New Protiviti Governance Portal 4.0 Makes It Easier for Businesses to Manage Compliance and Risk While Improving Business Performance

Ability to Collaborate on GRC Effort Across Multiple Domains Enables Users to Experience "Your GRC"

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Dec 13, 2012, 01:00 ET

MENLO PARK, Calif., Dec. 13, 2012 /PRNewswire/ -- Protiviti (www.protiviti.com), a global consulting firm, has released the latest version of the Governance Portal designed to make it easier for organizations to solve the real-world governance, risk and compliance (GRC) challenges they face every day.

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Protiviti Governance Portal 4.0 is a major milestone in the development of GRC platforms, featuring a new user interface and new communication, collaboration and reporting capabilities that simplify GRC tasks and support business intelligence, data analysis and Big Data initiatives. The easy-to-deploy, easy-to-use online solution also supports extensive and flexible options, dubbed "Your GRC," that enable business users to work in their own functional areas — including enterprise performance and risk management, compliance, internal audit, IT governance and others — while still collaborating on a centralized, enterprise-wide GRC effort. The flexibility, simplicity and reporting capabilities of the Governance Portal make it easier for forward-thinking organizations to execute on GRC strategy while supporting improved business performance.

"The latest version of the Governance Portal changes the way GRC platforms are used," said Scott Wisniewski, managing director, Risk Technologies, Protiviti. "To date, GRC systems have mostly been used as assurance tools. Effective GRC, though, is about proactively moving your business forward in an ethical manner. The Governance Portal 4.0 promotes communication and collaboration across the enterprise and enables individuals to rally around corporate strategies while fully understanding related strategies and tolerances. Recognizing the complexity of our customers' businesses, the new version of the Governance Portal allows stakeholder groups to tailor their individual approach while still aggregating up to a holistic corporate picture. We are pleased to present to our customers a tool that is more than a good assurance tool; it is a platform that will help our customers manage business performance."

Protiviti Governance Portal 4.0 features simplified functionality that makes it easier for customers in any industry to perform their GRC tasks and execute on their overall GRC strategy:

Your GRC – Protiviti Governance Portal 4.0 provides out-of-the-box templates for common GRC functional areas, allowing clients to implement the system and achieve results quickly. New configuration options also enable the system to accommodate different stakeholder requirements while still allowing for the aggregation of results into a single, holistic GRC view.
Communication and Collaboration – Integration with Microsoft SharePoint enables seamless collaboration on documentation through a web-based interface that allows multiple individuals to work on documents at the same time. An advanced assessment engine helps customers more effectively communicate their strategies, objectives and policies via a user-friendly, wizard-driven method of obtaining business inputs, whether for risk assessment, policy awareness, impact analysis, action plan response management or any other GRC activity.
Management Information – Interactive dashboards, based on a published reporting model, allow clients to easily develop new reports without coding. The dashboards provide composite views of GRC information with the ability to drill-down into details. Ad hoc analysis can now be scheduled to allow lines of business to generate reports without impacting system performance.

The Governance Portal is a flexible technology solution that provides the visibility and oversight organizations need to manage enterprise and operational risks, optimize internal audit processes, monitor compliance risk, reduce the cost of financial controls management and improve IT governance. For more information about GRC, visit Protiviti's GRC Tech Portal blog.

About Protiviti Inc.

Protiviti (www.protiviti.com) is a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit. Through its network of more than 70 offices in over 20 countries, Protiviti has served more than 35 percent of FORTUNE® 1000 and Global 500 companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies.

Protiviti is a wholly owned subsidiary of Robert Half International (NYSE: RHI). Founded in 1948, Robert Half International is a member of the S&P 500 index.

All trademarks are property of their respective owners.

Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.

SOURCE Protiviti