IDS Scheer AG Efficient Support for Internal Control Systems via a GRC Software Platform

Governance, Risk & Compliance Management (GRC) is about meeting the require ments of all relevant groups that have an interest in the organization. These requirements may be internal or external, mandatory or voluntary, current or future. It involves reliably identifying relevant processes, describing, allocating, and assessing specific risks, embedding an appropriate internal control system into business workflows, and monitoring the effectiveness of the controls. In particular, the increasing number of external regulations is imposing ever greater constraints on corporate autonomy. Process-oriented software solutions like ARIS Solution for Governance, Risk & Compliance Management enable businesses to introduce and operate an enterprise-wide GRC management system.