Solution Components
BWise delivers a Governance, Risk and Compliance (GRC) management platform, that is composed of nine components. The platform guarantees full coverage of all risks with no gaps, omissions or loose ends, resulting in a GRC solution from BWise that is unequalled in the marketplace.
Select components
Depending on the need of each organization, customers can choose whether to implement a single component, multiple components or the complete GRC solution. The solution can also be implemented in stages or every component can be implemented from the start. All components are an integrated part of the GRC platform, so customers can decide what they need to purchase and implement now, and add other components at a later time.
Embed GRC into your organization
The BWise Platform consists of four layers, a Governance layer, Risk layer, Compliance layer and Process Management layer. Each layer is divided into three components that have the required capabilities to fully embed Governance, Risk, Compliance and Process Management into an organization. The BWise GRC platform will also enable companies to prove to external parties, such as external accountants or consultants, or government regulators that it is in control of its internal controls and risks. To enable enterprises to get a quick start on their GRC, BWise provides numerous best practice
templates that can be implemented rapidly and address specific organizational or sector specific needs.
Drive efficiencies and improve business performance
Process management is the basic layer that enables an organization to truly integrate the individual governance, risk and compliance processes, and to drive efficiencies based on the reduction of key controls and audit costs. An effective GRC system, based on process management, enables a company to have more secure control over growth activities, enabling subsidiary establishment as an example, in a matter of weeks. On a day to day basis, process management will show customers how processes are performing and where improvements are required. This will enable an increase in business performance.
