Governance Risk Compliance (GRC)

Governance, Risk Management and Compliance (GRC) – these generic terms cover all the activities of an organization/company on these topics:

  • Management and Control
= Governance
  • Avoidance of risks
= Risk Management
  • Conformity to obligatory regulations
= Compliance

GRC processes, people, technology


GRC landscape

It is essential for sustainable GRC operation that all procedures and rules, which enable a methodical approach, are identified. This is necessary in order to ensure that the interaction of governance, risk management and compliance in day-to-day business operations is based on a common understanding of all involved parties in the process

  • definition
  • control
  • check
  • maintenance
  • continuous improvement

All activities should be adequately focused on the core business of the organization/company. Processes should be established in such a way that financial expenses can be assessed and done, based on facts . Furthermore the achievement of the desired goals of the GRC activities must be considered

  • Proof of responsible conduct – Reduction of liability,
  • Continuous improvement of process and information security – Protection of corporate values
  • Methodical implementation of transparency and appropriate activities against threats and vulnerabilities – Risk reduction,
  • Gaining the trust of business partners (banks, customers, suppliers, insurance companies, investors) – Image enhancement and competitive advantage,
  • Increasing the cost/benefit ratio and optimizing investments and resources – Cost optimization

QSEC is a reliable and well-established GRC tool that optimally supports you in meeting all requirements of Governance Risk Compliance (GRC) in order

  • to generate efficient results,
  • to use resources optimally,
  • to reduce costs and
  • to support the company management in an optimal way.