On the off chance that you are considering compliance management is the stuff that cash related establishments and workplaces need to oversee. It's not for me". Well, you’re mistaken.

If you are in any industry, by then it's basic for you as well. Obviously, it is critical for those of you in the fund business, without a doubt. However, that is by all account not the only business that is inclined to risk now, is it? All organizations, of all shapes and sizes, paying little heed to what industry it has a place with, are presented to risk.

Compliance management framework is very imperative for dealing with the organization's corporate structure thusly. Compliance with laws, the company’s internal regulations and regulatory is important for all associations to be overseen proficiently and in a specialist way. So it is vital how it is controlled and adjusted to these rules and regulations.

Risk are something you can't flee from. You should be set up for them. This is the place where compliance management software will help you. Here are some of the most important benefits to your business.

Effective Monitoring and Control over the missing Items due to theft or misplacement. To avoid heavy penalties or fines by government bodies for not being compliance towards specified mandates. Proper and timely maintenance and monitoring of tools or machines or equipment used for manufacturing goods or measuring quantity and quality of goods. To avoid risks due to fire, natural calamities or any other unknown source by adopting proper GRC controls in place. To have better control over the procurement process and maintain details about what is being received against ordered by using adequate GRC process and controls. Track, monitor and fix any issue or problem that is stopping some tool or human to perform certain activity to achieve the goal. To have regular checks on quality of goods or items produced there by increasing customer satisfaction and attract more customers. Return on Investment will be more as controls will be in place to avoid risks. Company reputation will be increased due to proper risk management. GRC invocative reports  gives business owners or executive useful information  so that they can take right decision and right time to avoid risks as well as keep  his/her employees happy. Timely monitoring, servicing and take necessary action to prevent heavy losses on companies assets. 

GRC Stack Library reports helps organization to get an overview of all the processes or products or items which have expired or about to expire so that concerned person or department can take necessary action. Business owner or executives can get overview report of all the processes or controls which are failed or passed to perform the intended action. GRC Issues Management solution provides various reports to monitor all issues across different departments and track progress of resolution. Also helps to have better corrective and preventive measures. Routine checks on fire extinguishers, cooking fires, broken doors and locks to avoid any possible damages/loses due to fire and theft. Compliance Management solution will make sure that your company is adhering to all the rules and regulations set by government or any other external bodies. GRC solutions preserves confidentiality, integrity and availability of an organization’s information.

In a long time since the term governance, risk and compliance (GRC) was built up, a phenomenal course of action has changed. Once oversaw as discrete activities, the three procedures are more weaved than ever and are playing a prominent role in helping organisations to achieve performance and growth. The business scene is reliably making and affiliations are turning up persistently clever recalling a definitive goal to defeat new approaches of dangers and difficulties.

GRCSTACK provide Standard and Enterprise solutions for various business function. It Products/Solutions simplifies Governance, Risk and Compliance for modern and digital enterprises. The GRCSTACK methodology integrates GRC technologies and programs across business, IT, and security functions as we enable organizations to realize the vision of Pervasive GRC. It offers a wide range of leading GRC functional capabilities for risk management, internal audit, internal control, information security and regulatory compliance.

Strengths:

Deliver secure, reliable and scalable applications that help businesses excel in today's rapidly changing Government Rules, Regulations, Internal and External Policies and industry mandates and help them optimize risk to greater extent

Gain client’s satisfaction by fully understand and address our client’s requirements within the minimal time-to-market.

Assure a steady quality by guarantee high quality of our deliverables.

Maintain continuous improvement by promoting a learning environment, and ensuring that our employees are exposed to, and trained on state-of-the-art technologies. Our software Development process is completely agile and always monitored and improved to maximize productivity.

Utilize object-oriented analysis, design, and testing methodologies; ensure seamless Integration and traceability between the project’s requirements, design, development, Quality assurance, and delivery.

Understand In-depth clients’ business requirements.

Deliver world-class End-to-End IT solutions.

Implement cutting-edge innovative solutions.

Guarantees high quality of our deliverables.

Seeking Continuous improvement.

Adopting International & best practice standards

 Solutions:

GRCSTACK provide complete solutions for customer which will have combination of multiple products. Below is the list of popular solutions:

Stack Libraries

Compliance Management Solution

Issue Management Solution

AMS ( Audit Management Solution)

Enterprise Risk Management

Operational Risk Management

SOX (Sarbanes Oxley Act)

TPS ( Third Party Solution)

IT –Compliance 

IT-Risk Management

Survey Management (SM)

Regulatory Engagement Management

More

This year and beyond, GRC will be about new thoughts and points of view, developing, and in addition a high level of authority. The business scene is just getting more focused, therefore the organisations that are able to take more informed risks, drive firm-wide compliance, and demonstrate better governance will be the ones who lead with continuing quality today, and into what's to come.