News
SureCloud bridges intelligence gap between eGRC and home-grown compliance systems
April 2014 by Marc Jacob
SureCloud®, a supplier of Cloud-based Governance,
Risk and Compliance (GRC) solutions, today announced its agile GRC SaaS platform.
The SureCloud Platform differs from other solutions by giving organisations
immediate visibility of the status and greater overall control of their risk and
compliance programmes. Faster to implement than conventional eGRC solutions and
featuring more real-time intelligence than home-grown systems, the SureCloud
Platform gives organisations unprecedented insight into their current risk exposure
and the flexibility to respond swiftly to changes in the compliance landscape such
as PCI DSS 3.0 and the EU’s new tougher data protection laws.
For reasons of cost and complexity, adoption of sophisticated GRC systems has been
slow and they have yet to prove themselves from an ROI point of view. Instead firms
frequently opt to meet their compliance obligations by developing their own
spreadsheet-based methods. In practice neither eGRC nor home-grown solutions are
capable of meeting what organisations most need – namely an easy-to-implement
compliance system that supports existing processes (rather than re-engineering them)
and in-built analytics for informed decision-making about corporate exposure to
risk.
The SureCloud Platform automates and radically simplifies risk and compliance
processes without forcing organisations to adopt entirely new practices.
SureCloud’s flexibility allows them to automate any GRC process including
Compliance Audits, Policy Management, Risk Assessments or Third Party Assurance
programmes. The SureCloud Platform supports an agile approach to implementation and
includes pre-built templates, which means that the solution can be deployed quickly
to deliver immediate value.
Key features of the SureCloud Platform are:
· Ability to implement your own processes or leverage SureCloud’s process
frameworks;
· Fine grained permissions to provide different Form views based on Role;
· Integrated Task Management to alert users to events such as compliance
certificate expiry, or to allocate activity to internal or external stakeholders;
· Grouping structures to organise internal users or external parties such
as suppliers;
· Interfaces with Microsoft Office;
· Dashboards and reporting to provide real-time updates on progress;
· Analytics to identify patterns such as common areas of failure, top 5
suppliers.
Finally, because the SureCloud Platform is priced per user it dramatically reduces
the total cost of ownership for customers.
