Epicor Kinetic GRC Software for secure, compliant and competitive operations

Governance, Risk & Compliance (GRC) software ensures companies and employees achieve total compliance.

The current business environment is increasingly complex and regulated which is challenging for even the largest organisations to remain competitive so don’t let GRC become an intolerable burden that increases your overheads, but become an enabler of efficiency and success.

Navigating through legal, regulatory and supply chain mandates has never been tougher but businesses can approach these challenges as opportunities through the implementation of GRC strategies. Kinetic Governance, Risk & Compliance (GRC) capabilities aim to:

Effectively handle regulatory compliance
Control risk
Drive business performance

GRC touches every person and every function in an organisation in some way. Effective GRC initiatives help companies and their employees stay compliant and ensure that everyone is aware of the associated risks of non-compliance.

Unify industry and regional compliance and reporting processes for greater control, including ISO, GDPR, ITAR, and NIST.

Compliance is at the heart of Epicor Kinetic. Any new functionality is consistent with published international standards, best practices and corporate and financial governance such as international accounting standards (IAS), international financial reporting standards (IFRS), and other generally accepted accounting principles (GAAP). Whilst also incorporating support for international trade standards such as restriction of the use of certain hazardous substances in electrical and electronic equipment (RoHS), Waste Electrical and Electronic Equipment (WEEE) directive and the North American Free Trade Agreement (NAFTA).

Epicor Kinetic Governance, Risk & Compliance include:

Corporate Governance
Risk Management
Security Management
Business Process Management
Global Trade Compliance
Electronic Reports Engine
Environmental and Energy Management

Control risk, effectively handle regulatory compliance and drive business performance.

Key benefits

Mitigate exposure to risk – full transactional traceability with table and field level audit tracking, enhance controls and enforce policies with integral business process management, as well as model and manage processes efficiently with business-defined workflows
Enforce strong security management practices – support comprehensive management of user, process and data tier security settings right down to securing objects like forms, fields, reports, menus and business service method calls
Gain cross-organisational financial visibility – with control over financial reporting, planning and forecasting processes, while complying with corporate, finance and international trade standards
Employ environmental and energy management – for both corporate social responsibility and bottom-line savings, using strategic sourcing, logistics planning, product lifecycle management and virtualisation
Energy monitoring of business assets – to understand energy consumption and reduce costs
Lean supply chain management and global trade compliance – including definition of global trade standards for items and bar codes, such as UPC UCC-12, EAN UCC-13, EAN UCC-8 and GTIN-14
Retired product lifecycle management – sophisticated document management for organisations that need excellent audit tracking and control of documentation across the enterprise, including support for RoHS