BoardX Governance, Risk, and Compliance (GRC) provides functionalities to manage issues within an organisation effectively. Issue management in BoardX involves identifying, tracking, and resolving various types of problems or concerns that may impact an organisation’s compliance, governance, or overall operations.
All issues are centralised within the BoardX platform. Users can assign owners, set priorities, and establish due dates for issue resolution.
BoardX provides workflow capabilities to automate the process of issue resolution. It can route issues to the appropriate stakeholders for investigation, evaluation, and resolution. Automated notifications can keep stakeholders informed about the status of issues.
Users can track the progress of issue resolution, document remediation activities, and verify that corrective actions have been implemented effectively. This helps in closing the loop on issues and ensures that risks are mitigated.
BoardX offers a comprehensive platform for managing issues related to governance, risk, and compliance, streamlining workflows, fostering collaboration among teams, and ensuring transparency throughout the issue resolution lifecycle. Organisations can tailor these steps to align with their specific requirements and compliance frameworks.
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