GRC Capability vs Technology: The Differences
GRC Technology vs. GRC Capability: Understanding the Difference The term GRC (Governance, Risk and Compliance) was first used in the early/mid 2000s, gaining prominence after
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Governance, Risk and Compliance (GRC) itself is not a software product; it’s a strategic concept and a unified management framework designed to ensure an organisation is well governed, manages uncertainty, deals with issues, and follows the rules.
Instead of treating these three critical functions as separate departments (silos), GRC integrates them using coordinated processes, policies, and tools.
GRC technology is the enabler. It is the system or platform that helps an organisation coordinate, automate and streamline those activities.
When done well, GRC technology brings together governance, risk, compliance, audit and assurance into one integrated ecosystem to help align people, processes, and technology to strengthen decision-making, transparency, and resilience.
But without clear governance structures, process maturity, or reliable data, these systems often underdeliver, becoming expensive and complex reporting tools rather than strategic enablers.
InConsult helps organisations understand their GRC needs, spot gaps, and create a roadmap to make their GRC system truly valuable.
Governance, Risk and Compliance systems promise greater integration, visibility, and assurance. But without the right foundations that include clear governance, mature processes, engaged teams, effective change management, and reliable data, even the best and most expensive GRC systems will fall short.
InConsult offers a complete, end-to-end GRC lifecycle advisory service, helping organisations plan, implement, and optimise their GRC capability. Our approach ensures your GRC technology investment drives efficiency, capability and value for money, not just more reports.
What problem are we really trying to solve? At what point can a GRC system deliver value? Are we ready? Where are our gaps?
Designed for organisations either considering or preparing to implement a new GRC system or changing GRC system providers, Our approach includes:
We deliver a Implementation Roadmap with a detailed readiness assessment to guide user requirements, procurement, configuration, and rollout.
You’ve made the decision to invest in a GRC system, but the vendor does not understand the intricacies and complexities of your risk, governance and compliance environment.
We will provide independent guidance and assurance during your GRC system implementation project. We can assist with:
We work closely with your implementation team and deliver an Implementation Progress Report to help ensure that your GRC implementation is aligned, controlled, and built to deliver long-term success.
Designed to be an early health check at around two to three months after the GRC system go-live date to ensure the system is stable, measurable business results are starting to appear and address potential issues early. We review:
We deliver a concise Post Implementation Report highlighting what went well, gaps, and immediate improvement actions.
Is the system delivering real insights or just reports? Are people actually using the system effectively?
Designed for organisations already using a GRC tool and seeking to improve performance and value. The key focus areas include:
We will deliver a practical Improvement Plan identifying quick wins and long-term optimisation opportunities.
Engaging InConsult ensures your organisation approaches GRC system implementation and review with confidence. Through our independent, expert guidance, you reduce risk and accelerate outcomes.
Our team has 25+ years of hands-on experience as practitioners in risk, governance, compliance, resilience, technology, and audit, advising the C-suite, boards, and audit and risk committees.
We have worked with and/or reviewed some of the leading GRC systems. Each one has strengths and limitations.
From identifying gaps and aligning processes to driving adoption and optimising performance, we can help organisations turn their GRC system into a tool that truly supports decision-making and strengthens governance, risk, compliance, and assurance to help deliver real business value.
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