Atlanta, GA (PRWEB) June 06, 2011
Compliance 360, a leading provider of Software-as-a-Service (SaaS) solutions for enterprise governance, risk management and compliance (eGRC), is hosting a webinar on the current state of enterprise risk management (ERM). The webinar, scheduled for Wednesday, June 8, at 2:00 p.m. ET, will explore the use of Key Risk Indicators (KRIs) to address common ERM deficiencies and drive proactive, strategic risk management for organizations across industries.
A recent study by the ERM Initiative at North Carolina State University found a significant need for improvement in enterprise-wide risk management processes for most organizations. Surveying senior executives from multiple industries, the study found that nearly 60 percent of respondents indicated that their risk management processes were ad hoc or informal at best. Additionally, more than 40 percent said their risk management processes were either “very immature” or “somewhat mature.”
Mark S. Beasley, Ph.D., the director of the ERM Initiative, will join executives from Compliance 360 to talk about this study in more detail and how KRIs can be used to address ERM shortcomings. Often confused with Key Performance Indicators (KPIs), KRIs measure risk and predict potentially adverse effects stemming from corporate activities.
WHAT: “Strategic Risk Oversight: Identifying and Addressing Key Challenges for Success”
WHEN: Wednesday, June 8, 2011, from 2:00 p.m.-3:00 p.m. ET
Webinar attendees will receive a copy of the ERM Initiative’s study and additional resources on KRIs.
Compliance 360 frequently hosts free webinars that cover a wide array of GRC topics for organizations in regulated industries. Both vertical-specific and cross-industry, these webinars provide invaluable education and advice on GRC news, challenges and best practices. Compliance 360 has joined forces with some of the industry’s leading authorities to help organizations stay ahead of the curve. Visit http://compliance360.com/webinars for access to on-demand webinars and information on upcoming events.
About Compliance 360
Ranked as the fastest growing GRC software vendor in Inc. Magazine’s 2010 list of America’s fastest growing private companies, Compliance 360 is the leading provider of enterprise governance, risk management, compliance and audit management solutions for companies that operate in regulated industries. With these solutions, organizations reduce risks, improve efficiencies and protect their brands using a single platform to address their comprehensive GRC requirements. The Compliance 360 Software-as-a-Service (SaaS) solution suite helps organizations address policies and procedures management, regulatory compliance management, internal and external audits, third-party risk and vendor management, contract management, incident management, fraud, waste & abuse, surveys, accreditation, enterprise risk management and IT governance. Compliance 360 is headquartered in Atlanta and assists more than 225,000 users every day in a variety of complex, regulated business environments, including healthcare, insurance, financial services and others. For more information, visit http://www.compliance360.com.
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