Governance Risk Management & Compliance

Artificial Intelligence is rapidly transforming the GRC landscape for organisations worldwide. This comprehensive guide explores the revolutionary impact of AI technologies on governance, risk, and compliance functions. With increasing regulatory demands, organisations face growing challenges in maintaining compliance efficiently. AI-powered solutions are now essential tools for maintaining compliance efficiently. Sentrient, an Australian-owned company, offers cutting-edge […]

In today’s complex regulatory environment, businesses face increasing pressure to maintain compliance while effectively managing risks. A Governance, Risk, and Compliance (GRC) system offers a structured approach to these challenges, helping organisations automate operations and avoid costly penalties. But how exactly do you implement a GRC system in your business? This comprehensive guide walks you […]

Governance, Risk, and Compliance (GRC) have become critical components of Australian businesses, ensuring organisations adhere to regulations, manage risks effectively, and maintain ethical governance. With evolving workplace regulations in Australia, businesses must stay ahead of compliance changes to avoid penalties and reputational impacts. The increasing complexity of regulations and the rapid pace of technological advancements […]

As an Australian business owner or manager, you’re probably all too familiar with the challenges of keeping up with ever-changing regulations, managing risks, and ensuring your company stays on the right side of compliance. But what if there was a tool that could help you manage all these tasks with less effort and more confidence? […]

Imagine you’re about to embark on a new project or venture. You’re excited, but there’s that nagging feeling in your mind – what could go wrong? Understanding how to assess and manage risks is crucial. That’s where the 5×5 risk assessment matrix comes in. This guide will explain everything you need to know about the […]

Governance, Risk, and Compliance (GRC) management is not simple. There can be numerous challenges in devising and implementing the best GRC strategy for the organisation. Tasks such as GRC incident reporting and management prove arduous and time-consuming. One of the main challenges is because organisations may still be utilising manual systems for incident reporting rather than […]

Compliance is effective when it is strategically aligned with changing laws and regulations. Obsolete controls increase governance and non-compliance risks. Resetting your governance, risk management, and compliance management based on business scenarios makes it easier to anticipate adversities, prevent them, recover from them, and proceed with confidence. Industries are constantly seeing regulatory overhauls, which can […]

An organisation cannot expect an effective GRC strategy implementation if its policies fail to guide its operations and employees effectively. GRC policies must integrate operational standards with the organisation’s goals and compliance requirements.   Unfortunately, creating effective GRC policies is not easy. Constantly changing regulatory guidelines also add to policymakers’ challenges.   So, how can you ensure […]

Have you designed a governance, risk, and compliance strategy and implemented it in your organisation? What next? How will you gauge the success or failure of this GRC strategy? Many organisations stumble at this point and fail to measure the effectiveness of implementing changes in the already existing or newly deployed GRC strategy. This can […]

GRC refers to the strategy organisations use to manage the overall governance of the organisation, risks, and compliance with regulatory standards. It provides organisations with a structured method of managing, mitigating, and preventing risks and meeting compliance requirements in a holistic way. The 3 main factors of GRC include:  Governance: Providing necessary administrative support measures for […]