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Dynamics RiskGuard | The Ultimate GRC Management Solution

24th Jun, 2024

Managing Governance, Risk, and Compliance (GRC) can feel like navigating a labyrinth. The complexities involved in maintaining data security, regulatory compliance, and operational efficiency are complex.

Enter Dynamics RiskGuard, a cutting-edge solution designed by Dotcom Software to streamline these processes and transform how your organisation handles GRC. Built upon the robust Microsoft Power Platform, Dynamics RiskGuard offers a comprehensive, intuitive, and user-friendly experience.

Say goodbye to fragmented systems and hello to a unified, efficient, and secure approach to GRC management.

What Is GRC?

GRC, Government Risk and Compliance, refers to the framework of practices, processes, and structures that organisations put in place to manage operations efficiently while ensuring compliance with regulations and internal policies.

Although these three components are interconnected, they remain distinct activities within an organisation. GRC is a critical aspect of organisational governance, as it helps maintain integrity and accountability, promotes transparency, and protects against risks.

The Challenges of Managing GRC

The complexity of managing GRC can be intimidating for any business. With multiple regulatory frameworks to comply with and ever-increasing data privacy requirements, businesses must have robust systems in place to ensure compliance.

However, many companies still rely on manual processes or outdated software to manage GRC. This approach is time-consuming and resource-intensive, leaves room for human error, and increases the risk of non-compliance.

Fragmented systems and siloed data also make it challenging to comprehensively view an organisation's compliance status. This leads to inefficiencies and potential risks slipping through the cracks.

The Solution: Dynamics RiskGuard

Dynamics RiskGuard offers a holistic solution designed by us to address these challenges by providing organisations with a unified platform to manage GRC.

Built upon the secure and scalable Microsoft Power Platform, Dynamics RiskGuard streamlines all aspects of GRC, making it easier to comply with regulations and internal policies.

Centralising all GRC data on one platform, Dynamics RiskGuard provides a real-time view of an organisation's compliance status. This visibility enables businesses to proactively identify potential risks and take corrective actions promptly.

The Services Offered

Dynamics RiskGuard offers a comprehensive service package to streamline a business's setup and maintenance. The services include:

1. Unified Data Environment Management

  • Streamlined Schema Customisation: Customise your data model with tailored entities and relationships to seamlessly align with your business processes.
  • Advanced-Data Security: Employ detailed access controls and sophisticated security models to safeguard sensitive information while ensuring appropriate data accessibility.

2. Data Governance & Compliance

  • Robust Data Policies: Develop and implement data governance policies that adhere to regulatory standards, ensuring high data quality and compliance.
  • Audit and Compliance Tracking: Maintain detailed audit trails for data access and modifications to support compliance and forensic analysis.

3. Analytics and Insights

  • Data Visualisation and Reporting: Utilise integrated analytics tools to convert your data into actionable insights with engaging visualisations and comprehensive reports.
  • Predictive Analytics: Basic reports and dashboards.

4. Integration and Connectivity

  • Seamless Application Integration: Facilitate smooth data flow between Dataverse and your applications to ensure data consistency and integrity.

5. Custom Development and Extension

  • Custom Solution Development: Design bespoke applications and workflows within Dataverse to address unique business requirements, thereby boosting operational efficiency.

6. Training and Support
 

  • Dedicated Technical Support: Gain access to expert assistance for troubleshooting, technical inquiries, and best practices to maximise your Power Platform investment.

The Benefits

Implementing our Dynamics RiskGuard offers more than just risk management advantages. Here are some key benefits you can expect:

Streamlined Vendor Engagement: 

  • Simplify your operations by consolidating all Microsoft services under a single expert provider. This eliminates the complexities of multi-vendor management.

Financial Optimisation

  • Cost-Effective Solutions: Leverage our consolidated service framework to achieve significant cost savings. Our economies of scale ensure your investment delivers greater value.
  • Tailored Integration: Enjoy the seamless integration of M365, Azure, and Power Platform services under our management.

Enhanced Operational Synergy

  • Agile IT Environment: Our integrated approach ensures your applications, data management, and cloud infrastructure work harmoniously, resulting in a more dynamic and responsive IT framework.
  • Strategic Reporting Insights: Gain comprehensive insights during monthly steering committee meetings, where we present unified reports detailing performance, integration successes, and optimisation opportunities.

Real World Scenario

Here is a real-world scenario:

A healthcare organisation adopts Dynamics RiskGuard to boost its compliance with healthcare regulations. It invests $5,000 in implementation and training, followed by an annual license costing $25,000.

This strategic investment streamlines their risk management processes, significantly reducing and automating compliance-related incidents while ensuring alignment with industry standards.

Without Dynamics RiskGuard, the organisation would face costs associated with manual compliance efforts and potential penalties for non-compliance. 

By investing in our solution, they save on operational expenses and mitigate any risks that may arise from non-compliance.

Want To Implement The Ultimate GRC Solution?

If your organisation wants to streamline your GRC management, Dynamics RiskGuard is the solution for you.

Contact us today to schedule a consultation and learn more about how we can help your business achieve enhanced compliance and operational efficiency.

Let us take the burden of GRC management off your shoulders so you can focus on what matters most - growing your business.

Dotcom Software Solutions

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Dotcom Software Solutions