Economic volatility, shareholder demands and an increasingly competitive market landscape are forcing organizations to rethink their approach to risk.

A robust GRC technology solution can help embed risk management requirements and practices into daily business activities.

More and more, companies are realizing that the ability to manage risk has a very real impact on their bottom line. A recent Ernst & Young global survey of more than 250 leading organizations found a direct link between effective risk management practices and improved financial performance.

However, for businesses to implement effective risk management practices and reap the financial benefits, they’ll need a comprehensive and sustainable governance, risk and compliance (GRC) process and technology solution. This can improve the company’s ability to:

• Identify and respond to risk
• Provide governance and oversight
• Coordinate risk functions and requirements
• Optimize processes and controls

Our series, 5: insights for executives, explores the questions:

• What's the issue?
• Why now?
• How does this affect you?
• What's the fix?
• What's the bottom line?

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