The main reasons to attend the 7th annual GRC conference
The main reason why the combined efforts to introduce all of the components of Governance, risk and compliance (GRC) never took off in the corporate world is that it was difficult to measure the ROI of GRC activities.
Another reason why implementing total GRC solutions are still in the early stages is that organizations are unable to manage risk and compliance initiatives across the enterprise. The organizational structure continues to monitor and control the GRC activities in silo's.
Copenhagen Compliance has developed the GRC processes, organizational structures and IT tools to help organizations to introduce a holistic approach to GRC and thereby reduce loss, improve decision-making, avoid duplication, optimise resource allocation, and improve results thru optimised business performance.
GRC is traditionally seen as a cost center with limited scope on structured enterprise risk management and limited rewards. The Copenhagen Compliance approach to GRC is that businesses should take full advantage of the automation, visibility, transparency and accountability associated with a centralized GRC solution. This holistic approach provides with several opportunities to justify the GRC investment e.g. centralized management and identification of enterprise GRC initiatives such as operational risk, financial risk, and IT governance.
