The Corporate Culture Pvt. Ltd.

CONSULTING SERVICES

CONSULTING SERVICES - RISK CONSULTANCY Governance, Risk & Compliance (GRC) Frameworks 🏛️

"Integrate governance, risk, and compliance into organizational processes. Ensure regulatory adherence and operational transparency."

At TCC-India Consulting, our GRC Frameworks service integrates these three pillars into a single, cohesive system. We automate control monitoring, harmonize compliance obligations (both global and Indian local laws), and leverage cutting-edge technology (SAP GRC, Oracle GRC, Microsoft Dynamics 365) to give your Board and management real-time assurance. We transform GRC from a periodic burden into a proactive, strategic advantage that protects your enterprise value.

100%

Compliance Focus

Trusted

Audit Frameworks

About Our Services

WHAT IS Governance, Risk & Compliance (GRC) Frameworks?

Governance, Risk, and Compliance (GRC) is a structured approach that aligns an organization's IT and core operations with its overall strategy, managing risk effectively, and meeting compliance requirements. The goal is to maximize the reliability of achieving objectives while minimizing unplanned losses.

GRC is defined by the integration of three interdependent disciplines:

Discipline	Core Function	Business Purpose
Governance	The oversight structure, roles, policies, and ethics that guide organizational decision-making.	Sets the tone at the top and ensures the strategic direction is consistently followed.
Risk (ERM)	Identifying, assessing, prioritizing, and responding to internal and external events that could threaten the achievement of objectives.	Protects organizational value and prevents losses, such as fraud or supply chain disruptions.
Compliance	Adhering to mandatory statutory laws, internal policies, and voluntary industry codes (e.g., SEBI, IFRS/Ind AS, FCRA).	Minimizes legal, regulatory, and financial penalties while ensuring operational integrity.

Our Expertise

OUR SERVICES – Governance, Risk & Compliance (GRC) Frameworks

TCC-India provides end-to-end GRC services, from policy design to automated technology implementation and continuous auditing, across your entire enterprise:

GRC Strategy & Policy Design

Developing and aligning a comprehensive GRC framework based on COSO or ISO 31000 with corporate strategic objectives and defined risk appetite.

GRC Technology Implementation

Selecting, deploying, and optimizing integrated GRC software solutions, leveraging automation modules within SAP, Oracle, and Microsoft Dynamics 365.

Controls Rationalization & Automation

Reviewing existing internal controls, eliminating redundancies, and automating monitoring and testing of key controls embedded in transactional systems such as Tally, Busy, and ERP platforms.

Compliance Mapping & Audits

Creating a comprehensive library of applicable Indian statutory, tax, labor, and industry-specific regulations and mapping them to internal controls for continuous compliance monitoring.

Internal Audit Transformation

Redefining the Internal Audit function to focus on high-risk, strategic areas, using technology to enable continuous auditing and analysis.

Benefits of Governance, Risk & Compliance (GRC) Frameworks

A unified GRC framework delivers a measurable return on investment through reduced compliance costs and superior risk mitigation.

Reduced Cost of Compliance

Automation of compliance monitoring and control testing eliminates redundant manual effort and significantly reduces the cost of recurring compliance checks.

Proactive Risk Mitigation

Continuous digital monitoring within ERP systems such as SAP and Microsoft Dynamics 365 flags control breaches and potential fraud indicators in real time, preventing financial losses.

Enhanced Trust & Reputation

A strong, well-audited GRC framework enhances credibility with regulators, investors, and potential M&A partners, thereby increasing overall enterprise value.

Improved Operational Efficiency

Rationalized controls and streamlined, automated processes reduce workflow complexity and accelerate the execution of core business transactions.

Strategic Alignment

Strong governance ensures that all risk-taking and compliance activities are directly aligned with the organization’s strategic objectives and long-term goals.

Detailed Features – Governance, Risk & Compliance (GRC) Frameworks

Our execution is focused on technological integration and the creation of a sustainable, transparent control environment.

Digital Control Monitoring (DCM)

Implementing automated, rule-based monitoring within SAP GRC or Microsoft Dynamics 365 to continuously scan transactional data such as vendor creation, journal entries, and payments for control exceptions and fraud indicators.

Risk & Control Matrix (RCM) Development

Developing a comprehensive RCM that maps key business risks (e.g., unauthorized payments) to mandatory internal controls, clearly defined ownership, and automated tracking within the GRC platform.

Role-Based Access Control (RBAC)

Designing and enforcing RBAC within SAP, Oracle, and Microsoft Dynamics 365 to prevent Segregation of Duties (SoD) violations, ensuring that critical activities such as vendor creation and payment approval remain independent.

Compliance Obligation Mapping

Creating a centralized registry of all legal and regulatory obligations, deadlines, and evidence requirements, integrated with automated alerts and documentation workflows in the GRC or Compliance Calendar system.

Integrated Reporting & Dashboards

Delivering Executive and Board-level dashboards that provide a real-time, consolidated view of enterprise risks, compliance status, control failures, and remediation progress across the organization.

Financial Data Integrity & Integration

Ensuring accurate synchronization of transactional data from local systems such as Tally or Busy into the central ERP and GRC platform, eliminating compliance risks caused by fragmented or inconsistent financial records.

CHALLENGES WITH SOLUTIONS

We anticipate and solve the primary hurdles in GRC—organizational complexity, siloed data, and resistance to change.

Siloed GRC Efforts Across Departments

Centralized GRC Implementation & Governance: Deploying a single, enterprise-wide GRC platform and establishing strong oversight through a Chief Risk Officer (CRO) or GRC Committee to enforce cross-functional policy alignment and accountability.

High Volume of Manual Control Testing

Digital Control Monitoring (DCM) Automation: Implementing automated control monitoring within ERP systems such as SAP GRC and Microsoft Dynamics 365 to continuously test key financial and operational controls, eliminating repetitive manual testing.

Inaccurate Segregation of Duties (SoD)

Automated SoD Simulation: Leveraging GRC tools to simulate and identify potential Segregation of Duties conflicts before user access is granted, ensuring strict compliance with zero-tolerance access policies.

Tracking Evolving Indian Regulatory Requirements

Compliance Library & Regulatory Alert Service: Maintaining a dynamic compliance library that automatically updates changes in Indian regulations and triggers alerts for required control updates to the responsible GRC managers.

Low User Engagement & Ownership

GRC Awareness & Role-Based Training Programs: Conducting focused training programs to educate employees on their specific risk and compliance responsibilities, emphasizing accurate transaction recording and control adherence in ERP and Tally/Busy systems.

Governance, Risk & Compliance (GRC) Frameworks