The management of the evidence of the operation of the controls was completely manual, after the implementation of GlobalSuite® we have traceability risks-controls-evidences, alerts to those involved and thus we have been able to save time and errors very considerably.
Energy companies have increased risk management expectations. These include understanding many operational risks such as commercial, health, environmental safety, information technology, information security, business continuity, and more. For these issues, organizations are full of policies, procedures and restrictions regarding security, internal controls and quality. Silos in risk management in all departments of companies create inefficiencies in management, resource allocation, and above all in this way you get an incomplete view of the risk profile. This requires companies in the energy sector to adopt a GRC solution that combines risk management, compliance management and auditing into an integrated solution. This will provide the information to improve business and decision making.