GRC Software Return on Investment
High Value from Basic ROI Benefits
Finding and landing on an accurate measure of return on investment (ROI) for your GRC platform is an imperative component for any organization. The costs of a new platform need to align with the desired or projected ROI, and while it’s easy to map out what the tangible results from a GRC solution should be, it is the intangibles that provide the best ROI, or in most cases, the highest value of investment.
Calculating and determining true return on investment from GRC software comes from the upgraded performance achieved following the installation of a new program. Look at a three-year projection when lining up costs and benefits from a platform—the benefits, in most cases, will not be immediately apparent. After implementing a new solution, give it time to runand show its real benefits.