Why do you need integrated GRC?
As regulatory pressure continues to grow, owners and shareholders are demanding more transparency. Management also sees the benefits of better traceability and transparency in internal and external decision-making. As these demands on modern compliance management continue to grow, managing the enterprise becomes more complex as well – especially in light of the high expectations on efficiency.
By establishing a comprehensive governance, risk and compliance (GRC) strategy, companies can face these challenges both effectively and efficiently.
A tight integration of governance, risk and compliance is essential to achieve operational excellence and build competitive advantages. This triad is necessary to establish forward-looking risk and opportunity management across the organization. GRC unites the way that people, resources, processes and technology work together in order to align and integrate governance, management, performance, risk and compliance in a standardized way. GRC is a collection of capabilities to reliably achieve goals, cope with uncertainty, and manage the business with integrity.
Our view of GRC
Since 2005, we at avedos have made it our goal to help establish sustainable GRC processes so that companies can master these challenges and use their GRC strategy to generate tangible business benefits. This is why we view GRC as more than just the sum of individual processes, such as risk management and an internal control system. We firmly believe that GRC is a path for developing sustainable corporate management, which provides the solid foundation to drive innovation and growth in companies. We want to guide, support and, perhaps, even challenge our clients along this journey to build the basis for generating measurable value from GRC processes.
Generate synergistic effects
Ensure a sustainable implementation
Define local rules and guidelines
We'd be happy to assist!