Simplified Approach Integrates With ACL Data Analysis Technology
VANCOUVER, British Columbia, May 29, 2013 /CNW/ - ACL today announced the launch of ACL™ GRC, the first data-driven,
cloud-based governance, risk management and compliance (GRC) solution.
ACL GRC quickly delivers value across the organization by integrating
risk management objectives with data-driven analysis and decision
making. The solution replaces shared-drive and fragmented technology
approaches to GRC management, while promoting best practices,
communication and alignment of disparate GRC functions across the
ACL GRC capabilities span:
- Risk management: Perform enterprise-wide risk assessment to drive mitigation efforts
across all risk and control groups.
- Project management: Efficiently plan and organize engagements for all audit, risk and
compliance management programs, through to execution and reporting,
including global tracking and reporting of issues.
- Results management: Share and manage data analysis results from ACL™ Analytics, drive remediation activities and track outcomes, enabling informed,
data-driven risk assessment, prioritization and decision making.
"Traditional audit roles are expanding to risk and compliance, creating
a need for GRC technology to support the three lines of defense in
effective risk management: Operational Management, Risk Management and
Compliance Functions, and Internal Audit," said Richard Chambers, President and CEO of The Institute of Internal Auditors. "Bridging the current gaps between these lines of defense is critical
to improving communication and integrating GRC activities across an
In today's constantly changing, volatile business landscape, ACL's SaaS
model minimizes IT burden, while providing the highest level of
security and centralized 24/7 cloud access from anywhere. ACL GRC
enables remote and mobile users to stay productive through its
innovative smartphone and tablet interfaces. ACL GRC also supports
data-driven decision making through integration with ACL Analytics, a
powerful, cost-effective data analysis tool, linking transaction level
information to corporate level risks. The new offering will integrate
with server-based ACL™ Analytics Exchange to enable continuous risk
"Customers were telling us that they wanted to apply the simplicity and
effectiveness of ACL's existing audit solutions to their broader GRC
needs, so a full GRC offering is a natural next step," said President and CEO of ACL, Laurie Schultz. "We aim to provide a straightforward solution and continue to lead the
way in cutting edge innovation by placing GRC in the cloud, which also
creates a cost benefit for the user."
A webinar on June 19 will demonstrate how to simplify GRC. Register for
"ACL GRC: A Fresh Solution for Governance, Risk and Compliance" at www.acl.com/fresh-grc.
ACL delivers technology solutions that are transforming audit and risk
management. Through a combination of software and expert content, ACL
enables powerful internal controls that identify and mitigate risk,
protect profits, and accelerate performance.
Driven by a desire to expand the horizons of audit and risk management
so they can deliver greater strategic business value, we develop and
advocate technology that strengthens results, simplifies adoption, and
improves usability. ACL's integrated family of products—including our
cloud?based governance, risk management and compliance (GRC) solution
and flagship data analytics products—combine all vital components of
audit and risk, and are used seamlessly at all levels of the
organization, from the C?suite to front line audit and risk
professionals and the business managers they interface with. Enhanced
reporting and dashboards provide transparency and business context that
allows organizations to focus on what matters.
And, thanks to 25 years of experience and our consultative approach, we
ensure fast, effective implementation, so customers realize concrete
business results fast at low risk. Our actively engaged community of
more than 14,000 customers around the globe—including 89% of the
Fortune 500—tells our story best. Here are just a few. Visit us online at www.acl.com.
© 2013 ACL Services Ltd. ACL and the ACL logo are registered trademarks
of ACL Services Ltd. All other company and product names are trademarks
of their respective owners.
For further information:
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