VK GRC

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2023: Developing a Solution

On April 18, 2023, VK announced the development of a solution for strategic business and risk management - VK GRC. With the help of VK GRC tools, you can build a transparent system for managing, planning and executing control procedures, including for specific processes and projects, depending on the degree of detail of the company's tasks.

The IT solution allows you to receive up-to-date analytics on key elements of the internal control system (ICS) and risk management, assess the effectiveness of business processes, consolidate recommendations for improving control procedures, and promptly respond to incidents. VK GRC helps companies to build a unified risk management system and ICS, which permeates all processes, at all levels of protection - to implement monitoring and assessment tools, generate reporting, improve the quality and efficiency of management decision-making.

The larger the company, the more processes it has and the more difficult it is to manage the risks that arise. To make the right decisions, you need to qualitatively collect data and analyze it in real time. VK GRC allows you to determine a balanced way to respond to possible risks, monitor the results of control procedures and respond in a timely manner to identified errors. This helps to ensure the efficiency and transparency of business processes and, ultimately, ensure the adoption of the right decisions, "said Andrey Chernenko, director of platform B2G services at VK Tech.

One of the key features of VK GRC is the ability to implement a preventive approach to risk assessment, respond quickly to them and minimize their consequences. The IT solution automates the configuration of parameters and objects necessary to effectively track key risk indicators and perform control procedures. This reduces the burden on employees, as well as minimizes business costs.

VK GRC can be integrated with any corporate information systems and other VK Tech products. The platform can be deployed on your own or leased business servers or used as a cloud service in VK Cloud.