AuditBoard’s Post

Third-party assessments provide an unbiased perspective, and their expertise brings instant credibility. The new IDC report is very comparable to what we see when engaging with our existing customers and prospects. We are here to help you conduct a comprehensive internal baseline into your current state challenges and deep insights into the impact on your overall business.

Seeking to foster cross-functional collaboration with your GRC team? AuditBoard can help and add a heap of other benefits worth on average $1 million per organization. Read IDC's white paper for all of the details.

One of the things that's impressed me the most in my first month at AuditBoard is the company's commitment to delivering tangible business value to its customers. Modern risk management programs aren't simply a cost center and this recent evaluation of AuditBoard's connected risk platform does a fantastic job validating why: According to research from IDC, AuditBoard customers achieve a 281% ROI in just three years.

🌐 Bridging the Gap Between Business and IT with GRC 🌐 In today's dynamic business landscape, the alignment between business objectives and IT capabilities is crucial. However, the disconnect often persists, hindering efficiency and growth. That's where Governance, Risk, and Compliance (GRC) steps in as a game-changer. GRC serves as a powerful bridge, aligning business goals with IT strategies and operations. By integrating GRC frameworks, organizations can: 🔹 Enhance Communication: Facilitate clear communication channels between business leaders and IT professionals, ensuring shared understanding of objectives and challenges. 🔹 Mitigate Risks: Identify and mitigate risks effectively across business and IT domains, fostering a proactive risk management culture. 🔹 Optimize Operations: Streamline processes and workflows, reducing redundancy and enhancing operational efficiency. 🔹 Ensure Compliance: Meet regulatory requirements and industry standards seamlessly, minimizing compliance risks. At its core, GRC enables organizations to operate cohesively, leveraging technology to drive strategic outcomes. It empowers businesses to innovate confidently while managing risks judiciously. Is your organization leveraging GRC to bridge the business-IT gap? #GRC #BusinessITAlignment #RiskManagement #Compliance #BusinessStrategy #ITStrategy

The third part of my article on GRC in the digital age which deals with the role of automation and technology in streamlining GRC workflows and provides strategies for fostering a GRC culture within organizations. #newblogpost #GRC #Governance #Risk #Compliance

The third part of my article on GRC in the digital age which deals with the role of automation and technology in streamlining GRC workflows and provides strategies for fostering a GRC culture within organizations. #GRC #Governance #Risk #Compliance https://lnkd.in/dybNj6dF

How to Do GRC the Right Way Effective GRC establishes the processes and systems that enable risk-aware decisions at every level. It’s about giving all stakeholders access to the same high-quality, real-time data so they can share knowledge and collaborate on actions. A stand-out GRC approach: 1. Defines a common vocabulary for all disciplines. 2. Establishes one source of truth. 3. Standardizes processes, practices, and policies. 4. Facilitates communication and collaboration. While heavily regulated industries like finance, energy, or healthcare are most in need of an integrated GRC solution, any organization – large or small, public or private – can benefit. When GRC is done right, every part of the organization is aligned around the right objectives, actions, and controls to drive organizational success. Risk is no longer something to be feared, avoided, or minimized. Risk becomes a tool to create strategic value and elevate performance. source:https://lnkd.in/dNn_d4UU #Risk #GRC #compliance #Governance

Corporater has been helping organizations to manage a range of #risk and #compliance processes and a variety of other business processes. Corporater is an agile and business-integrated GRC management platform used by top organizations worldwide. Recently, GRC 20/20 Research, LLC published a Solution Perspective on Corporater. Read this study to deep dive into: • What Corporater does, • Foundational capabilities in Corporater, • Benefits organizations can expect with Corporater.   Avail the report to help you with your GRC technology evaluation. Download now - https://lnkd.in/d5Vf4wxQ #GPRC #IntegratedGRC #Report #Corporater

Embracing 'digitization' and implementing information governance for #GRC data can help attain a more streamlined and impactful GRC program. Such a GRC program spans the entire organization, dismantling barriers both vertically and horizontally. In practical terms, this means: ● having a unified #risk register, ● consolidating and aggregating risks across the enterprise, ● collaborating on common control measures, ● leveraging insights from each other's risk experiences, ● sharing and aggregating #keyperformanceindicators (KPIs), #keyriskindicators (KRIs), and supplementary metrics, ● integrating #audit processes, automating reporting, ● examining the relationship between performance and risk, and much more. Read this article by Owe Lie-Bjelland to know more - https://lnkd.in/gBQPKQAa #GPRC #Digitization #DigitalTransformation #Corporater