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Today, with government regulations getting stricter, there is a tremendous pressure on organizations to practice corporate governance, enterprise risk assessment and compliance to rules. Defining effective internal policies with corporate governance system and identifying external compliance requirements and related risks are becoming more and more essential to take the organisation to the next level. In this context, an effective information management system, which provides insights into the organizational processes related to all these areas, has become a mandatory requirement for organizations.
Ramco GRC offers a comprehensive configurable Governance, Risk and Compliance (GRC) framework for organizations to meet the various and exacting needs related to corporate compliance like SOX (Sarbanes-Oxley Act), Clause 49, etc. The GRC provides the following capabilities (refer to the figure below):
"Governance, Risk & Compliance" is part of the Ramco DecisionWorks line of products, developed by Ramco Systems.
Ramco DecisionWorks is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.