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
See our platform in action for free. No credit card required!
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
Discover VComply's value, mission, and vision for better GRC future
Stay informed about VComply and GRC industrylatest updates
Join VComply, redefine compliance, unleash potential
Know about our partnership program
Get to know our board of advisors
Stay up to date on the latest VComply news
VComply offers unparalleled Sales and Customer Support
Send us your sales queries and let us know your needs
Get 24/7 quick and dedicated support anytime
Lets get social
Follow us on LinkedIn for company updates
Join VComply on Twitter for live updates
A good GRC (Governance, Risk, and Compliance) software is a critical component of an organization’s ability to manage its governance, risk, and compliance activities effectively.
GRC (Governance, Risk, and Compliance) provides a holistic approach to managing an organization’s governance, risk management, and compliance with regulatory requirements and industry standards. GRC is different from traditional risk management and compliance management in several ways:
In contrast to traditional risk management and compliance management, which often operate in silos, GRC brings these crucial components together under one unified framework. While traditional methods may address risk and compliance as separate entities, GRC recognizes their interdependence, emphasizing the need for a coordinated and integrated strategy. This comprehensive approach empowers organizations to efficiently identify, assess, and mitigate risks while ensuring adherence to regulatory requirements, ultimately enhancing overall governance and organizational resilience
GRC encompasses governance, risk management, and compliance in a unified framework. It integrates these three components to provide a holistic view of an organization’s operations and their impact on risk and compliance.
GRC emphasizes the integration of governance, risk management, and compliance efforts. It encourages organizations to break down silos and promote collaboration among these traditionally separate functions.
GRC promotes a proactive approach to risk management and compliance. Rather than merely reacting to incidents or regulatory changes, GRC encourages organizations to identify and mitigate risks before they become major issues and to stay ahead of compliance requirements.
GRC relies on data and analytics to inform decision-making. It leverages technology to gather and analyze data, helping organizations make informed choices about risk mitigation and compliance strategies.
GRC ensures that an organization’s risk and compliance efforts are aligned with its strategic objectives. It helps organizations make risk-aware decisions that support their long-term goals.
GRC aims to make risk management and compliance processes more efficient and effective. It streamlines activities, reduces duplication of efforts, and optimizes resource allocation.
GRC encourages a culture of risk awareness and compliance throughout the organization. It’s not just a set of processes and tools but a mindset that permeates the entire workforce.
GRC promotes a cycle of continuous improvement. It encourages organizations to regularly assess and enhance their risk and compliance processes based on changing circumstances and new information.
GRC heavily relies on technology to support its processes. It often involves the use of GRC software and tools to manage data, automate tasks, and provide real-time insights.
GRC takes into account the external environment, including regulatory changes, industry standards, and emerging risks. It ensures that organizations stay up-to-date with the evolving landscape.
In essence, GRC is a proactive, integrated, and data-driven approach to managing governance, risk, and compliance. It’s a strategic and cultural shift that aims to make organizations more resilient, efficient, and compliant in a rapidly changing world.
Good read: Key elements of effective GRC system
Here are some key characteristics that make a GRC software solution effective and valuable:
A good GRC software should offer a wide range of functionalities to cover all aspects of governance, risk management, and compliance. This includes risk assessment, policy management, audit management, compliance tracking, and reporting.
The software should have an intuitive and user-friendly interface to facilitate adoption and usage across the organization. It should be accessible to both technical and non-technical users.
The ability to customize the software to suit the unique needs of the organization is crucial. It should also be scalable to accommodate changes in the organization’s size and complexity.
The GRC software should integrate seamlessly with other systems and tools, such as ERP systems, to ensure data consistency and eliminate silos.
Effective risk assessment and analysis tools should be integral to the software. This includes risk identification, assessment, prioritization, and mitigation planning.
The software should simplify compliance tracking, enabling organizations to monitor adherence to regulatory requirements and produce detailed reports for audits and stakeholders.
It should provide tools for managing policies, procedures, and other documents critical to governance and compliance.
The software should facilitate audit planning, execution, and reporting. It should support both internal and external audit processes.
Real-time monitoring of risks and compliance status with automated alerts for deviations or potential issues.
Robust data security features, including access controls, encryption, and authentication, to protect sensitive information.
Advanced reporting and analytics capabilities to generate insights from GRC data, aiding in decision-making and risk assessment.
Accessibility via mobile devices to allow users to access GRC information and perform tasks on the go.
Maintain a complete audit trail of activities and ensure data archiving and retention for compliance with regulatory requirements.
Tools to track and manage corrective and preventive actions (CAPAs) to address identified issues and drive continuous improvement in GRC processes.
Strong vendor support, including regular updates, to keep the software current and aligned with evolving compliance requirements.
A flexible and scalable pricing model that allows organizations to pay for the features they need without unnecessary costs.
Determining the “best” GRC (Governance, Risk, and Compliance) systems can be subjective and depends on an organization’s specific needs, size, and budget. However, here’s a list of seven GRC systems, including VComply, with brief descriptions, key capabilities, and general pricing considerations:
Capabilities: VComply offers a comprehensive GRC platform that streamlines governance, risk management, and compliance. Its capabilities include risk assessment, compliance tracking, policy management, audit management, and reporting.
Pricing: VComply offers pricing tailored to an organization’s specific requirements, so it can vary widely based on the size and complexity of the organization. For more information, refer to the pricing page.
Capabilities: ServiceNow GRC provides a unified platform for managing GRC activities. It includes risk management, audit management, policy management, and compliance automation.
Pricing: Pricing for ServiceNow GRC is typically based on the number of users and specific modules required, with costs varying accordingly.
Capabilities: RSA Archer offers a comprehensive GRC platform with risk management, policy management, incident management, and compliance tracking capabilities.
Pricing: RSA Archer pricing is typically customized to an organization’s needs, and the complexity of the deployment often influences the cost. The pricing starts at about $ 55,000 depending on the features and services users decide to choose.
Capabilities: MetricStream provides GRC solutions with features such as risk management, compliance management, audit management, and policy management.
Pricing: Pricing for MetricStream is usually tailored to individual organizations based on their specific requirements and the scale of implementation.
Capabilities: SAP GRC is designed to help organizations manage risk and compliance. It offers capabilities like access control, process control, and risk management.
Pricing: Pricing for SAP GRC varies based on the specific modules and the size of the organization.
Capabilities: Lockpath, now part of NAVEX Global, offers GRC solutions covering risk management, audit management, policy and compliance management, and incident management.
Pricing: Pricing for Lockpath is customized and depends on the organization’s requirements and implementation scale. Price starting at $6,500 for standard plan.
Capabilities: BWise, part of SAI Global, provides GRC software that includes risk management, audit management, policy management, and compliance management capabilities.
Pricing: BWise pricing is generally tailored to the organization’s specific needs, including the scope of GRC activities.
Note that the pricing for GRC systems can vary significantly based on factors such as the size of the organization, the specific modules required, and the level of customization. Organizations are advised to request quotes and conduct thorough evaluations to determine the most suitable GRC solution and pricing structure for their unique needs.
Join the ranks of satisfied users with VComply, a G2 high performer in GRC platforms. Request your demo now and enhance your governance, risk, and compliance efforts.
Ready to set up a trial of VComply and automate your compliance process?