An effective GRC regime is essential in today’s business world, but can be challenging to implement. GRC processes operate in silos at many companies, creating a multiplicity of frameworks and systems.

This can result in:

• Poor understanding of financial, operational, IT, regulatory, and fraud risks.
• Ineffective risk minimisation.
• Exposure to fines, penalties and litigation.
• High GRC costs.
• Possibility of stakeholder backlash.
• Weak financial statements.

MSOLS GRC framework solutions combine real-time monitoring, reporting, and analysis to help companies comply with regulations and prepare for unexpected events. GRC focuses on three key services to address specific, high-profile business challenges around risk governance and GRC security.

These services are:

• Regulatory Compliance
• IT Risk and Compliance
• Continuous Control Monitoring

The benefits of our GRC framework

The tools that make up our GRC offering can form part of an enterprise risk management framework that delivers:

• Minimise risk by aggressively identifying and addressing potential risk.
• Strengthen compliance through regular audit and control monitoring activities.
• Increase profitability by reducing compliance costs and leakage.
• Enhance reputation by adhering to compliance requirements.