Case Study | GRC Technology Enablement
Implementing a GRC tool to centralize risk and issue management.
A mature US-based technology company needed to unify its fragmented risk and compliance activities. By implementing a modern GRC tool, the company achieved consistent risk oversight, automated issue tracking, and executive-level visibility, driving both operational resilience and stronger security.
The Stakes: Siloed risk management hindered stability
- Disconnected tools and spreadsheets across risk, audit, legal, and compliance teams.
- Limited transparency into critical risk data.
- Difficulty generating timely, board-ready reports.
- Manual processes that increased audit fees and slowed decision-making.
How we helped: We implemented a scalable, integrated GRC framework
- Current-state analysis: Identified gaps in risk tracking, documentation, and reporting processes.
- GRC platform selection and configuration: Centralized risk assessments, issue management, and control mapping in one system.
- Standardized workflows: Unified risk-rating scales, issue documentation, and cross-team processes to ensure consistent risk management.
- Governance integration: Brought together internal audit, legal, compliance, and business continuity under a unified GRC model.
- Custom workflows for issue escalation: Ensured appropriate oversight, enabling better risk prioritization and timely remediation.
The outcome: Improved visibility and readiness for future growth
- Single source of truth:
A centralized view of risk-related issues, controls, and remediation efforts improved accountability.
- 30% reduction in external audit fees, driven by streamlined control documentation and automated reporting
- 95% automation of compliance tracking, significantly reducing manual work
- Real-time dashboards and reporting
provided executives and board members with accurate insights tied to strategic priorities