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The Best Governance, Risk, and Compliance Software to Consider

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Description: AuditBoard is a cloud-based GRC offering that includes a suite of risk, audit, and compliance tools. With the platform, users can conduct internal audits, manage risks, optimize workflow efficiency, maintain SOX compliance, and manage controls. Fusion Risk Management. Platform: Fusion Framework System.

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy. However, it should never replace it.

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Why Buying SaaS GRC Software Is a Smart Investment

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But developing, implementing and maintaining a robust corporate governance, risk management and regulatory compliance program requires resources. Software-as-a-Service (SaaS) is a method of delivering software and applications over the internet as a service. That’s time and money that might be better spent elsewhere.