Companies are facing unprecedented business and regulatory disruption. It’s challenging the way organisations deliver GRC activities and has introduced new pressures on the digital infrastructure supporting them. Now, more than ever, our clients are seeking better models to digitise their functions, reduce costs and add value to the business.
The increased rigour and demands of the regulatory environment require you to optimise risk management and compliance processes and control the costs of compliance to improve efficiencies. To support this, businesses need to identify the right Governance, Risk, and Compliance technology tool(s) for process efficiency, improved data management and reporting. The success of your GRC program is incumbent upon:
PwC’s eGRC team helps deliver these factors of success and more. It performs an initial assessment of the tools and technology needed, and assists with implementation to facilitate effective GRC activities. Coupled with our advisory and expertise, we help organisations promote the consolidation, coordination and reporting of the GRC activities throughout your organisation.
Organisational functions such as Finance and Risk & Compliance, are under pressure following increasing compliance and documentation requirements. They aim to add more value to their organisations by shifting their focus to improving existing processes and insights into risk areas - and this is exactly what the Continuous Monitoring Platform enables organisations to do.
In a business world ruled by new technologies, automation initiatives and other digital innovations, many companies are struggling to turn their business processes (‘processes’) into an enabler for operational excellence. As processes are often considered a ‘black box’, how can you effectively manage them?
As a proponent of guiding clients from Strategy through Execution, PwC understands the importance of effective and efficient processes. Process excellence allows companies to effectively bring the value their customers, shareholders and society are looking for.
Partner, PwC Singapore
Tel: +65 9677 7219