{"id":15628,"date":"2022-07-04T11:34:28","date_gmt":"2022-07-04T11:34:28","guid":{"rendered":"https:\/\/kanini.com\/?p=15628"},"modified":"2023-11-06T11:27:18","modified_gmt":"2023-11-06T11:27:18","slug":"four-fundamental-use-cases-of-servicenow-grc-solution-2","status":"publish","type":"post","link":"http:\/\/kanini.com\/blog\/four-fundamental-use-cases-of-servicenow-grc-solution\/","title":{"rendered":"Four Fundamental Use Cases of ServiceNow GRC Solution"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"15628\" class=\"elementor elementor-15628\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-39af745 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"39af745\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b00ea8c\" data-id=\"b00ea8c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5b4f15d elementor-widget elementor-widget-text-editor\" data-id=\"5b4f15d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 10-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>In this fast-growing technology environment, enterprises are expected to stay on top of the risks to tackle the cybersecurity threats, IT, vendor, and digital risks. Organizations that follow a manual workflow process are at higher risk with many new regulatory standards on their way.<\/p><p>In recent times, enterprises running on a legacy GRC (governance risk compliance) solution have faced digital disruptions leading to revenue and productivity loss.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fca32f3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fca32f3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-83c8c7f\" data-id=\"83c8c7f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-71c8e04 elementor-widget elementor-widget-image\" data-id=\"71c8e04\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 10-04-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"169\" src=\"https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/Servicenow-GRC-Solution-Gartner-Report-1-1024x216.jpg\" class=\"attachment-large size-large wp-image-4455\" alt=\"\" srcset=\"https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/Servicenow-GRC-Solution-Gartner-Report-1-1024x216.jpg 1024w, https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/Servicenow-GRC-Solution-Gartner-Report-1-300x63.jpg 300w, https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/Servicenow-GRC-Solution-Gartner-Report-1-768x162.jpg 768w, https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/Servicenow-GRC-Solution-Gartner-Report-1.jpg 1284w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-436c8e7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"436c8e7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-05e00ce\" data-id=\"05e00ce\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fff8837 elementor-widget elementor-widget-text-editor\" data-id=\"fff8837\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><p>A robust grc integrated risk management program within the organization will keep the board of directors updated on the current risk status. Being the Gartner\u2019s Magic Quadrant leader in IT Risk Management,\u00a0<a href=\"https:\/\/kanini.com\/servicenow\/governance-risk-and-compliance\/\">ServiceNow GRC<\/a>\u00a0Solution effectively manages the risks from cybersecurity, IT, Compliance, internal policies, or vendor.\u00a0 The following ServiceNow GRC security modules are the pillars in enterprise governance risk and compliance implementation.<\/p><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8dcdc11 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8dcdc11\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5f90d73\" data-id=\"5f90d73\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ce06b1a elementor-widget elementor-widget-image\" data-id=\"ce06b1a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/ServiceNow-Risk-Management-1.jpg\" title=\"\" alt=\"servicenow grc use cases\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-8727c80\" data-id=\"8727c80\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bc5833e elementor-widget elementor-widget-heading\" data-id=\"bc5833e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 10-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Enterprise Risk Management<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b72bdbe elementor-widget elementor-widget-text-editor\" data-id=\"b72bdbe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<strong>\u201c69% of organizations do not have a complete, formal enterprise risk program\u201d \u2013\u00a0<\/strong>Ponemon Institute\nThe biggest challenge often an enterprise face is identifying the risks based on the severity level and prioritizing them without any impact on business operations. ServiceNow Risk Management solution has emerged to great heights on new security features getting added on every release. A single risk register gives complete control to identify and manage the risks based on the key risk indicators and risk scores.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0f64852 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0f64852\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-19698b3\" data-id=\"19698b3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8916213 elementor-widget elementor-widget-text-editor\" data-id=\"8916213\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><p>With customized workflows in place, risk management can be effectively managed well across the organization without any negative impact on business continuity. Real-time insights allow the manager to make a faster decision on the go.<\/p><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-58cac55 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"58cac55\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-8083aa4\" data-id=\"8083aa4\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c4804c elementor-widget elementor-widget-heading\" data-id=\"5c4804c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Policy and Compliance Management<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb0f09f elementor-widget elementor-widget-text-editor\" data-id=\"eb0f09f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a href=\"https:\/\/www.insightsforprofessionals.com\/finance\/financial-compliance\/compliance-and-regulatory-frameworks\"><strong>Non-compliance costs firms an average of $4,005,116 in lost revenue<\/strong><\/a><br \/>Decentralized internal policies, manual lifecycle &amp; compliance processes, and siloed standard operating procedures create overheads for any organization. ServiceNow Policy and Compliance solution unifies the policies and compliance in a single dashboard view in consideration with SOX or PCI regulations.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-f213865\" data-id=\"f213865\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1abd02d elementor-widget elementor-widget-image\" data-id=\"1abd02d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/ServiceNow-Policy-and-Compliance-Management-1.jpg\" title=\"\" alt=\"servicenow grc use cases\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a72fe8f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a72fe8f\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0fdd828\" data-id=\"0fdd828\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-92d3227 elementor-widget elementor-widget-text-editor\" data-id=\"92d3227\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><p>The IT governance leadership team gains complete control in avoiding the risks with the available real-time insights. A well-placed unified compliance framework reduces manual compliance processes.<\/p><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cff1418 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cff1418\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ef964ab\" data-id=\"ef964ab\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0702824 elementor-widget elementor-widget-image\" data-id=\"0702824\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/ServiceNow-Audit-Management.jpg\" title=\"\" alt=\"servicenow grc use cases\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2028d99\" data-id=\"2028d99\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-49c77c6 elementor-widget elementor-widget-heading\" data-id=\"49c77c6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Audit Management<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e3c0bf8 elementor-widget elementor-widget-text-editor\" data-id=\"e3c0bf8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a href=\"https:\/\/www.servicenow.com\/content\/dam\/servicenow-assets\/public\/en-us\/doc-type\/resource-center\/infographic\/info-keep-pace-with-an-ever-changing-regulatory-environment-with-thomson-reuters-en.pdf\" data-lf-fd-inspected-yegkb8lw9myaep3z=\"true\"><strong>\u201cIn 2019, financial institutions paid $36 billion fine due to non-compliance standards\u201d<\/strong><\/a><br \/>In the last two decades, data breaches in enterprises led to severe financial and data loss. ServiceNow\u00a0<a href=\"https:\/\/kanini.com\/blog\/servicenow\/how-can-servicenow-audit-management-help-you-manage-business-risk-effectively\/\">Audit Management solution<\/a>\u00a0lays the foundation for audit strategy in an organization to overcome the recurring risk findings. The internal audit team can document all the activities from planning, assessing, tracking, incident &amp; evidence recording to reporting.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2d05d88 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d05d88\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e411371\" data-id=\"e411371\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-316371f elementor-widget elementor-widget-text-editor\" data-id=\"316371f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><p>With these gathered real-time insights, the leadership team can make the right decision at the right time to mitigate the risk that involves data loss.<\/p><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c79e272 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c79e272\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d175061\" data-id=\"d175061\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9ab8a71 elementor-widget elementor-widget-heading\" data-id=\"9ab8a71\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Vendor Risk Management<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f320517 elementor-widget elementor-widget-text-editor\" data-id=\"f320517\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><a href=\"https:\/\/www.servicenow.com\/content\/dam\/servicenow-assets\/public\/en-us\/doc-type\/resource-center\/infographic\/servicenow-bitsight-infographic.pdf\" data-lf-fd-inspected-yegkb8lw9myaep3z=\"true\"><strong>According to BITSIGHT, \u201c82% of the organizations still use spreadsheets to manage the risk.\u201d<\/strong><\/a><br \/>In most recent studies, more than half of the data breaches occur only through third-party vendors. ServiceNow Vendor Risk Management solution streamlines the organization to achieve transparency in automated processes,\u00a0<a href=\"https:\/\/kanini.com\/blog\/servicenow\/rethinking-enterprise-risk-management\/\">risks assessments<\/a>, and to-do tasks associated with all the vendors. A single source of a database with complete vendor information can be managed and monitored seamlessly. The self-service portal ensures that the system has the latest vendor information.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-61d2b61\" data-id=\"61d2b61\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-614419e elementor-widget elementor-widget-image\" data-id=\"614419e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/kanini.com\/wp-content\/uploads\/2021\/06\/ServiceNow-Vendor-Management.jpg\" title=\"\" alt=\"servicenow grc use cases\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5be2e13 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5be2e13\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cc4207f\" data-id=\"cc4207f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e7c7b1 elementor-widget elementor-widget-text-editor\" data-id=\"1e7c7b1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column wpb_content_element \"><div class=\"wpb_wrapper\"><p>Unique vendor portal gives a holistic view of vendor collaboration, communication, assessment status, and issues. With all this in place, an enterprise can better manage third-party risks and mitigate issues in a quick turnaround time.<\/p><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7282216 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7282216\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-44c7c3d\" data-id=\"44c7c3d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-53fd6ec elementor-widget elementor-widget-heading\" data-id=\"53fd6ec\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Conclusion:\n<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26c17c6 elementor-widget elementor-widget-text-editor\" data-id=\"26c17c6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>A well-planned enterprise governance risk compliance solution will strengthen the business performance and stay on top to mitigate the risks in the future. ServiceNow GRC solution is one of its kind to reach that sweet spot.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e5bef96 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e5bef96\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c67d0fd\" data-id=\"c67d0fd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-494e12d elementor-widget elementor-widget-text-editor\" data-id=\"494e12d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h5>Author<\/h5>\n<p style=\"padding: 15px 0 0 0; text-align: center;\"><img decoding=\"async\" style=\"width: 140px; height: 140px; object-fit: cover; border-radius: 50%; margin: 0; padding: 0;\" src=\"https:\/\/kanini.com\/wp-content\/uploads\/2021\/05\/Kanini-Joshua-Smith-Team.jpg\" \/><\/p>\n\n<h6>Joshua Smith<\/h6>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c77cd89\" data-id=\"c77cd89\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c465ba9 elementor-widget elementor-widget-text-editor\" data-id=\"c465ba9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Joshua is a process improvement thought leader and digital transformation expert at KANINI. Over the past 15 years, his focus has always been on achieving organizational maturity and enhancing business processes through implementing tools and workflows to drive transformation initiatives. With experience in multiple verticals from &#8211; manufacturing to healthcare, Joshua brings a practitioner\u2019s perspective when working on business solutions and goals to allow him to advise and guide on industry and process best practices.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In this fast-growing technology environment, enterprises are expected to stay on top of the risks to tackle the cybersecurity threats, IT, vendor, and digital risks. Organizations that follow a manual workflow process are at higher risk with many new regulatory standards on their way. In recent times, enterprises running on a legacy GRC (governance risk [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":20669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[94],"tags":[79,80,81,82,83,84,85,86],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.12 (Yoast SEO v22.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ServiceNow GRC Use Cases | GRC Platform | KANINI<\/title>\n<meta name=\"description\" content=\"Governance risk and compliance solution through an automated ServiceNow GRC framework enables an enterprise to achieve operational resilience\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/kanini.com\/blog\/four-fundamental-use-cases-of-servicenow-grc-solution\/\" \/>\n<meta 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