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Every day there are more headlines about companies being fined millions of dollars for violating anti-corruption laws, retaliating against whistleblowers or failing to uphold their standards of conduct. Itâ€™s a big job to keep your company compliant with the Dodd-Frank Act, the UK Bribery Act, FCPA, and countless other laws and an ever increasing number of regulations; not to mention keeping your employees trained on your policies and encouraging a â€œspeak-upâ€ culture so you can find out about violations and investigate or correct behavior.Â
Governance, Risk and Compliance Management â€“ orÂ GRCÂ management â€“Â is an up-and-coming field that reflects a comprehensive and integrated approach to these three areas. Governance, Risk and Compliance Management refers to the measures, mechanisms and processes used in an organization with respect to governance, risk management and compliance.
Today’s fast-moving global business environment makes mitigating and managing risk a proactive discipline â€” for both avoiding the debilitating effects of regulatory non-compliance and for identifying new opportunities.
BI Consulting Group’s business intelligence (BI) software transforms corporate governance data into BI applications for GRC. Our BI GRC applications give everyone from the Board of Directors to the front-line decision makers the information necessary to make sound business decisions. We can help you evaluate and communicate the mission and core ethical values most important to you as well asÂ address a wide range of business risks including:
Contact us to discuss your individual needs today!