{"id":8673,"date":"2021-08-30T18:22:35","date_gmt":"2021-08-30T18:22:35","guid":{"rendered":"https:\/\/zhorse.net\/?page_id=8673"},"modified":"2023-05-21T21:54:10","modified_gmt":"2023-05-21T21:54:10","slug":"faqs","status":"publish","type":"page","link":"https:\/\/zhorse.net\/faqs\/","title":{"rendered":"FAQ\u2019s"},"content":{"rendered":"\t\t
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FAQ's<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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. . .<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat exactly is GRC software?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

GRC software is a tool that allows organizations to document, manage and report on the risk profile of the business.\u00a0 Through systemic processes embedded in the software, employees can determine where risk exists, what controls have been developed to address those risks and determine how effective controls are in addressing each specific risk.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tAs a CEO, what value does GRC software provide me in dealing with the Board of Directors?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

While there are many benefits to utilizing GRC software, one of the most effective is the ability of a CEO to demonstrate to the Board of Directors exactly how his management team is defining and managing risk. Through demos of the software as well as reports generated by the software, a CEO can highlight management of individual risks and integrated risks thereby giving the Board of Directors comfort that the business is on top of this important aspect of the business.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tI own a small single product manufacturing company. How can I take advantage of GRC software?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

Because all businesses deal with risks GRC software can provide real value. For example, completing a comprehensive risk assessment may highlight gaps in current control processes. Also, a good GRC will document the businesses risk and controls so stakeholders will feel comfortable with management. Finally, GRC can provide a competitive advantage by allowing management to leverage well-managed risk in opportunity exploitation.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat are the benefits of GRC software?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

There are many benefits. From the simple documentation of risks and controls to development of Key Risk Indicators and Key Performance Indicators to Board and Investor reporting, GRC can help an organization demonstrate a systemic, comprehensive and integrated risk management process.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat does \u201cintuitive\u201d GRC really mean?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

Intuitive GRC is simply that the software is designed to follow a logical risk based flow making it easy for any employee to use the software. This is pivotal in creating an effective risk management system and developing a risk management culture within the organization.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tShould GRC be accessible to all my employees?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

Absolutely. In fact, why wouldn\u2019t it be? Every employee deals with risk and should be able to share in the identification of risk, provide input on effectiveness of controls, and recommend solutions to risk based problems. This is how cultures are built and customer satisfaction is generated.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tI hear a lot about integrated risk management. How does GRC software help us integrate our risk management processes?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

Leveraging GRC software to provide integrated perspectives is fairly simple. First, you need to ensure that the risks impacting your business are segmented into categories. Then, while populating the software you have to ensure that linkages between the risk categories are highlighted and indicated in the software. Then simply create the reports showing the impacts of the risk categories based on their interactions amongst themselves.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhat do we mean by RSP's<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

RSP<\/strong> is an acronym that stands for Regulations, Standards and Policies. The RSP Module in Z Horse will allow you to upload all the information regarding the adherence with mandated boundaries (laws and regulations) as well as voluntary boundaries (company\u2019s policies, procedures, etc.).<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tZHORSE states that their software solution is strong and agile. Exactly what does \u201cStrong\u201d and \u201cAgile\u201d mean in the context of a GRC solution?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t

When we say that ZHORSE<\/strong> is a strong GRC<\/strong> solution we refer to the power of the software. Any solution should permit multiple users, easy and timely dataflow, and enough modules that can easily integrate for deep analysis. ZHORSE<\/strong> offers this powerful approach to GRC.<\/p>

When we talk about \u201cAgile<\/strong>\u201d we are referring to the ease of pivoting from on module to another, from input to analysis, from data flow to data monitoring and from data review to data reporting. The agility required to quickly move from one place to another is exactly what ZHORSE<\/strong> provides.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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FAQ’s . . . What exactly is GRC software? GRC software is a tool that allows organizations to document, manage and report on the risk profile of the business.  Through systemic processes embedded in the software, employees can determine where […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-8673","page","type-page","status-publish","hentry"],"yoast_head":"\nFrequently Asked Questions - Z Horse - GRC \/ ERM Software<\/title>\n<meta name=\"description\" content=\"if you have any questions or want to know what are the most frequently asked questions about our software, log in now and learn more about our GRC\/ERM software\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zhorse.net\/faqs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Frequently Asked Questions - 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