GRC tools, or governance, risk, and compliance tools, are software solutions designed to help organizations manage their governance processes, assess and mitigate risks, and ensure compliance with regulatory requirements. These tools provide a centralized platform for managing records, monitoring communications, and analyzing data to enhance security and operational efficiency. Key features often include risk management frameworks, compliance monitoring, audit logging, and data protection capabilities. By automating and streamlining these processes, GRC tools enable organizations to proactively address potential issues, maintain compliance, and safeguard sensitive information.
To qualify for inclusion in the GRC Tools category, a product must:
Have features and use cases that do not fit into existing governance, risk, and compliance categories
Provide tools for managing governance, risk assessment, and compliance monitoring within an organization