If you’re looking for the best GRC Tools, you’ve come to the right place.
GRC tools are software solutions that provide organizations with the ability to manage their governance, risk, and compliance activities. These tools enable organizations to effectively identify, assess, monitor, and report on risks and controls in order to meet their regulatory requirements.
Additionally, GRC tools provide the necessary visibility and collaboration capabilities needed for a successful GRC program.
With these features, companies can ensure they maintain an up-to-date understanding of their current risk posture as well as any changes or updates in regulations or policies.
Furthermore, GRC tools help facilitate efficient audits by providing detailed reporting functionality including audit trails for data accuracy.
We’ve compiled a list of the top options on the market, so you can find the perfect one for your needs.
Here are our top picks for GRC Tools
1. Communication Compliance
Communication Compliance GRC (Governance, Risk Management, and Compliance) tool that helps organizations maintain communication compliance with industry regulations.
This tool can be used to monitor internal and external communications for potential non-compliance issues related to data privacy, security, financial information disclosure, and other regulatory requirements. It provides real-time alerts when any suspicious activity occurs so that organizations can take immediate action.
Additionally, it allows users to review previous conversations or messages for audit purposes as well as configure rules for automated message approval processes. Communication Compliance is an essential GRC tool in today’s digital world where organizations need to ensure their communications comply with applicable regulations.
2. Verizon Connect Asset Tracking Solution
Verizon Connect Asset Tracking Solution is a great GRC tool that helps you stay compliant with government regulations.
It provides simple, yet effective tools to keep track of your fleet and make sure they are operating safely and within the law.
With this software, you can easily monitor drivers and vehicles in real time which gives you peace of mind knowing that your business is running smoothly and legally. This allows you to focus on other important aspects of your business rather than worrying about compliance issues.
3. PTC Implementer
PTC Implementer is a great GRC tool for developers and IT managers. It provides an intuitive interface that makes it easy to use, allowing them to quickly create robust applications.
The tool also manages and streamlines all-important change management and development processes, greatly speeding up the time it takes to develop new projects.
This allows users to stay on track with their projects while ensuring they are meeting all critical industry standards in terms of governance, risk management, and compliance.
FinaMetrica provides an excellent psychometric assessment of personal financial risk tolerance. The methodology they use is robust and quantitative, allowing advisors to accurately assess their clients’ risk tolerance and set realistic expectations for returns on investments.
Further, FinaMetrica’s educational materials are widely acclaimed by the industry and provide advisors with useful resources to help them advise their clients effectively.
With FinaMetrica, you get a comprehensive understanding of your client’s risk profile while also having access to relevant educational tools in order to properly guide them through investment decisions.
5. Verint Enterprise Recording
Verint Interaction Recording is a comprehensive, one-stop recording system that provides the capability to capture voice, video and text interactions across multiple channels.
It is designed with today’s modern enterprise environments in mind – it can be easily configured for different platforms such as contact centers, back offices and corporate headquarters.
The solution also provides powerful reporting capabilities so organizations can track performance metrics and gain insight into customer service quality.
Furthermore, Verint Interaction Recording features intuitive interface tools to make training new users quick and easy.
With its flexible deployment options – on-premise or cloud based – this GRC tool offers an effective way of ensuring compliance across various departments within an organization while providing valuable insights into customer interaction trends.
CertsOnline is a tool that helps you track and manage insurance certificates. It automatically collects certificates from various sources, and provides an easy way to search for them when needed.
It also offers alerts for upcoming renewals and expirations, so you can take proactive action to avoid problems.
7. McAfee Integrity Control
McAfee Integrity Control is a valuable GRC tool that ensures the security of critical fixed-function, point-of-service infrastructures such as ATMs, POS systems, and kiosks.
It works to protect against unauthorized applications and changes by monitoring activity and alerting administrators if suspicious or malicious behavior is detected. This helps ensure the safety of sensitive customer data while also providing organizations with comprehensive visibility into their infrastructure in real time.
The system can be customized to meet the specific needs of any organization, making it an ideal solution for businesses looking to increase their security posture without compromising on performance or reliability.
8. BasisCode Compliance
BasisCode Compliance is a top GRC solution, offering a comprehensive Code of Ethics system with reverse engineering and audit-ready features.
It has an intuitive design that allows quick setup without hours of learning. Their secure architecture ensures data protection & compliance with industry standards – making BasisCode one of the most reliable GRC tools on the market.
InsiderList is a software provider of GRC solutions for Market Abuse Regulation reporting.
Its platform offers a comprehensive suite of features that allow issuers, advisers, and administrators to automate the entire insider list management process from start to finish.
The dashboard is simple and intuitive, providing 360o real-time workflow visibility with complete audit trails for 1-click industry standard reporting.
Additionally, users can take advantage of enhanced features such as guided compliance wizards, automatic reminders, and digital signatures which enable them to save both time and money while ensuring they are meeting regulatory requirements in an efficient manner.
JustProtect is a cloud-based platform that enables companies to distribute and answer assessments at scale, eliminating the need for manual processes.
With its easy-to-use dashboard interface and drag & drop features, JustProtect can be customized without any coding knowledge required.
The integrated automated workflow capabilities help streamline complex tasks into manageable steps for efficient execution.
Platforma365 is a cloud-based platform that offers an intuitive, modern back office for the AML (anti-money laundering) compliance team.
It has already been highly praised by companies in various industries such as FinTech, Wealth Management, Corporate Services Providers, Lawyers, Accountants, and other professionals. Developed with input from AML experts specifically to meet the needs of their colleagues, this powerful tool covers all stages of onboarding and monitoring clients of regulated entities.
Platforma365 provides innovative solutions to help combat money laundering and terrorism financing activities.
With its comprehensive features such as an automated risk scoring system and compliance dashboards it can deliver improved efficiency and better performance when dealing with KYC (Know Your Customer) requirements.
Furthermore, it allows users to easily customize workflows based on their specific business needs for increased flexibility in order to stay ahead of ever-changing regulations.
12. McAfee Change Control
McAfee Change Control is a GRC tool designed to prevent unplanned and unauthorized changes in server environments. It helps mitigate risks like security breaches, data loss, and outages, and provides an audit trail of all changes made in the environment.
McAfee Change Control also automatically alerts users when suspicious or potentially dangerous activities are detected, so that organizations can quickly respond to threats.
By combining these features, McAfee Change Control helps organizations reduce their exposure to risk and ensure compliance with industry standards.