Governance, Risk and Compliances (GRC) is a critical pillar for a sustainable organization. With ever changing laws and regulations the HR function is hard pressed to deal with the extraordinarily complex task of GRC, one of the most important aspects of overall corporate governance.

With the new emerging eco-system of outsourced business model its’ imperative to take a proactive assessment of Service Providers engaged for HR Support/Service. Hence it is important for organization to have a structured and periodic evaluation of Vendors & Service Providers.

In absence of GRC assessment, companies are likely to incur high cost in the form of penalties, even shutdowns apart from a loss of reputation capital, leading to weakening of investors’ confidence.

People Process Teck has developed GRC@Pulse, an AI based assessment tool for HR Service providers / Vendors. This tool is designed to be applicable across all sectors & industries.

E-Brochure

GRC@Pulse

GRC@Pulse Assessment tool will support the organisation with following deliverables :

Assess the HR Service Providers / Vendors’ current status of compliance, as required by the Principal employer and law of the land.

Provide detailed report highlighting HR Service Providers / Vendors’ present status on compliance, non-compliance, and scope for improvement with actionable feedback.

Facilitate to establish prescribed regulations and guidance for improved corporate governance.

Assessment Touchpoints

Governance

Capability, Connectivity, Boundary Management, Engagement, Business Continuity, Intelligence, Social Contract

Risk

Safety, Health, Psychological Contract, Readiness for Mobilisation and De-mobilisation

Compliance

Law Abiding as applicable, Reporting, Wellness and Economic Contract

Our Engagement

Conduct diagnostic reviews against benchmarking criteria with reference to governance, risk and statutory compliance.

Our lead assessors will be experienced professionals who are well versed in Legal and Statutory matters.

This evidence based independent assessment will include evaluation of past performance, maintenance of records, audit of critical processes covering GRC in total.

Our Assessment team will engage onsite/ offsite for getting the desired input with direct interaction with assessees, subject to understanding.