TESI GRC CORA

TESI GRC CORA is a governance, risk, and compliance (GRC) solution offered by TESISQUARE. According to the vendor, this solution is designed to help companies manage and mitigate risks, ensure compliance with regulations and standards, and improve overall governance processes. It provides a comprehensive set of tools and functionalities to support risk assessment, policy management, compliance monitoring, incident management, and reporting.

Key Features

Risk Assessment: TESI GRC CORA provides a risk assessment module that allows users to identify, evaluate, and prioritize risks across the organization. According to the vendor, users can define risk criteria, assess the likelihood and impact of risks, and assign risk owners. The solution supports the creation of risk mitigation plans and tracks the progress of risk mitigation activities.

Policy Management: TESI GRC CORA offers a policy management feature that enables users to create, distribute, and track compliance with policies and procedures. Users can define policy requirements, assign policy owners, and track policy revisions and approvals. The solution provides automated notifications and reminders to ensure policy compliance, according to the vendor.

Compliance Monitoring: TESI GRC CORA includes a compliance monitoring module that allows users to track and monitor compliance with regulations, standards, and internal controls. Users can define compliance requirements, map them to specific controls, and track the status of compliance activities. The solution provides real-time dashboards and reports to monitor compliance performance and identify areas of non-compliance, according to the vendor.

Incident Management: TESI GRC CORA features an incident management functionality that enables users to capture, track, and manage incidents and breaches. Users can record incident details, assign investigation tasks, and track the resolution of incidents. The solution provides automated workflows and notifications to ensure timely incident response and resolution, according to the vendor.

Reporting and Analytics: TESI GRC CORA offers reporting and analytics capabilities to provide users with insights into risk, compliance, and governance performance. Users can generate customizable reports and dashboards to track key metrics, monitor trends, and communicate performance to stakeholders. The solution supports data visualization, drill-down capabilities, and ad-hoc reporting to facilitate data analysis and decision-making, according to the vendor.

Workflow Automation: TESI GRC CORA includes workflow automation features that streamline and automate governance, risk, and compliance processes. Users can define process workflows, assign tasks and responsibilities, and track the progress of activities. The solution provides automated notifications, reminders, and escalations to ensure process efficiency and adherence to timelines, according to the vendor.

Document Management: TESI GRC CORA offers document management capabilities to centralize and manage governance, risk, and compliance-related documents. Users can store, organize, and version control documents, such as policies, procedures, and regulatory guidelines. The solution provides document search and retrieval functionalities, ensuring easy access to relevant documents, according to the vendor.

Integration and Collaboration: TESI GRC CORA supports integration with other systems, such as ERP and CRM systems, to streamline data exchange and ensure data consistency. The solution enables collaboration and communication among stakeholders through features such as commenting, task assignment, and document sharing. Users can collaborate on risk assessments, policy reviews, and compliance activities, facilitating cross-functional collaboration, according to the vendor.

Audit Trail and History: TESI GRC CORA maintains a detailed audit trail and history of all activities and changes within the system. Users can track user actions, system changes, and data modifications for compliance and audit purposes. The solution provides a comprehensive audit trail log that captures user, date, and time stamps for all system activities, according to the vendor.

User Access and Permissions: TESI GRC CORA offers user access and permissions management capabilities to ensure data security and privacy. Users can define user roles, assign access permissions, and manage user accounts. The solution provides granular access controls, allowing organizations to enforce segregation of duties and limit access to sensitive information, according to the vendor.