Governance, risk and compliance software trends and best practices

Governance, risk and compliance software trends and best practices

Many organizations continue to struggle with how to efficiently meet compliance requirements resulting from the Sarbanes-Oxley Act of 2002 (SOX) and other regulations. Some of these organizations turn to governance, risk and compliance (GRC) software to automate and streamline processes for managing and reporting financial and corporate data, according to Michael Rasmussen, founder of Corporate Integrity LLC. But understanding GRC technology and navigating the emerging software market can be difficult. That's why Rasmussen said it's important for companies to fully understand what GRC is really about -- and where software comes in -- before beginning or expanding a GRC initiative.

SearchDataManagement.com spoke with Rasmussen to demystify GRC and get insight into software market trends. In this podcast (less than 15 minutes long), appropriate for business, finance or IT professionals, listeners will:

  • Learn what GRC really means in practice and find out how to build a GRC infrastructure
  • Get best practices for meeting compliance requirements mandated by SOX or other regulations
  • Find out the functions of GRC software and hear how it may help organizations meet compliance requirements more efficiently than manual processes
  • Learn how the GRC software vendor landscape has changed recently, find out where it might be in five years and hear how to navigate the market

About the speaker:
Rasmussen is the founder of Corporate Integrity LLC, a leader in education, research, analysis and advisory services monitoring the challenges and trends of the business roles accountable for corporate GRC. He is noted for being the first analyst to define and model the GRC market for products and professional services. With more than 15 years of experience, Rasmussen's objective is to assist organizations in defining GRC processes that are sustainable, consistent, efficient and transparent.

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This was first produced in August 2008

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