GRC Solutions For the Energy & Utilities Sector
Out-of-the-Box
Our best-practice solutions can be pre-configured to meet the specific needs of businesses in the energy & utilities sector.
Single Source of Truth
Rapid time to Value
Out-of-the-Box
Our best-practice solutions can be pre-configured to meet the specific needs of businesses in the energy & utilities sector.
Single Source of Truth
Our solution offers a single source of auditable truth for your risk and compliance programme.
Rapid time to Value
Our pre-built solutions are ready to be deployed and can be live within weeks.
Compliance Management
You’ll enjoy effective management of your compliance and regulatory change obligations.
Cloud-based
Our SaaS based software solution is hosted in the cloud for maximum flexiblity.
Demonstrable proof
Provide demonstrable proof of an effective risk & compliance programme to auditors and regulations.
Trusted by 150,000 Users worldwide
Loved by top energy & utilities companies
Protect your organisation with a comprehensive GRC platform designed for those in the energy & utilities sector
Functionality to meet the needs of the
energy & utilities sector
Risk Management
Create a culture where everyone is responsible for risk. Identify, track, and manage risk with confidence and link risk to your strategic objectives to achieve your goals.
- Establish a digital risk register and roll out risk assessments online.
- Set up a control framework to successfully manage risk.
- Monitor risk against KRI’s and your risk appetite.
- Use workflows to escalate risk and implement risk treatment actions.
- Dashboards & reports highlight key actions and provide a holistic view of risk.
Compliance
Easy manage your compliance obligations across regulatory requirements, legislation, policies, and procedures.
- Build a detailed obligations library based on applicable regulations.
- Track progress against obligations and corrective actions.
- Automated regulatory change management linked to your third-party content provider.
- Use dashboards & reports to analyse your compliance profile.
- Provides an audit trail to demonstrate proof of compliance to regulators.
Strategic Planning
Turn your strategy into reality. Plan and execute your strategy using a best-practice framework to break down key goals into a series of projects, tasks & actions – and allocate them out across the organisation.
- Map out your strategic plan from high level goals to smaller tasks and actions.
- Use simple tree view to visualise your plan and track progress.
- Log spend and set KPI’s & scorecards to ensure your strategy is on track.
- Map risk to your strategic plans.
- Demonstrate how operational initiatives are contributing to high-level organisational objectives.
Incident Management
Report incidents, near misses, and emerging risks – conduct investigations, determine impact, and monitor cases until closed. Spot trends and introduce controls to reduce reoccurrence.
- Online incident forms feed directly into the platform.
- Third parties can log incidents via the vendor portal.
- Link incidents back to risks, processes, and staff to understand where incidents occur.
- Conduct investigations and perform route cause analysis.
Audits & Inspections
Schedule and prepare your audits & Inspections. Use workflows & actions to effectively implement findings for the recommendations identified.
- Schedule & plan upcoming audits, inspections, and safety checks.
- Capture findings and implement workflows to follow up on recommendations.
- Link audits back to related risks or compliance obligations.
- Replicate existing audit setup details.
Cyber & IT Risk Management
Build a centralised view of IT and data privacy risk across your organisation via API integrations with other systems & data sources. Successfully manage cyber incidents & audits and keep a log of IT related equipment & usage.
- Digital risk & control library.
- Online risk assessments.
- Cyber incident management.
- Asset management log.
Mobile App
- Straightforward and user-friendly interface for logging incidents
- View reported incidents through various registers, enabling comprehensive tracking and management
- Personalised quick update area that displays information and incidents relevant to the logged-in user, making it easier to stay informed
- Encourages active participation in incident reporting and management, fostering a culture of safety and responsiveness
Principles of GRC
Automation in
Education
In this eBook we provide key insight into how the latest GRC technology and strategy tools are supporting educational institutions to streamline processes and achieve their goals.
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