How do you build a case for acquiring software for GRC?
One of the more common questions I get is how to build a case for the acquisition of software for GRC.
Sometimes, the question is about GRC as a whole (see my separate posts on that score – I advocate focusing on your business problems and not on a mythical ‘GRC’ solution). Sometimes, it’s about specific areas, such as risk management or access to IT systems.
Now, I don’t know what other vendors have done but SAP has been working to help customers with this problem. You may find this site interesting. To be fair, you will need to talk to a representative to get a better understanding of the solutions, assess how they might solve your business issues, and build the business case. But, you can get some information on what others have experienced – and the significant value they derived.
While I work for SAP, I want all prospective customers to have the best tools to build a GRC business case. In addition, I recognize that no single vendor has software solutions for all aspects of GRC. So, I welcome both stories of GRC success and links to ROI-building tools from other vendors.