Governance Risk Management & Compliance

Governance, Risk, and Compliance (GRC) management is not simple. There can be numerous challenges in devising and implementing the best GRC strategy for the organisation. Tasks such as GRC incident reporting and management prove arduous and time-consuming. One of the main challenges is because organisations may still be utilising manual systems for incident reporting rather than […]

Compliance is effective when it is strategically aligned with changing laws and regulations. Obsolete controls increase governance and non-compliance risks. Resetting your governance, risk management, and compliance management based on business scenarios makes it easier to anticipate adversities, prevent them, recover from them, and proceed with confidence. Industries are constantly seeing regulatory overhauls, which can […]

An organisation cannot expect an effective GRC strategy implementation if its policies fail to guide its operations and employees effectively. GRC policies must integrate operational standards with the organisation’s goals and compliance requirements.   Unfortunately, creating effective GRC policies is not easy. Constantly changing regulatory guidelines also add to policymakers’ challenges.   So, how can you ensure […]

If your GRC survey software cannot gather feedback from across your workforce, you are missing one of the most direct signals your governance, risk, and compliance program can generate. Surveys are not a nice-to-have feature sitting on the edge of your GRC software. They are the mechanism that tells you whether your compliance strategy is […]

Picture this: Your HR Manager gets a call from a senior leader asking for proof of staff compliance training ahead of an audit. She opens her spreadsheets. She opens the shared drive. She opens her inbox, looking for forwarded certificates. Twenty minutes later, she’s still looking. That scenario is playing out in Australian businesses every […]

Did you know that organisations around the globe face substantial penalties for not providing their workforce with required Governance, Risk and Compliance (GRC) training? It is a regulatory requirement and an integral part of deploying a GRC strategy in any organisation.   Compliance training may not be one of the most interesting experiences to go through […]

Creating, implementing, and managing a robust GRC program, along with performing all business operations, can be challenging for many organisations. Effective GRC planning can help reduce the burden from all business operations and devise simplified ways to perform these operations and activities, along with maintaining compliance and reducing business risks. If you are struggling to […]

More organisations are now realising and implementing the latest technologies and automation tools to reduce the costs of business processes. The process of governance, risk, and compliance management is not exempt from this requirement either. Digital systems are replacing manual labour across industries. According to the Deloitte Global Risk Management Survey (12th edition), 46% of […]

The importance of training in the implementation of Governance, Risk, and Compliance (GRC) management cannot be overstated. Your employees will contribute to achieving workplace compliance and therefore need to be educated about it too. Online GRC training supported by advanced governance, risk, and compliance software can help meet your training requirements. These courses support your […]

Is it challenging for you to develop or change the (Governance, Risk and Compliance) GRC strategy of your business? You are not alone. According to a global risk management report, 57% of senior executives ranked risk and compliance as one of the two categories they find themselves least prepared to address. Also, around 69% of […]

If you manage compliance, HR, or risk for an Australian organisation, you already know the pressure. Regulatory obligations are expanding. The cost of getting it wrong – a Fair Work claim, a WHS investigation, an ASIC audit – has never been higher. And your workforce won’t manage itself. That is where a structured approach to […]