Protiviti releases new version of the Governance Portal
MENLO PARK, Calif., June 24 /CNW/ -- Protiviti Inc., a global business
consulting and internal audit firm, today announced the release of the
Governance Portal(TM) version 3, a software solution to manage governance,
risk and compliance (GRC). The Governance Portal integrates Protiviti's
proprietary content and consulting expertise with commonly accepted governance
frameworks to establish a comprehensive platform that gives organizations the
visibility and insight they need to manage and mitigate critical risk and
"Companies are increasingly challenged to balance the demand to increase
performance with the need to minimize risk," said Scott Gracyalny, managing
director and global leader of Protiviti's Risk Technology Solutions practice.
"With the Governance Portal, we deliver a cost-effective solution for
compliance with internal and external policies, procedures and regulations,
along with the ability to dive deeper into the GRC activities that can add the
most value to our customers. Companies choose the Governance Portal because it
allows them to continue to aggressively pursue their corporate objectives as
they strive to uphold the values of the organization and reduce overall risk."
The latest release of the Governance Portal enables all key elements of a
GRC program, including the following:
-- Management can define the appropriate policies and procedures and then
map them across the enterprise to understand the impact of policy
changes and to drive certification.
-- Risk and control self-assessments support real-world scoring
that help organizations consider both quantitative and qualitative
drivers of risk, including financial loss, business continuity,
regulatory impact, reputational exposure and human resources.
-- An integrated survey feature makes it easy to involve stakeholders --
including employees and suppliers -- in the assessment process while
continuously updating underlying elements of the risk and control
-- An event and loss management capability facilitates the collection of
actual, external and virtual loss data and supports integration with
third-party source systems. Loss data can be recorded in local
and converted to the base currency based on historical exchange rates.
-- Key indicators enable organizations to measure both performance and
risk, giving them more confidence to aggressively pursue their
corporate objectives while still managing risk.
-- The audit management capability includes enterprise risk assessment,
scheduling and resource management, execution, reporting and
monitoring/follow-up. Auditors are also able to complete fieldwork
while disconnected from a server or the Internet. Audits are performed
against the central risk and control register while allowing auditors
to secure their detailed audit work. This interaction contributes to
management's overall GRC perspective while maintaining independence of
-- Issues and action plans are contributed to a central repository from
all GRC communities within the organization, thus providing a single
platform for managing all findings across the enterprise.
-- A reporting engine provides management with an integrated outlook for
decision-making that balances performance with assessment of risks.
"This latest release of the Governance Portal provides our customers with
the platform to enable strategic processes that sustain operating results in
this challenging economic climate," said Gracyalny.
Protiviti (www.protiviti.com) is a global business consulting and
internal audit firm composed of experts specializing in risk, advisory and
transaction services. The firm helps solve problems in finance and
transactions, operations, technology, litigation, governance, risk, and
compliance. Protiviti's highly trained, results-oriented professionals provide
a unique perspective on a wide range of critical business issues for clients
in the Americas, Asia-Pacific, Europe and the Middle East.
Protiviti has more than 60 locations worldwide and is a wholly owned
subsidiary of Robert Half International Inc. (NYSE: RHI). Founded in 1948,
Robert Half International is a member of the S&P 500 index.
Protiviti is not licensed or registered as a public accounting firm and
does not issue opinions on financial statements or offer attestation services.
For further information:
For further information: Kathy Keller of Protiviti, +1-650-234-6252,
email@example.com Web Site: http://www.protiviti.com