Governance, Risk, and Compliance (GRC) Software
Manage, Coordinate, and Track Multiple GRC Processes
Measure Your GRC Program Outcomes
Source: Based on MetricStream customer responses and GRC Journey Business Value Calculator
0
Improvement in risk reporting visibility and efficiency for the executive management and board
0
Reduction in time taken to manage compliance activities
0
Reduction in controls and associated costs
Strengthen Business Performance Through an Integrated GRC Approach
The MetricStream GRC Software solution, built on the MetricStream GRC Platform, cuts across organizational silos, enabling a holistic and collaborative approach to enterprise-wide governance, risk, and compliance (GRC) activities and processes. Risk and compliance data from across the enterprise and third-party vendors can be effectively rolled-up and transformed into actionable business intelligence to support risk-aware decision-making. With support for mobility, real-time reporting, advanced risk analytics, and regulatory notifications, the solution is comprehensively designed to meet the GRC needs of today’s complex, global enterprises and their extended ecosystem.
READ MORE Product Description
How Our GRC Software Solution Helps You
Sharpen Risk Visibility to Drive Faster Risk-Aware Decisions
Adopt a standardized enterprise-wide risk management framework with uniform risk assessment methodologies. Establish streamlined and well-defined processes for risk identification, assessment, monitoring, and mitigation. Deliver timely risk intelligence in the form of reports, dashboards, and advanced analytics for improved agility and smarter business decisions while minimizing losses.
Improve Your Regulatory Compliance Posture, Keep Potential Compliance Violations in Check
Efficiently manage compliance with a wide range of regulatory requirements, including federal, state, and local regulations, regulatory engagements, cases, and surveys. Easily align internal policies to regulations, standards, and laws. Stay on top of regulatory changes and assess their impact on your organization.
Ensure Cyber Resilience with Real-time Risk Intelligence Across the Enterprise
Amp up your cyber defense mechanism with a quantified, unified, and real-time view of risks, threats, and vulnerabilities. Mitigate IT and cyber risks efficiently and proactively while ensuring compliance with IT regulations and standards.
Safeguard Your Extended Ecosystem by Managing Third and Fourth-Party Risks
Effectively identify, assess, mitigate, and monitor third and fourth-party risks, as well as ensure compliance, track performance, and manage issues through a single point of reference. Identify and assess business continuity risks from third parties in conjunction with your plans. Leverage advanced reporting tools to proactively identify and manage third-party and fourth-party risks.
Enhance Assurance Processes, Drive Agile Risk-Based Audits
Enable agile internal audit processes, including risk-based audit planning, scheduling, workpaper management, audit execution, audit reporting, and follow-up. Save time and costs involved in setting up and managing financial controls. Establish well-defined workflows for SOX surveys and certification, efficiently plan and schedule risk assessments, and seamlessly create and evaluate control tests.
Achieve Resilience by Ensuring Uninterrupted Operations, Recovering Faster from Crises
Manage an effective business continuity and disaster recovery (DR) program with a flexible, integrated, and robust platform to orchestrate business continuity planning, risk assessments, disaster tracking, recovery action initiation, and emergency mass notification in case of crises.
How Our GRC Software Solution Benefits You
- Reduced impact on operations from siloed and uncoordinated risk assessments
- Minimized gaps and reduce cost of risk and compliance processes
- Reduction in redundant or duplicate activities
- Faster and efficient processes to gather information
- Enhanced ability to present consolidated, meaningful information and analysis
Frequently Asked Questions
GRC (Governance, Risk, and Compliance) software provides a unified framework for managing an organization's governance structures, risk management programs, and compliance obligations. Organizations need GRC software because the volume and complexity of risks, regulations, and audit requirements have grown beyond what manual, spreadsheet-based approaches can effectively manage. GRC software automates key workflows, provides real-time visibility across the organization's risk and compliance posture, and enables better-informed decision-making at every level.
MetricStream's AI-first GRC solution replaces fragmented, manual approaches—spreadsheets, emails, and siloed tools—with a unified, AI-powered system where risk, compliance, audit, cyber, third-party, and resilience programs share a common data model. Automated workflows eliminate repetitive manual tasks, real-time dashboards replace periodic reporting cycles, and AI capabilities accelerate issue identification and remediation. This integrated approach reduces the cost of GRC operations and improves the quality and timeliness of risk and compliance intelligence.
MetricStream's GRC platform covers enterprise risk management, operational risk, IT and cyber risk, compliance management, internal audit, financial controls, SOX compliance, policy management, third-party risk management, business continuity management, operational resilience, and case and incident management. These domains are managed on a single connected platform with shared libraries of risks, controls, regulations, and processes, enabling organizations to manage GRC holistically rather than as a collection of separate programs.
MetricStream's GRC platform reduces compliance costs in several ways. It rationalizes controls across multiple regulatory frameworks so that a single control can satisfy requirements from several regulations, reducing the total number of assessments required. Automated workflows eliminate manual compliance activities. AI-powered issue classification reduces triage effort. And a centralized policy portal reduces the time required to create, update, and communicate policies. Customers have reported a 90% reduction in time taken to manage compliance activities and a 39% reduction in expected regulatory losses.
MetricStream's GRC platform provides role-based executive dashboards and advanced visualizations that translate GRC data into clear, actionable intelligence for board and C-suite audiences. Dashboards display top risks, compliance status by regulation, audit findings, KRI trends, and cyber risk exposure in financial terms. Automated report generation reduces the time GRC teams spend preparing board materials, and real-time data ensures that executive briefings reflect the organization's current risk and compliance position.
MetricStream's GRC platform is designed to accommodate organizations operating across multiple regulatory jurisdictions by supporting jurisdiction-specific compliance frameworks, multi-entity organizational structures, and localized risk and compliance data. Regulatory intelligence feeds provide updates on regulations across regions, which are automatically mapped to the organization's risks, controls, and policies. Compliance status can be reported at the global, regional, or entity level, giving compliance teams the visibility they need to manage multi-jurisdictional programs efficiently.
AI is embedded throughout MetricStream's GRC platform to automate labor-intensive tasks and improve the quality of risk and compliance intelligence. AI classifies issues, identifies duplicate findings across programs, recommends remediation actions, and monitors Key Risk Indicators for threshold breaches. AI also powers smart policy search, automated audit finding summarization, and continuous threat and vulnerability monitoring. These capabilities free GRC professionals from repetitive manual work so they can focus on higher-value analysis and strategic decision-making.
MetricStream's GRC platform is a low-code/no-code cloud solution trusted by over one million professionals in 35+ countries. Its federated data model and configurable architecture allow it to scale from a single GRC domain—such as internal audit or IT compliance—to a fully integrated enterprise GRC program spanning risk, compliance, audit, cyber, and resilience. Organizations can add modules as their GRC maturity grows without replacing the underlying platform, protecting their technology investment.
MetricStream's GRC platform includes Observation Management capabilities that empower frontline business users to report risks, anomalies, and concerns through intuitive interfaces—including mobile apps, browser plugins, chatbots, and web forms—without requiring formal GRC training. Anonymous reporting options encourage employees to flag sensitive issues, including ethics violations and fraud. AI-powered triage routes observations to the appropriate teams for investigation, ensuring that risk intelligence from the front line reaches decision-makers quickly.
Implementation timelines for MetricStream's GRC platform vary based on the number of modules deployed, organizational complexity, and data migration requirements. MetricStream's low-code/no-code architecture reduces implementation time compared with traditional GRC platforms by allowing organizations to configure workflows, data models, and dashboards without custom development. Organizations typically begin with a prioritized subset of GRC capabilities and expand over time, using MetricStream's GRC Journey framework to guide program maturity development.
