Products for Managing Governance, Risk, and Compliance: Market Fluff or Relevant Stuff?

Author(s): Trent Henry

Governance, risk management, and compliance shortened to the marketing term “GRC” is fluff. These three functions are all critical processes in modern organizations—and some products are relevant stuff for select automation. But particular solutions are relevant to very specific problems—and vendors aren’t always clear about which problems their products address. A layered stack of automated assessment and feedback solutions is relevant for bringing consistency, repeatability, and speed to traditionally error-prone and time-consuming functions. There’s currently no set of products that achieves this. Still, successful governance requires good tools, and some of these solutions are quite effective for limited objectives.

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