So... what is GRC really?

GRC has been defined by the OCEG as "...the integrated collection of capabilities that enable an organization to reliably achieve objectives, address uncertainty and act with integrity” - OCEG

Whilst the industry traditionally shortens this down to GRC, in actual fact, it is far more than that. Read on to learn more about GRC and how 3 Lights sets itself apart as specialists in this field.

"GRC doesn't burden business: It supports and improves it" - OCEG

1. Mandated for companies (public and private alike) 
2. Organisations must address today's challenging business climate
3. When GRC is done right, the benefits accrue. Organisations that integrate GRC processes and technology across all of many silos have: 

• Meaningful cost savings
• Reduced duplication of activities
• Reduced impact on operations
• Achieve greater information quality
• Better decision-making, agility and confidence
• Achieve greater ability to gather information quickly and efficiently
• Sustained, reliable performance and delivery value
• Achieved greater ability to repeat processes in a consistent manner
• Top-to-bottom accountability for key objectives, risks, requirements and related initiatives.