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IT GRC Management

Align IT Management with GRC Requirements. Optimize IT Projects for GRC. Reduce IT Compliance Risk.

According to the Open Compliance and Ethics Group, "IT GRC Management is the IT strategy of integrating GRC in order to create value, reduce IT risk and maintain the values of the enterprise". Skilled IT GRC Management is therefore crucial for IT governance. The combined disciplines of IT project management and IT compliance management are the foundation of IT GRC management best practices. Effective IT GRC management helps maximize IT's contribution to business value, lower IT costs and minimize IT related risk. With solutions for IT project portfolio analysis and IT risk and compliance management, Oracle helps CIOs and business managers demonstrate measurable business value from IT, reduce compliance risk and manage IT according to regulatory and corporate policy.

IT GRC MANAGEMENT CAN HELP YOU

ONLY ORACLE OFFERS SIGNIFICANT BENEFITS

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IT GRC Management Alignment between IT projects and business objectives
  • Provide a structured approach to IT project evaluation, selection, and funding
  • Achieve consistency and rigor in project selection with defensible audit trails
  • Match IT project goals to best-practice control frameworks such as ITIL, CoBIT, and ISO
  Central repository for IT policies and procedures
  • Link IT policies and procedures to laws, regulations, and best-practice frameworks as evidence of compliance
  • Store both structured and manage content from enterprise applications and unstructured content including emails and spreadsheets
  • Use advanced search capabilities to quickly find and review all versions of policy and process documentation
  Reduction of IT risk with continuous monitoring of automated controls
  • Monitor over 500 key application controls in critical business processes including procure-to-pay, order-to-cash, and reconcile-to-report
  • Track policy violations and deficient compliance scores and alert appropriate personnel
  • Provide ITIL, CoBIT, and ISO framework-based assessments of IT policy and procedures

RELATED SOLUTIONS

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