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EnCrisp Completed Cost-effective GRC Technology Platform Selection Engagement for an Insurance Company

(Feb 06, 2008)-- "Because we have first-hand experience in the field of designing and implementing automation software, we were able to incorporate this into the evaluation process to our client's benefit." commented Bhavesh C. Bhagat, EnCrisp Chairman and CEO on completing a cost-effective GRC technology platform selection engagement for a North American insurance company.

"Our understanding and focus on workflow, management reporting needs and the technical SAP landscape makes a critical difference in the cost-effective automation software evaluation and selection process. As a result, our client was able to select a best-in-class compliance technology platform that ensures the optimal design and operational effectiveness of their internal controls environment." continued Bhagat.

EnCrisp LLC, pioneer in designing and implementing leading-edge Governance, Risk and Compliance (GRC) solutions, announced that it recently completed a cost-effective GRC technology platform selection engagement for a North American insurance company. As a result of EnCrisp's evaluation, the client selected GRC automation software that would ensure an effective internal controls environment and enable alignment of long-term business interests with the technical GRC landscape.

Under an aggressive timeline, EnCrisp was engaged to perform a phased and structured evaluation of selected software packages for automated compliance. The work included other related internal controls and compliance initiatives.

The EnCrisp engagement team utilized the Six Sigma-driven EnCURE Compliance Sustainability Platform & Methodology to systematically improve the evaluation process. Using EnCURE's SOX Package Selector tools and procedures, the team carefully guided the phased and structured process. The evaluation analysis focused on key factors relevant to the client's environment. The final product, a detailed evaluation with weighing factors between the automation software vendors allowed the client to meet its project objectives.

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