Making the ROI Case for GRC Platforms

CIO.com – News

As the governance, risk, and compliance market matures, product vendors and potential buyers alike are struggling to make the case for GRC implementations–whether it’s being able to point to credible return on investment figures, or building a business case to justify the expense of a software platform. This is certainly not due to a lack of value, but rather a lack of parameters to work with when defining essential elements relating to cost, benefit, flexibility, and risk. When possible, the GRC proposition should be driven by a vision of better governance and performance, but when pressed for more specific justification, the following factors will help provide specific supporting evidence to make the case:

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