ServiceNow® Governance, Risk, and Compliance (GRC) transforms inefficient processes across your extended enterprise into a unified GRC program built on the Now Platform. Through continuous monitoring, prioritization, and automation you can respond to business risks in real time. Governance, risk, and compliance is a constant issue for organizations that must keep up with regulatory and industry changes. As IT adopts new business models, establish new partner relationships, and deploy new technologies, they must also quickly assess the impact of these developments on their existing compliance obligations and risk posture. Policy and Compliance automates and streamlines the compliance processes, and provides the assurances that IT policies remain effective. For critical IT processes, companies must be able to monitor and detect failing controls, especially before major audits. They must detect emerging risks and monitor controls and policies accordingly. Monitoring, detecting, and assessing the risk and compliance posture is only one side of the equation. Enterprises must record and undertake the appropriate remediation and risk treatment actions across business and IT processes. Risk Management helps IT detect and assess the likelihood of a risk and respond to critical changes in risk posture between assessments. Optimize IT audits by leveraging the Servicenow CMDB to audit business critical applications and processes. Scope and track audit engagements using risk data, profile information, and the IT controls that are automatically generated and maintained using Policy and Compliance. Eliminate recurring audit findings, enhance audit assurance, and optimize resources with Audit Management. Leverage the Servicenow platform to automate and manage vendor risk assessments with Vendor Risk Management. With Servicenow, IT organizations can institute a standardized and transparent process to manage the lifecycle for risks assessments, due diligence, and risk response with business partners and vendors.Governance, Risk and Compliance
Policy and Compliance
Risk
Audit
Vendor Risk