A well-structured GRC program can address multiple challenges of the traditional, siloed approach to risk and compliance. These include miscommunication, interdepartmental tension, and inefficiencies.

Various organizations employ a governance, risk, and compliance (GRC) strategy to handle interdependencies between corporate governance policies, regulatory compliance, and enterprise risk management programs. However, they are faced with difficulties when employing a GRC strategy such as ineffective implementation, human error and time wastage during manual processes, and adoption of cloud, among others.

A well-structured GRC program can address multiple challenges of the traditional, siloed approach to risk and compliance. These include miscommunication, interdepartmental tension, and inefficiencies.

Various organizations employ a governance, risk, and compliance (GRC) strategy to handle interdependencies between corporate governance policies, regulatory compliance, and enterprise risk management programs. However, they are faced with difficulties when employing a GRC strategy such as ineffective implementation, human error and time wastage during manual processes, and adoption of cloud, among others.

Read this eBook to discover the key challenges faced by organizations and how Cybalt’s 4-step approach in constructing GRC programs helps organizations of any size effectively meet their business objectives.

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