Risks are inevitable when running a business, whether legal, financial, or cyber. Enterprises must take risks to move forward and grow. However, risks only work in a company’s favor when taken safely and confidently with a robust risk management platform readily available. As a leading GRC solution provider, Onspring aims to transform the business world by converting risky and complex operations into automated, effective, hassle-free, and cost-efficient tasks.
With its no-code, flexible GRC software, Onspring simplifies complex technologies. The company’s no-code platform allows companies to administer and use it without depending on app developers. Instead of relying on manual spreadsheets and siloed processes, Onspring creates innovative enterprise risk management, internal audit management, GRC, third-party risk management, vendor management, ESG, and business continuity and recovery solutions.
Onspring’s Governance, Risk & Compliance (GRC) software makes governance, risk management, and corporate compliance easier by aligning them with evolving business goals. This comprehensive software goes beyond basic governance, risk, and compliance practices; it unifies the entire business ecosystem by connecting strategies, coordinating processes, and building a resilient and robust architecture.
Onspring aims to simplify GRC management, and it achieves its goals by managing governance frameworks such as ISO, NIST, and CMMC. With its GRC platform, Onspring automates lifecycle workflows, compliance testing, and attestations across functional areas. It also builds a detailed risk register to automate risk assessments, tier and track vendors, and integrate crucial ratings from cyber and financial monitoring services. Furthermore, it monitors performance using live dashboards comprising key metrics, risk scores, and audit activity status.
The Onspring GRC software targets all governance, risk, and compliance issues by merging the solutions in a single location. It handles risk management using the built-in central risk register, automating assessments, and emphasizing risk analyses. To solve internal audit problems, the GRC platform creates audit universe plans, consolidates fieldwork, and manages work papers.
Our focus on consistent and responsible growth has fueled our financial strength and ability to deliver ROI for customers. — Chris Pantaenius, CEO
Compliance is integral to running a business. Business owners must model their strategies and goals according to changing compliance needs. Onspring ensures companies comply with regulatory compliance by implementing a control library and designing and operating tests. For policy management concerns, Onspring provides policy portals, authorization and attestations, and the ability to manage exceptions. The platform also onboards new vendors, tracks mitigations, and manages assessments to tackle third-party and vendor risks.
Onspring’s GRC platform enables ESG risk management through materiality mapping, providing instant performance scores, and generating audit-ready reports. Onspring offers tools such as intake and catalog, impact evaluation, and response management for organizations looking for an incident and asset management program. To ensure an enterprise maintains continuity and recovery, the Onspring software links BIAs and allows automated testing.
Onspring provides its products and solutions to enterprises and corporations worldwide. One of Onspring’s leading global entertainment corporation clients wanted to streamline its governance, risks, and compliance processes. However, the organization could not compile and unify processes due to incompatible tools across its financial compliance and internal audit teams. The client turned to Onspring for concise and efficient solutions for real-time reporting and user-friendly dashboards to meet SOX compliance.
After administering the Onspring platform, the client received an all-in-one software that tackled all governance, risk, and compliance issues. With Onspring’s help, the entertainment corporation saved time and money by automating financial compliance and internal audit instead of wasting resources tracking and entering data in multiple locations.
The Kansas-based company believes in a customer-centric approach. Despite being a technology-based company, Onspring creates GRC solutions keeping its clients at the forefront. It understands and analyses unique business needs to design customized solutions for simplified workflows, process transparency, and ending manual tasks.