GRC Software (Governance, Risk Management, and Compliance)

GRC Software is a tool that helps organizations manage and coordinate their governance, risk, and compliance efforts. Governance refers to the policies and controls that ensure a company operates ethically and responsibly. Risk management involves identifying, assessing, and mitigating potential threats that could harm the organization. Compliance ensures the organization follows laws, regulations, and industry standards. GRC Software centralizes these activities, providing visibility, streamlining processes, and improving decision-making. This helps organizations stay secure, compliant, and well-governed, ultimately supporting their strategic objectives and reducing potential legal or financial penalties.