The Advantages of GRC Software over Professional Services & MS Office ToolsRajesh Unadkat
MS Office tools are incredibly popular for a reason, They are easy to learn programs, and they meet the basic needs of just about any office environment. Unfortunately, that’s also the problem with those programs—their simplicity and wide application design makes them unsuited for many complex tasks. This is especially true when it comes to governance, risk, and compliance (GRC), which is why many businesses either already use GRC software or are currently making the switch.
Let’s take a look at some of the reasons MS Office tools can’t measure up to GRC software:
- Information Security: Many businesses are required to follow certain regulations (such as FCPA and HIPAA) that dictate what security measures need to be taken to protect data. GRC software is designed with these regulations in mind, making compliance with security regulations a simple matter of following a program. Excel may be useful for recording basic information and creating simple spreadsheets, but its security features fall well short of those standards.
- Audit and Review Management: GRC gives businesses a large range of control over how information is recorded, stored, and how it can be changed. This makes auditing and reviewing information—whether for internal purposes or to meet the demands of regulators—a relatively simple task. Compare this to just tracking information in an Excel spreadsheet, where info is limited and can be lost because someone accidentally turned off the “track changes” setting.
When it comes to compliance management and data security, there’s no contest: GRC software from Aruvio is designed to meet all the needs of businesses, without any of the potential pitfalls of MS Office tools. For more information, contact us today at 855-927-8846.