ServiceNow GRC

ServiceNow GRC

ServiceNow Governance Risk and Compliance Benefits

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What is ServiceNow GRC?

With the ServiceNow GRC tool, companies can identify high-impact risks, manage vendor risk, draw up audit plans, manage regulatory compliance, and ensure long-term business resilience. The software provides continuous monitoring and automation to improve compliance and risk management, improve decision-making, and boost organizational performance. In addition, only ServiceNow applications can link business security with a robust security management system that transforms manual, siloed, and unreliable processes into unified software developed on one platform.

Manage Risk with Integrated Risk Management Platform by ServiceNow and ServiceNow Premier Partner Royal Cyber.

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ServiceNow GRC

ServiceNow GRC Benefits

Integrated Risk Management

Streamlines risk handling across the organization.

Identify Risks and Assess Threats

Prioritizes and responds effectively to risks.

Simplify IT Governance

Unifies continuity, recovery, and risk programs.

Respond to Business Risks

Take swift action against emerging risks.

Test and Maintain Compliance

Automate compliance monitoring.

Improve Strategic Planning

Inform decision-making with accurate data.

Prevent Vendor Risk

Proactively manages third-party risks.

ServiceNow GRC Modules

  • Policy and Compliance Management: Streamline policy creation, dissemination, and enforcement while ensuring alignment with regulatory requirements.
  • Business Continuity Management: Ensure business resilience through proactive planning, response, and recovery strategies.
  • Operational Risk Management: Identify, analyze, and mitigate risks inherent in daily operations to maintain organizational stability.
  • Operational Resilience Management: Strengthen operational resilience by identifying vulnerabilities and implementing proactive measures.
  • Regulatory Change Management: With automated tracking, analysis, and implementation processes, stay ahead of regulatory changes.
  • Use Case Accelerators: Accelerate implementation and maximize value with pre-built solutions tailored to specific use cases.
  • Risk Management: Identify, assess, and mitigate organizational risks to safeguard against potential threats.
  • Third-party Risk Management: Assess and manage risks associated with external vendors and partners to safeguard business interests.
  • Continuous Authorization and Monitoring: Implement continuous monitoring practices to maintain compliance and security posture.
  • Privacy Management: Safeguard sensitive data and ensure compliance with privacy regulations through robust management practices.
  • Audit Management: Facilitate efficient audit processes, ensuring adherence to standards and regulatory requirements.

Royal Cyber Offerings for ServiceNow GRC

ServiceNow GRC Assessment

Uncover hidden risks and optimize compliance. Strengthen your security posture with our ServiceNow assessment.

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ServiceNow GRC Jumpstart

Fast-track your Servicenow governance risk and compliance journey with our jumpstart package

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Resources

ServiceNow GRC: Identify and Remediate Risk
On-demand Webinar
Click Here
ServiceNow GRC: Your Key Essential to Business
Blog
Click Here
Implementing CCPA Compliance: 6 Best Practices
Blog
Click Here
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Let’s Talk

ServiceNow Governance Risk and Compliance Implementation Solutions

Connect with ServiceNow partner Royal Cyber on how to prevent business disruption through compliance and risk management. 

Sales Team

1.630.355.6292

FAQs

Governance, Risk, and Compliance (GRC) is an organizational strategy that integrates the activities of governance, risk management, and compliance. It provides a structured approach to aligning IT with business goals while managing risks and meeting industry and government regulations. GRC tools are software applications that help businesses manage policies, assess risks, control user access, and streamline compliance. These tools enable the automation of risk identification and ensure compliance with regulations.

ServiceNow IRM is a complete solution for managing organizational risks. It allows continuous monitoring of risks and controls while ensuring compliance. By leveraging the Now Platform, it provides real-time insights, automates workflows, and supports a GRC strategy. Additionally, it integrates risk awareness into business processes to help organizations make informed decisions, increase efficiency, and build trust.

ServiceNow GRC is a unified approach that includes governance, risk management, and compliance. On the other hand, ServiceNow IRM emphasizes the importance of risk in an organization's internal systems. While GRC combines governance, risk management, and compliance, IRM focuses on risk awareness. IRM promotes risk management throughout the organization, which helps in making better decisions and improving overall performance.

The UCF Common Controls Hub (CCH) simplifies the process of researching, interpreting, and reconciling regulatory mandates. It allows compliance professionals to centrally scope, define, and maintain regulatory demands online. By harmonizing controls, it reduces the number of controls needed for compliance. According to the latest Washington release update, ServiceNow GRC now integrates with the UCF, enabling organizations to import compliance requirements and stay up-to-date with regulations. The Common Controls Hub API facilitates direct access to shared Authority Document lists, allowing seamless integration with ServiceNow governance, risk and compliance.