Compliance software marketed as comprehensive GRC solutions are in fact standalone tools and do not integrate with software that manages mainstream business processes. The key is integrating the information flow.
Most companies do not know all the GRC technologies they own, how best to use them, and where to eliminate redundancies or fill gaps. This is due to piecemeal implementation as companies scramble to meet imminent business requirements or regulations. There always seems to be a lack of communication between the GRC and IT professionals.
IT architecture and compliance technologies are poorly understood by the organization's governance and compliance experts. The compliance requirements communicated to IT is usually fragmented and not matched to the technology. An IT person cannot build an integrated GRC solution if they do not understand how the same piece of information needs to flow through different systems or used in multiple ways for reporting.
We do understand the capabilities of your information systems and the regulatory requirements. Let HRMSI assist you in your internal control needs and providing innovative and effective solutions that moderate your regulatory surveillance costs. Contact us at (630) 243-0117 or email MFischer@riskinc.net