The popularity and proliferation of governance, risk, and compliance systems has grown over the years as regulatory requirements have become more complex. So it’s little wonder that IT, risk, and compliance professionals have sought ways to make their lives less complex.

After all, who wouldn’t want some form of automated process that delivers real-time data to senior executives and business-unit managers so they can better assess and manage your risks? As businesses have looked to cut costs and streamline processes, technology is often expected to provide efficiency for many of the previously manual functions performed by individuals. Enter the vendor of GRC software.