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Four Pillar's of GRC

  • Writer: Rede Consulting
    Rede Consulting
  • Aug 10, 2022
  • 1 min read

1. Policy and Compliance Management: It helps organizations with a centralized process for policies, standards, and internal control procedures adhering to external regulations and best practices.


2. Risk Management: Helps organization with a centralized process to identify, access, monitor and respond to risks, which can cause potentially damage. Also, it helps manage assessments, indicators, and issues.


3. Audit Management: Helps organizations with internal audit, external audit, create and execute engagement, report back to committee and board of directors.


4. Vendor Risk Management: Vendor Risk Management manages the vendor portfolio, completes the vendor assessment, remediation life cycle, and integrates with other business applications.


 
 
 

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