Every organization must follow regulations and policies from authoritative sources – especially those enterprises operating in heavily regulated industries. But staying compliant can be complex and time-consuming. Some organizations use expensive, specialized software that is separate from their service management system. More commonly, organizations initiate manual “fire drills” using spreadsheets and email whenever an audit is conducted.
ServiceNow® Governance, Risk and Compliance (GRC) is the cloud application that helps effectively manage risks and improve clarity into compliance and audit, by tracking and automating the work of organizations struggling with complex regulatory landscapes. It provides the tools for you to proactively manage risk, by measuring, testing, and auditing your internal processes, ensuring compliance to regulations, policies, standards, and frameworks. GRC automates the business-critical process of measuring and managing adherence to vast number of legislative policies, including Sarbanes-Oxley (SOX), PCI, and HIPAA.