Navigating the complexities of Governance, Risk Management, and Compliance (GRC) is a critical challenge for Small and Medium-sized Businesses (SMBs) in the digital age.
The high costs of not using a GRC tool can significantly impact operational efficiency and financial stability. ZenGRC, developed by RiskOptics, presents a cloud-based solution that simplifies these challenges and offers a strategic advantage to reduce your compliance costs.
This blog post explores ZenGRC’s standout features, the diverse types of organizations it benefits, and its tailored approach to supporting SMBs with GRC challenges.
Additionally, we will provide insight into its pricing plans, demonstrating how ZenGRC can be an affordable and effective platform for managing compliance requirements and cybersecurity risks.
ZenGRC Top Features
ZenGRC transforms the complexities of Governance, Risk, and Compliance into an actionable, intelligent, and state-of-the-art solution backed by an in-house team of GRC experts. With ZenGRC, you’re not just implementing a tool, you’re adopting proven GRC best practices designed to streamline your processes and enhance your compliance and risk management strategies.
- Functionality that’s built-in, not bolted-on: GRC activities don’t happen in silos- which is why ZenGRC doesn’t believe in modules. Dynamic dashboards enable organizations to pull data from across the platform into a single page to ensure a truly holistic view across the organization.
- Your Evidence, Your Way: In ZenGRC, organizations can collect evidence in a variety of ways- automated evidence collection, bidirectional integrations with ticketing systems like Jira or Service now, or using the built-in evidence request workflows. With various native connectors, configurable fetchers, and a fully OpenAPI, ZenGRC ensures no matter where the evidence lives, it can be collected. Evidence is stored in a centralized source of truth, enabling ZenGRC to recommend reuse across multiple frameworks, including custom frameworks and external audit requests. With the flexibility to add multiple controls to satisfy requirements combined with the variety of evidence-collection methods, customers will achieve a holistic picture of their requirements and their ability to adhere to them.
- Advanced Automation: ZenGRC goes beyond basic automation to enhance efficiency across all areas of a business by taking the controls, evidence, third parties, threats, vulnerabilities, and assets and populating a dynamic risk score. And because it’s all driven by the data within the platform, as organizations collect evidence, resolve findings, and remediate vulnerabilities, the risk score automatically adjusts, creating a centralized and comprehensive view of risk.
- Next-Level Third Party Risk Management: ZenGRC takes Third Party Risk Management (TRPM) to a whole new level. Customers get an instant inherent risk score, enabling them to see the services that need assessments and take action quickly, simply by importing the list to ZenGRC. ZenGRC then takes it one step further by demonstrating the Third Party’s impact on compliance- aligning them to the relevant controls, compliance requirements, and other business objects to achieve total risk visibility.
- Dynamic Policy Management: Many security frameworks require annual policy approvals- but often this process is cumbersome and tedious. Initiating an approval flow and setting an expiration date for that approval empowers ZenGRC to automatically initiate tasks when it’s time to review it again.
Governance, risk, and compliance have never been more complex to manage. And with new or updated security and privacy regulations being released all the time, GRC will only get more difficult. ZenGRC is designed to aid organizations to meet their unique compliance needs, while preparing them to manage risk into the future.
What Kinds of Users and Organization Types Does ZenGRC Work With?
Designed to support a broad spectrum of industries, ZenGRC is particularly beneficial for sectors with stringent compliance requirements, such as healthcare for The Health Insurance Portability and Accountability Act (HIPAA) compliance. It caters to startups and SMBs, providing scalable solutions that grow with your business.
Whether you need to enhance your information security posture, increase framework compliance, manage third-party risks, or streamline risk management, ZenGRC’s cloud-based platform is engineered to support the diverse needs of its users, from compliance officers to IT professionals.
How ZenGRC Helps Small Businesses with GRC
ZenGRC levels the playing field for Small and Medium-sized Businesses (SMBs) by providing access to advanced GRC tools and capabilities that were once the domain of larger corporations. Here’s how ZenGRC transforms the GRC landscape for SMBs:
- Expertly Curated Content: ZenGRC is more than just a piece of technology, it serves as an extension of an organization’s GRC team. Out-of-the-box, ZenGRC offers frameworks, controls, risks, and threats pre-mapped and pre-scored by a team of in-house GRC experts, offering customers a compliance and risk baseline, with recommended treatment plans on day one.
- Framework Agnostic: ZenGRC enables customers to use built-in frameworks or bring their own at no extra charge. With the flexibility to create their own, and the scalability to add as many as they need, ZenGRC ensures that no matter what their compliance requirements are, they can monitor them in this single pane of glass.
- Collaboration and Transparency: ZenGRC perfectly blends governance, risk, and compliance into a unified, efficient system that provides comprehensive oversight and ensures transparency in operations. The goal of ZenGRC is to provide the structure organizations need for a solid foundation with the flexibility necessary to meet their business goals- all at their fingertips.
Through these capabilities, ZenGRC enables small businesses to manage their compliance and cybersecurity needs with sophistication and efficiency that was previously out of reach. By leveraging ZenGRC, SMBs can meet regulatory requirements and gain a competitive edge in their industry.
Schedule a Demo with ZenGRC
Experience how ZenGRC can revolutionize your SMB’s risk and compliance management strategies. Our SaaS platform offers an unparalleled blend of ease of use, powerful customization options, and seamless integration with both on-premise and existing systems.
ZenGRC has an in-house team of GRC professionals, with over a century of combined GRC experience, that guide product strategy and support customers with strategic planning and best practices.
Customers are assigned an onboarding representative who will help them get up and running and a success manager for the life of their contract. RiskOptics is dedicated to ensuring our customers can meet their needs and demonstrate an ROI quickly.
But it doesn’t stop there. RiskOptics hosts an online community of over 1800 customers, a quarterly User Group, and conducts regular Product Advisory Board meetings to capture feedback and vet functionality. Customers are the heart of everything RiskOptics does.
Don’t just take our word for it; experience how ZenGRC transforms risk and compliance management for SMBs. Schedule a demo today and dive into our platform’s user-friendly interface.