Raynham, Mass.-based MEGA International released version 3.0 of its governance, risk and compliance (GRC) software, the MEGA GRC Suite. The solution offers a common platform through a global repository that centralizes and coordinates all data relating to audit, risk and control activities in a single searchable environment, according to the vendor.
The latest version of MEGA GRC Suite features three distinct solutions for audit, compliance and control, and risk that are designed to address the needs of different types of users and ensure integration with current systems, MEGA says.
"GRC initiatives will only be fully effective if they are part of a strategic, consistent and manageable solution," explained Lucio de Risi, CEO of MEGA International, in a release.
"Managers in various functional areas have different perceptions of the same problem, and their responses vary," de Risi noted. " They will benefit from using a single, unified platform, which also gives them their own worldviews of their particular responsibilities."