June 18, 2009

Press Release

BWise Explains the Benefits of GRC Convergence:
Online ROI calculator

New York, NY, ‘s-Hertogenbosch, Netherlands, June 17, 2009 – BWise the global leader in governance, risk and compliance (GRC) management software, last week released its new web site with an online ROI calculator. With the ROI calculator, BWise enables visitors to gain insight in to the potential cost savings they could realize based on an integrated approach to governance, risk and compliance management processes with BWise software.

Convergence of GRC
With the ROI calculator, BWise wants to explain the benefits of convergence; that is, an integrated approach to governance, risk and Compliance. On average, some organizations with over $500 million in revenue must comply with more than seventy regulations; the cost savings with an integrated approach can be huge. By filling in the online ROI calculator, visitors can calculate how much will be saved with a converged approach to their GRC with the BWise Solution. Luc Brandts, CTO and Founder of BWise stated, “Based on customer cases, we have seen companies save from 10 to 40% on internal costs and up to 70% on external costs by streamlining and integrating their governance, risk and compliance processes with the BWise platform.” The ROI calculator is based on the experience BWise has gained with over 40 customers. A more in depth calculation can be requested from BWise on the web site.

Whitepapers and Video Testimonials
With the release of the new web site, BWise has also released new information about challenges and new developments in the GRC market, downloadable detailed whitepapers and video testimonials from companies using BWise GRC.

GRC challenges
Clarinda Dobbelaar, Vice President of Marketing at BWise, said “We have noticed that many people still struggle with understanding what exactly is meant by GRC? What are the implications of not having a strategy for compliance and risk management in place, and what are the benefits of an automated solution like BWise? With the new web site we hope to not only inform people about BWise, but to also notify them about the GRC challenges they may face, and to offer them a platform for information about the trends and developments in the GRC market space.”

 

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