GRC Software for the New World of Risk

Tackle all of your risk needs in one GRC platform that extends and flexes to your organization's unique risks.

The LogicGate Risk Cloud™ combines a no-code intuitive workflow builder with hands-on assistance from our GRC experts. Whether you are new to GRC or a seasoned expert, the Risk Cloud makes it easy to get started.

What is a GRC Solution?

If you're new to GRC, we’ve got you covered. Governance, Risk Management, and Compliance (GRC) is a catchall term that refers to a company's integrated strategy for tackling the broad issues of corporate governance, enterprise risk management (ERM), and corporate compliance.

GRC solutions like The LogicGate Risk Cloud help risk managers and professionals, understand how related and connected each of these issues are and provide a single, holistic solution to tackle them all. Let's take a closer look at how a GRC solution solves for each part of the acronym.

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What is a GRC Solution?
Governance

Governance

Governance involves the internal management processes that enable effective decision-making at all levels of an organization. These decisions are critical to driving an organization's progress toward achieving its goals; therefore it's critical that accurate, complete, and relevant guidelines are established and communicated so employees can be as productive as possible, whatever their function or specific aims.

This is where GRC software comes in. It helps top management create, implement, and track decision-making throughout their organization, all in one place.

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Risk Management

Every organization faces risks. They're bound to be different from company to company: a supplier might go out of business, a new law could affect data-collection processes, or an economic downturn could upend capital markets. Whatever the risks may be, it's critical that they're identified, tracked, and mitigated as effectively and comprehensively as possible. It's up to management to drive a culture of risk management throughout their organizations — and set acceptable enterprise risk thresholds so potential threats can be addressed promptly.

GRC solutions help organizations put these tracking and response protocols in place.

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Risk Management
Compliance

Compliance

Every industry is subject to its own collection of rules, regulations, and best practices that affect how business is conducted. Companies and organizations must follow the standards that pertain to their industries or face the consequences, which can involve fines, disbarment, lost revenue, or worse. Compliance is a company's internal process for conforming with external rules and regulations, allowing it to continue pursuing its goals.

A good governance, risk, and compliance software solution will help with the entire spectrum of compliance, from identifying the right rules, to keeping tabs on program effectiveness, to change management when regulations shift.

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