Some of the greatest challenges impacting organisations that are faced with Risk Management, Internal Control and Compliance and Audit are:
- Exponential growth in Regulatory, Risk and Business change
- Scattered GRC processes and information constantly behind
- Organisations are burdened by silos, manual processes to document GRC
- High cost of consolidating information and gain clear view, growing beyond 1st generation GRC platforms
- Lack of agility to respond to changing risks and regulations
With OXIAL, GRC operations are integrated and top management can be alerted by web based dashboards.