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Glossary › Governance, Risk, and Compliance (GRC)
What is Governance, Risk, and Compliance (GRC)?
GRC aligns organizational objectives with regulatory requirements, internal controls, and risk management activities. It ensures coordinated governance and reduces fragmentation. In TPRM, GRC platforms centralize vendor monitoring, assessments, and evidence tracking.
FAQs
Why integrate governance, risk, and compliance?
It improves transparency and reduces duplication.
Does GRC include vendor oversight?
Yes, TPRM is often part of GRC programs.
Does GRC improve audit readiness?
Yes, through structured documentation.
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