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An organization's GRC strategy is only as good as the tools used to implement it. Home grown GRC tools, perceived by many as a quick fix to undertake complex compliance requirements, often fail to scale and perform miserably leaving organizations on the brink of non-compliance.
This paper takes a detailed look at how automated GRC solutions can not only help organizations in staying on top of rules and regulations, but also standardize and align business processes, enable effective risk management, and bring transparency in operations apart from reducing management overhead.
It also builds a strong case for CIOs, CTOs, and GRC implementation teams to invest in IT GRC tools as a means for adding significant business value and gaining competitive advantage.
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