Finding the Compliance Management Tool You Need
Many organizations today turn to Microsoft Excel as their compliance tool of choice when first undertaking a GRC program. It makes a lot of sense. Excel is widely used, just about everyone in the business is familiar with it and knows how to use it, and it offers a lot of flexibility.
But at some point in your compliance journey, as your needs expand, Excel will become more of a burden than a benefit. The challenge is knowing when you will reach that point.
We have put together a simple roadmap infographic below to help you determine if an Excel-based compliance management system will work for you, or if your needs are complex enough that you require a more sophisticated governance, risk and compliance solution.