Cost Savings and Business Benefits Enabled by GRC
The three-year return on investment of Riskonnect’s integrated GRC technology is as much as 280%, according to a new study conducted by Forrester Consulting.
Forrester Consulting recently completed a Total Economic Impact™ study to help organizations quantify the potential ROI of Riskonnect’s GRC solution. The study took an in-depth look at one financial services firm in the U.S. that implemented Riskonnect GRC – including Enterprise Risk Management, Internal Audit, Compliance, and Third-Party Risk Management – to project a three-year ROI.
The study offers specific cost-savings data from:
- Reducing manual labor
- Streamlining Third-Party Risk Management workflows
- Avoiding of regulatory penalties
The study also offers insight into benefits that aren’t as easily quantified, including the advantages of managing risk in real time, more proactively, and with better visibility across business units.
To read the full study, The Total Economic Impact™ Of Riskonnect GRC, December 2021, a commissioned study conducted by Forrester Consulting on behalf of Riskonnect, please complete the form »