What is e GRC?
EGRC stands for Enterprise Governance, Risk Management and Compliance. EGRC refers to how an enterprise addresses governance, manages risk and compliance by creating policies, procedures, regulatory controls, risk assessment, risk monitoring and internal controls that employees must adhere to company-wide.
What is Egrc market?
These factors have led to the growth of the eGRC (enterprise governance, risk, and compliance) market. The stringent government regulation towards data security and compliance has also been driving the market growth.
How much does GRC cost?
What's The Average GRC Price? Robust GRC software will typically cost upward of $200,000 for software, hardware, and implementation. GRC costs may reach as high as $600,000.