Rsam is powerful enough to handle dozens of use-cases, offers out-of-the-box solutions, and can be implemented much quicker that other enterprise-class platforms.
Secaucus, NJ (PRWEB) December 18, 2012
Rsam, a leading provider of Governance, Risk, and Compliance (GRC) solutions, today announced the largest US-based Pharmacy Benefit Management organization has selected the Rsam GRC Platform to satisfy ongoing healthcare industry related risk and compliance management requirements.
Pharmacy Benefit Management organizations or PBMs manage prescription drug plans for employers and insurers requiring them to satisfy HIPAA compliance regulations. Having undergone a major acquisition earlier this year, the newly formed organization selected the Rsam GRC Platform to automate compliance management globally as well as convert all GRC processes from another eGRC vendor into Rsam.
Typically, large organizations such as this BMP are seeking a platform that is comprehensive, yet offers a low total cost of ownership. Rsam was selected because it is powerful enough to handle dozens of use-cases, offers out-of-the-box solutions, provides the ability for the organization to build their own use cases and can be implemented much quicker that other enterprise-class platform tools.
“We are excited to have won this large enterprise deal,” says Vivek Shivananda, CEO of Rsam. “Rsam has been a strong player in the healthcare space for the last decade. With continued technology innovation, strong integration of the HITRUST CSF Framework and its successful implementations, we expect Rsam’s large healthcare customer roster to grow even further in the near future.”
Rsam is one of the most widely deployed IT-GRC solutions meeting the needs of many types of organizations and verticals. Over the past year, Rsam has awarded more and more GC deals that go beyond the beyond their initial IT GRC use-cases and are integrating enterprise risk management processes into Rsam. In addition, many organizations are leveraging Rsam’s extensible platform to build their own applications and deploying additional production instances among other groups within their enterprise.
Rsam is a widely deployed IT GRC solution on an E-GRC platform, meeting the needs of many types of customers and verticals. Since 2003, Rsam has been successfully implemented at hundreds of organizations and government agencies to help them effectively identify, assess, manage and mitigate risks, while providing enterprise-wide visibility, oversight and assurance. Rsam’s modular solutions streamline the GRC process while reducing costs in the areas of Assessments, Audit, Compliance, Enterprise Risk, Incident Management, Issues & Remediation, Policy Management, Threat & Vulnerability Management, and Vendor Risk.