Now the time has came when India’s listed companies start seeing importance of Governance, risk and compliance (GRC) management systems after what happened to Satyam.
Almost 90 per cent of India’s listed firms do not have a single system that rolls up the entire enterprise. They have multiple systems. If you don’t have one platform that can pull out the relevant data, the risk is much higher, MetricStream’s head of Asia Pacific Shankar Bhaskaran says.
Source: Deccan Chronicle