Introduction The Third Line of Defence (3LoD) model ensures effective internal auditing and risk management. Therefore, effective risk management is necessary and a strategic advantage for organisations in today’s complex business environment. Indeed, it is key to safeguarding assets, reputation,
Introduction As a business professional, staying informed about the evolving landscape of governance, risk management, and compliance is crucial. According to WorldMetrics.org, the global Governance, Risk and Compliance (GRC) Software market is not just growing; it’s poised to surge to
In today’s rapidly evolving business environment, the demand for robust governance, risk management, and compliance (GRC) practices has never been higher. Being able to automate GRC & audit tasks can remove the issues of cumbersome manual processes that consume valuable time and
Spreadsheets were the tried and trusted method for GRC and Audit Management for years – but in 2024, should spreadsheets still be used for such an essential aspect of your business? The Argument For Using Spreadsheets Some argue that spreadsheets
Introduction What is the Audit Trail Concept, and what do you need to know? An Audit Trail is a chronological record of events, activities, or changes within a system, process, or organisation. It provides a detailed and documented history of
What do they mean, and what is the connection? ESG – Environment, Social and Governance GRC – Governance, Risk Management and Compliance. ESG Environment: involves more than just climate change; it also includes how the business deals with carbon emissions and
The History of Web-based GRC Solutions Do you know when the first web-based, collaborative Governance, Risk & Compliance (GRC) solution was launched? The answer is 2002. We know that because Symbiant developed it. Our Symbiant Risk Suite had risk registers,
What is audit management software? Audit software helps auditors plan, execute, report and follow up the company audits and actions. A dedicated solution can save a lot of time for audit teams and make them more effective by automating much
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