Effective GRC Management: Strategies for Mitigating Risk and Sustaining Growth in the Tough Economy

Compliance is crucial in establishing new grounds for business. It is important to leverage governance, risk, and compliance (GRC) initiatives toward corporate growth, and to define GRC management in terms of enabling new marketing opportunities. To ensure success in managing GRC, one must provide decision makers with processes and tools that allow visibility and access to critical compliance and risk data. Download this white paper to learn more.

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Making the Business Case for Analytics in the Mid-Market

To build a strong business case for investing in analytics, mid-size companies need to overcome common barriers to adoption, and focus on value propositions that align with revenue growth and cost containment. The use cases captured in this paper demonstrate the value that organizations have realized in sales, risk management, and corporate reporting through analytics.  Read More

Why It’s Time to Evaluate Your Timekeeping System

Workforces today evolve quickly and they're tough to manage. And your job's harder if you're using outdated tools—it drags down productivity, raises costs, and increases your risk of noncompliance. But a modern, cloud-based workforce management solution can help you gain the visibility, insights, and management capabilities you need for an efficient and productive workforce.

Discover five reasons why you should update your time and attendance systems, and learn about the benefits of upgrading. Read More

Credit Risk Management: Collateral, Covenants and Risk Review

  • Source: IBM
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If your organization is still managing credit risk manually, you could be leaving your company open to experience significant losses and complications that can harm its financial well-being. Multiple systems, piles of paper, inconsistent or out of date information- all could end up costing your company dearly. Today, the best way to ensure that credit risk is being appropriately monitored and managed is with the adoption of an automated system. With the implementation of an automated system, accuracy of data and efficiency of execution are significantly improved, and risk is monitored in a superior and more effective manner.

In this white paper, IBM highlights the benefits that an automated system for credit risk management can bring to your organization, including a reduction of human error on multiple levels, a marked increase in compliance, the capability to quickly track a data trail, and the capacity to effortlessly update and upgrade across multiple accounts and systems. Automation means valuations are up to the minute, and that transparency is increased. Document imaging, data entry, and automated workflow can resolve many problems previously encountered with manual procedures.

IBM’s Business Analytics offers a comprehensive 5-point action plan involving the importance of automating collateral processes, how to consolidate diverse systems and data, the benefits of automating collateral and covenant monitoring to reduce risk with the latest available information, and how automation supports release processes for minimized risk. Credit risk management can be modernized and refined as a result of changing towards an automated system. Read More

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Enhancing Governance, Risk, and Compliance through Effective Access Risk Management

Regardless of the size of the organization, embedding governance, risk, and compliance (GRC) management into all business process is imperative. But most organizations are reactive rather than proactive when it comes to undertaking a risk management initiative. Leading companies identify building a risk-aware culture as a key strategy. Read on to find out more about ways to enable effective access risk management. Read More

Effective GRC Management: Strategies for Mitigating Risks and Sustaining Growth in the Tough Economy

A core responsibility among company leaders is to understand the potential return on any investment. So how do executives justify budgeting and spending on governance, risk, and compliance (GRC) management when the return on investment (ROI) is not clear? This paper presents survey results showing that executives are viewing effective GRC management as opportunities for corporate growth. Read More

Governance, Risk, and Compliance Management

  • Source: SAP
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  • Published:
Governance, risk, and compliance (GRC) issues are hot topics today, thanks to high-profile stories about companies that failed to meet regulatory requirements. In each case, executives were held accountable, stock prices dropped, and brand image suffered. Find out about cross-enterprise GRC solutions that can make it easier to monitor compliance and risk effectively, and adjust to changing regulatory mandates. Read More
 
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