TCS Enterprise Regulatory Compliance Management Framework

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Innovation in Internal Control Management

Executive Summary

Organizations cannot readily understand compliance and control from a series of lists or spreadsheets. They need intelligence and insight into the relationships between the hierarchical dimensions that describe an organization’s control and compliance ecosystem that predict the full scope of potential impacts (direct and cascading) due to actual or exploratory change to regulations or business strategy. Organizations need solutions that support simulation and scenario planning for strategic and tactical action plans in response to change.

TCS is a professional service firm and solution provider for governance, risk management, and compliance (GRC). The TCS Enterprise Regulatory Compliance Management Framework (ERCMF) functionality delivers efficiency, effectiveness, and agility to strengthen internal control and compliance management for organizations across industries and around the world in which an organization can implement a common control framework. In this context, GRC 20/20 has recognized TCS ERCMF with a 2017 GRC Innovation Award in Internal Control Management.

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Description

Innovation in Internal Control Management

Executive Summary

Organizations cannot readily understand compliance and control from a series of lists or spreadsheets. They need intelligence and insight into the relationships between the hierarchical dimensions that describe an organization’s control and compliance ecosystem that predict the full scope of potential impacts (direct and cascading) due to actual or exploratory change to regulations or business strategy. Organizations need solutions that support simulation and scenario planning for strategic and tactical action plans in response to change.

TCS is a professional service firm and solution provider for governance, risk management, and compliance (GRC). The TCS Enterprise Regulatory Compliance Management Framework (ERCMF) functionality delivers efficiency, effectiveness, and agility to strengthen internal control and compliance management for organizations across industries and around the world in which an organization can implement a common control framework. In this context, GRC 20/20 has recognized TCS ERCMF with a 2017 GRC Innovation Award in Internal Control Management.

Table of Contents

  • Maintaining Compliance in Dynamic and Distributed Business
  • TCS Enterprise Regulatory Compliance Management Framework
    • Innovation in Internal Control Management
    • What TCS ERCMF Does
    • Benefits Organizations Receive with TCS ERCMF
    • Considerations in Context of TCS ERCMF
  • About GRC 20/20 Research, LLC
  • Research Methodology

Author

rasmussenMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 23+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.


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