Governance, risk management, and compliance are three related pillars that helps an organization achieves objectives, addresses uncertainty and acts with integrity.
Governance is the combined processes established and executed by management and the board of directors and how it is managed and led toward achieving goals.
Risk management is predicting and managing hazards and threats that could hurt or stop the organization from achieving its objectives under uncertainty.
Compliance refers to adhering with the mandated boundaries (laws and regulations) and voluntary boundaries (company's policies, procedures, etc.).
Our GRC 365 solution supports the core definition above and is part of Dynamics 365 Finance and Operations.
Protection of assets, loss reduction, improved safety, improved visibility of business performance and improved compliance are the key benefits of GRC 365.
The solution integrates tightly into other modules Dynamics 365 Finance and Operations to enhance and support contract management, management of audits and management of records of meetings.
GRC 365 is an ideal complement to the Axnosis OHS 365 Occupational, Health and Safety solution.