With today's ever more stringent regulatory pressures, tighter corporate governance and the increasing need for sustainable environments, the raft of existing and emerging compliance issues demand escalating attention.
The most effective Governance, Risk and Compliance (GRC) management system will display the following characteristics:
- More efficiency through good workflow management and consistency of data
- The ability to automate intensive data manipulation and other manual tasks
- Enhanced risk and controls management through tighter data integration
- Local and global reporting of all data
- Built-in, best-in-class reporting and analytical capabilities
- Improved ability to track, measure, report on and analyse risks, controls and metrics
- A single IS solution for all local and global requirements.
Optial is a web-based governance, risk and compliance (GRC) management system that supports the full spectrum of GRC activities, from EHS and Sarbanes-Oxley through all areas of incident and risk management, controls monitoring, audit and business continuity reporting to regulators and the board ... all within one system.
The Optial system provides a company with the tools to measure, monitor, anaylse and report activities across the whole organisation along with the guidance to achieve business objectives and reduce corporate risk and legal liabilities.
Optial Solutions
For all businesses, regardless of industry (e.g. Energy, Rail, Pharmaceuticals and Oil & Gas), Optial’s ability to manage losses and risks in conjunction with compliance and audit activities within s single system is very powerful. Dramatic cost reductions can be achieved, along with other benefits such as more effective processes, ownership and increased transparency.
In addition to a comprehensive suite of standard reports such as dashboards, statistics and indicators, Optial’s new generation business intelligence reporting tool Optial Business Intelligence (OBI) delivers slice and dice data analytics and graphical management information. Optial’s Web Services interfaces and software developer kit enable simplified integration with other systems for two-way automated data exchange and single sign on.