistent G2 high performer in Compliance Management. Request your demo today and transform your approach.
Ready to set up a trial of VComply and automate your compliance process?