Having a good GRC solution is important, but choosing one should be based on your organisation’s need and what the governance program is trying to achieve. While you evaluate the right GRC solution you’re your organisation, we came up with a list of applications that we think you should also include in the evaluation table.
For small to medium sized businesses
1. Symbiant Tracker
If you are a small business who’s looking for a solution that will give most features for the money you pay, then Symbiant Tracker is what you should opt for. It’s simple to use and efficient. It will allow you to track actions and will help you with internal audit and risk issues.
The software is mostly used by banks and financial institutions, government, health care, insurance, assurance, retail and manufacturing.
The features of the Symbiant Tracker are as follows:
- Auditing
- Business Process Control
- Compliance Management
- Corrective Actions (CAPA)
- Dashboard
- Incident Management
- Internal Controls Management
- Operational Risk
- Risk Analytics
- Risk Assessment
2. Abriska
Through extensive consultancy engagements, URM has developed Abriska. It’s a modular web based product that assists organisations undertake activities related to risk management. In this solution, the modules can be deployed separately or can be integrated in order to deliver a complete solution for risk management. URM is known for deploying modules for information security (ISO 27001), business continuity (ISO 22301) and general risk management (ISO 31000).
Features of Abriska are as follows:
- Auditing
- Business Process Control
- Compliance Management
- Corrective Actions (CAPA)
- Dashboard
- Incident Management
- Internal Controls Management
- Operational Risk
- Risk Analytics
- Risk Assessment
For large businesses
1. Enablon Incident Management
The solution provided by Enablon’s software covers the broad spectrum of the entire incident management cycle. This includes fast notification of appropriate management, EHS incident management, monitoring and handling, improved performance for EHS, and greater operational risk control. The solution can be deployed via the internet and is mobile based, with 24/7 online support.
The feature checklist for the software is as follows:
- Auditing
- Business Process Control
- Compliance Management
- Corrective Actions (CAPA)
- Dashboard
- Incident Management
- Internal Controls Management
- Operational Risk
- Risk Analytics
- Risk Assessment
2. EQMS
Qualsys is known for providing a wide array of robust and intuitive governance, risk and compliance management systems. They are preferred by many blue chip organisations. From EQMS Document Manager to EQMS Audit and Compliance Manager, Qualsys is known for providing market leading, innovative solutions to support the planning, implementation and management of governance, risk and compliance throughout your organisation.
The deployment of the solution is local, mobile and web based.
The feature checklist for the solution includes:
- Auditing
- Business Process Control
- Compliance Management
- Corrective Actions (CAPA)
- Dashboard
- Incident Management
- Internal Controls Management
- Operational Risk
- Risk Analytics
- Risk Assessment
Wondering how to get the GRC programme started in your organisation? Get in touch with Prowse Chowne.