Adaptive gRcTM is far more than just software. Audit2 started from a clean piece of paper and built the software, the data framework and the methodology for consolidating legacy best practices into one, synchronized, integrated and unified governance, risk management and compliance (gRc) platform.
If you are still taking the approach of linking together legacy governance, risk management and compliance technologies and frameworks, then prepare to be substantially left behind and having to answer some challenging questions in the future.
Adaptive gRcTM is a unified and integrated operational risk & compliance framework, which shaves significant percentages from operational costs by streamlining compliance, monitoring risk and supporting a lifecycle to continually improve the quality of your deliverables. If you're not taking this approach – you're in dangerous territory.
An effective risk-based operational framework for your organization is going to be the difference between commercial success and being pulverized by the competition. If a commercial organization is not aware of its operational risks and how to efficiently manage compliance – then it will get beaten by those that adopt Adaptive gRcTM and do have this understanding.
Failure can result from:
1:Buying into the myth that unified and integrated governance, risk management and compliance does not exist yet.
Wrong – it does exist – and guess what – maybe your competition has Adaptive gRcTM right now.
2: Keeping your governance, risk management and compliance stakeholders safely in their silos and letting each of them design their piece.
All of your stakeholders have value, but if you equip each of them with just part of your gRc solution, that is pretty much the same as asking them not to integrate. If you use different teams to design different sections of an aircraft, the finished product will not fly. Although the pieces may be put together at the end, the overall form will lack the design cohesion it required. You would not put different size wings on to each side of an aircraft – so why do it with something even more pivotal to the value and profit of your organization?
3: Engaging a gRc vendor that has aspiration but no tangible solution.
If your current vendors' solution is like the emperor's new clothes – spin with little substance – then start to panic.
gRc is the most important change to organizations since the division of labour.
Our working solution can satisfy all types of regulations and standards around a single, unified and integrated framework and help support tangible improvements to reducing your overall operating costs. Adaptive gRcTM can also increases compliance transparency at the same time as lowering your compliance budget.
This software is the first in its class to be fully operational, using an integrated framework and a common application interface. Adaptive gRcTM provides a significant competitive advantage that market leading companies are finding they cannot choose to ignore.
www.audit2.com & www.adaptivegrc.com AdaptiveGRCTM is a trademark of Audit 2 Ltd.
© 2010 This article is copyrighted by Audit 2 Ltd but can be posted or reproduced in its entirety on the condition that links and author credits are retained.
Contacts:
Audit2
Raef Meeuwisse
Raef.Meeuwisse@audit2.com
Tel:
+44 (0)1227 540540
