Why Oracle GRC
Only Oracle Fusion Governance, Risk, and Compliance (GRC), a component of the Oracle Fusion Applications suite, provides a complete enterprise GRC platform that gives you:
The Power to Discover—unified intelligence for insight into the status of all GRC activities across the enterprise The Power to Manage—end-to-end support for cross-industry and industry-specific GRC processes The Power to Enforce—best-in-class automated controls that work across multiple business applications
GRC Intelligence:For most organizations, GRC activities are handled independently by different functions, lines of business, or regions. As a result, it is often very difficult for chief compliance officers, chief audit officers, and chief risk officers to gain a true enterprise understanding of the status of GRC programs and be confident that risks are being correctly identified and handled Fusion Governance, Risk, and Compliance Intelligence. combines qualitative and quantitative information and presents this information in integrated dashboards and reports, thereby allowing executives and managers to confidently identify and focus efforts on key risks and control issues including access policy conflicts. The solution delivers both out-of-the-box dashboards as well as hundreds of pre-delivered metrics so that business users can quickly construct their own reports for on-the-spot analysis
BENEFITS::Acts as an integration hub to overcome the challenges of fragmented information Presents in-context information to GRC stakeholders Provides self-service reporting to end-users .
GRC Manager: :
For many organizations, the greatest GRC challenge is creating a consolidated view of compliance, risk and internal controls. GRC work is typically performed by different operating teams managing separate requirements. By providing a common process and content foundation, Oracle Enterprise Governance, Risk, and Compliance Manager (Enterprise GRC Manager) facilitates the holistic management of GRC programs while still addressing individual requirements with natively-built modules. This unified approach promotes overall insight, shared practices, re-use of work, efficiency, and cost savings and tackles the problem of siloed GRC responses without imposing a one-size-fits-all solution.
Reduces overlapping policies, risks, and controls and streamlines the GRC process with a consolidated platform. Supports enterprise risk management in addition to regulatory compliance and controls. Presents unique capabilities from its underlying Fusion Middleware 11g technology.