One of exccon's consulting focuses on governance, risk & compliance. To automate risk management, we recommend ServiceNow, which offers a powerful tool with the integrated GRC module (Governance, Risk, Compliance). The transition from human monitoring to digital support saves your company time and money!
Why manage risk with ServiceNow?
ServiceNow provides a platform to implement integrated governance, risk & compliance. Bring individual risk management areas together and bring risk management directly to the workplace!
Risk managers, service owners, architects, and system engineers are responsible for risk management and must integrate assessments and reviews into their daily work processes. ServiceNow helps them with consistent and efficient processes. All processes are supported by integrable risk frameworks such as SOX, ISO 31000, COSO ERM, NIST RFM or BSI standard 100-2. ServiceNow offers you:
- the development of a risk management system with existing risk frameworks and risk management processes
- a qualitative and quantitative risk assessment for inherent and residual risk
- automated risk assessments through indicators and compliance controls
- recording risk events and integrating vulnerability response
- Workflows — handing over tasks to process the various tasks with assignment and schedule
- a graphical and task overview of the status of assessments
- Up-to-date reporting for risk managers and senior management
individual requirements
Your individual requirements in terms of compliance, identity management (roles and rights) and business-driven risk definitions can be mapped with ServiceNow's GRC module. At the push of a button, you can “match” the regulations relevant to you and create reports on the activities of various employees and all measures taken at any time. These can be retrieved and verified at any time — even by external auditors.
audit security
With ServiceNow's GRC module, you have audit-proof documentation. In addition, the system provides preparations for audits (repeatable). In the area of IT risk management, ServiceNow offers you real added value and drastically reduces your expenses!
Overview - What exactly does the ServiceNow GRC module offer?
Policy Management
Use a common control framework to monitor assets and processes to identify changes and risks in real time — all visible on a dynamic dashboard and with reports that you can access with one click.
Risk Management
- Continuously monitor your risk exposure
- Prioritize critical risks
- Reduce response time from days to minutes
Operational Risk Management
- Identify, analyze, manage, and report operational risks
- Get a holistic view of your business risks through risk events and risk rollups
Audit Management
Automate redundant processes and cross-functional activities with consistent workflows and predefined business, risk, IT objects, and systems to streamline evidence collection and increase productivity.
Vendor Risk Management
Streamline how you manage vendor risks and track issues, implement a consistent assessment and resolution process, consolidate communications and facilitate collaboration, and automate assessment processes—so you can evaluate more of your critical vendors.
Jump-start for regulations
- Jump-start the implementation of a wide range of regulations/standards/frameworks, such as SOX, NIST RMF, NIST CSF, and more that can be added
- Using an interface, it is possible to integrate start-up aids for the German market, e.g. Cobit, and, if necessary, to maintain audits or compliance requirements for two “different” bases (e.g. SOX and Cobit).
Interested? - Contact us!
Personal, non-binding specialist advice from our experts:
- Please contact us at sales@exccon.com!
- Our colleagues will be happy to advise you on various methods and standards in the area of risk management, the preparation and support of risk assessments (using various standards) and how to set up a risk management system in accordance with ISO/TR 31004. We are familiar with the various standards such as BSI Standard 200-3, ONR 49000, ISACA Risk IT or COSO ERM. If required, we also offer you advice and technical implementation in ServiceNow.
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