A traditional GRC system of spreadsheets, word documents and related paperwork has proved itself to be damaging when resulting in penalties, fines and litigation for audited organizations.
Atlanta, Georgia (PRWEB) March 03, 2015
Sophisticated policies and processes for Governance, Risk Management and Compliance (GRC) are not limited to large enterprises. Business and other organizations of smaller size and scope are tasked by federal and industry officials with proving compliance for a perpetually growing volume of rapidly changing rules and regulations. Regardless, organizations administering GRC have long used a burdensome and error-prone traditional system of spreadsheets, word documents and related paperwork, thus creating a higher risk of missing or incorrect information. This approach has proved itself to be not only expensive in terms of time, labor and cost, but also damaging when resulting in penalties, fines and litigation for audited organizations.
Cutera, a company with approximately 300 employees that develops high-performing, state-of-the-art, laser and light-based devices for the aesthetic medical device market around the world, realized that their traditional GRC system needed a significant upgrade for dealing with the multiplying regulatory and compliance challenges accompanying business growth. Cutera QA Manager Hemant Buch said, “We wanted a cost-effective GRC solution that was easy to operate yet scalable with our expansion into more international markets.”
The company selected Aruvio to spearhead the transition from its paper-record-based GRC system to a modern cloud-based solution. Aruvio optimized Cutera’s efficiency by implementing a single, centralized documentation system with automated processing, reducing many hours of weekly administrative paperwork. In addition, Aruvio deployed GRC modules for employee training, which yielded significantly improved testing scores, and Corrective and Preventive Actions (CAPA), which raised Cutera’s labor efficiency.
“The demand for cloud-based automation of GRC is increasing dramatically. Enterprises are quickly recognizing the superior value of a cohesive online system, without the headache of scattered offline and paper-based files, accessible from anywhere in the world 24/7,” said Aruvio VP Product Rajesh Unadkat.
Read more about how Aruvio helped Cutera achieve its GRC goals here.
Aruvio, A Virima Technologies Company, is a leading automated, cloud-based Governance, Risk Management and Compliance (GRC) solution provider, serving numerous domains such as policy management software, Enterprise IT, Finance, Operations and Legal. The company, headquartered in Atlanta, Georgia, builds and maintains a single, unified record system for compliance, quality, risks and incidents. Advanced reporting capabilities generate rapid performance data and accurate risk-related metrics for developing and managing compliance and quality processes. Learn more about Aruvio at aruvio.com or call 1-855-927-8846.
Brisbane, California-based Cutera is a leading provider of laser, light and other energy-based aesthetic systems for practitioners worldwide. Since 1998, Cutera has been developing innovative, easy-to-use products that enable physicians and other qualified practitioners to offer safe and effective aesthetic treatments to their patients. For more information, call 1-888-4CUTERA or visit http://www.cutera.com.