GRC Audit Software
GRC audit software is usually justified by the audit itself. The value actually sits in the eleven months between audits.
An audit is difficult when evidence has to be reconstructed. Who acknowledged which policy version. When training was completed and by whom. What happened after an incident was reported. Which risks were reviewed and when. Reconstructing that takes weeks and the answer is always partial.
Software makes it short by capturing evidence as a by-product of the work. The acknowledgement is logged when it happens. The completion is recorded at the time. The incident carries its own action trail.
The test when evaluating a product is simple enough to ask in a demonstration. Is the evidence captured automatically as people do their work, or entered afterwards by someone preparing for an audit? The second is a filing system with a better interface.
Safe Work Australia covers record-keeping duties. This is general information rather than legal advice.
See Sentrient’s GRC system and records management software.
6 Key Benefits Of Implementing GRC Management Software
Quick Answer GRC management software brings governance, risk and compliance work into one system. The six key benefits of implementing it are better operational efficiency, better-quality information, smoother stakeholder relationships, a clear organisational hierarchy, lower costs and faster reporting. They do not all arrive at once, and most depend on how the system is set […]
