What is a GRC platform and why do organizations need one?
A GRC (Governance, Risk, and Compliance) platform is software that helps organizations manage regulatory requirements, assess and mitigate risks, and enforce internal policies in a single system. Organizations need GRC platforms to replace fragmented spreadsheets and siloed tools, providing real-time visibility into risk posture and compliance status across the enterprise.
How do you choose the best GRC software for your company?
The best GRC software depends on your organization's size, industry, and compliance requirements. Key factors include framework support (ISO 27001, NIST CSF, SOC 2, GDPR), ease of risk assessment workflows, reporting and dashboard capabilities, integration with existing tools, and whether the platform supports automated evidence collection for audits.
What is the difference between risk management and compliance management?
Risk management identifies, assesses, and mitigates threats to organizational objectives — it is forward-looking and strategic. Compliance management ensures the organization meets specific regulatory requirements and standards — it is rules-based and evidence-driven. Modern GRC platforms integrate both, linking risks to controls and controls to compliance requirements.
What compliance frameworks should a SaaS company implement first?
Most SaaS companies start with SOC 2 Type II for customer trust, ISO 27001 for international credibility, and GDPR if they handle EU personal data. The right starting point depends on customer requirements and target markets. A GRC platform with multi-framework mapping allows you to implement controls once and satisfy multiple frameworks simultaneously.