This paper discusses the drivers behind the growing awareness of GRC information technology and introduces the elements of an effective automated GRC system. It also presents a suggested method for a low-risk, high-impact approach GRC automation.

Polivec is the first and only company to offer a software solution that delivers on all the requirements necessary to gain control of regulatory compliance, supported by a low-risk, high-impact approach. Polivec EGS helps companies dramatically increase the efficiency and effectiveness of governance, risk and compliance processes and activities with a single software application that lets you:

• automate policy management, distribution, acceptance, and attestation
• assign tasks to people so policies work and keep working
• link regulations with policies to ensure polivy coverage
• connect IT systems with policies to monitor compliance processes, activities and incidents