What is the most widely used vendor of GRC software? The answer is Microsoft! Virtually all organization's make use of spreadsheets and word documents to manage some aspect of their GRC activities - why, because spreadsheets and word documents are familiar to everyone.

If you are one of those organizations, you'll also be aware of some of the uglier sides of their use:

• Keeping them up-to-date can be a nightmare, especially when you have to manage numerous spreadsheets and collaborators
• Flagging critical changes, e.g. failed controls or critical risks in a timely manner is hugely challenging
• It's hard to keep an audit trail of changes and to manage important signoff and approval processes.

At Xactium we can help solve the challenge of using spreadsheets for managing risk and compliance by replacing them with a modern, on-demand, easy to use, web-based solution. Moreover, if you have to reconcile multiple sources of risk or compliance information, the fact that our solutions are built on a common platform and delivered over the internet, means that they can be connected together with ease. Importing existing spreadsheet data is also very simple, as is managing security and reporting.

Why not let us demonstrate how quickly we can customize our solution to your needs - right in front of your eyes. We offer a free half day build it now service, where we take your spreadsheet format and build out a solution for you. Contact ian.royle@xactium.com for more information.

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