Navigating the GRC maze – understanding GRC solutions and software selection
The number of software offerings in the space has increased, and the marketing spin is increasing which means that unless you are a highly experienced and sophisticated buyer with a track record in software selection in this space, your chances of making a poor selection are high.
TDA understands the GRC market. We understand the strengths and weaknesses of different providers and can guide you through the selection process.
We can help you:
- Understand the different possibilities including in this space such as continuous control monitoring, computer-assisted audit techniques, audit follow-up, data mining, control self-assessment, SOX compliance, risk assessment, legislative compliance, policy compliance, legislative training and integrated solutions.
- Be very clear on what your specific needs are, including developing your strategy for enterprise governance.
- Determine whether you require a generalised or niche solution
- Understand what the most cost-effective solutions are including whether to buy, replace, build or configure
- Be clear on which solutions have the strongest support base and longevity
- Negotiate the right price
For more information, contact us.
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