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MEGA International Releases MEGA GRC Suite, Version 3.0

Published: May 12, 2008

MEGA GRC Suite, Version 3.0 automates audit, control and risk initiatives in organizations.

MEGA INTERNATIONAL recenlty introduced the latest release of its MEGA GRC Suite, Version 3.0, software that automates audit, control, and risk initiatives in organizations. The new software is united by a common technology platform and user interface for easy, focused management of these key functions to achieve effective governance, risk and compliance (GRC) planning and operations.

The latest MEGA GRC Suite is unique in its recognition of the overlap in audit, risk, and control activities; it offers a common platform through a global repository to centralize and coordinate all data relating to these areas in a single searchable environment that can be shared between departments, divisions, work groups or committees.

"While most companies claim to have GRC practices in place, most are not as protected as they should be and would not meet the most stringent audit requirements if tested,” noted Michael Rasmussen, President, Corporate Integrity, a GRC strategy advisory firm. “Many corporate problems are caused by a lack of relevant controls and indicators, and a misunderstanding of how these relate to a company’s business strategy and practices.”