Press Release

GBTEC Releases Free Trial Version of BIC Cloud GRC

The Bochum-based specialist for B2B software and consulting, GBTEC, is making its Governance, Risk Management and Compliance (GRC) software freely available as a trial version. BIC Cloud GRC is the market leading solution for process oriented GRC management.

Bochum, March 20, 2020 – GBTEC Software + Consulting AG from Bochum, Germany, software producer and consulting company for digital transformation, provides its software BIC Cloud GRC as a free 30-day trial version. With BIC Cloud GRC, a fully web-based solution for the integrated Governance, Risk and Compliance Management, GBTEC opens the potentials of business process management for GRC management.

As a stand-alone solution, BIC Cloud GRC offers predefined workflows for cross-departmental consideration of the entire GRC management, from risk identification to the implementation and control of actions. As successful risk management in the face of increasing business risks requires smooth and transparent processes in all areas of the organization, GBTEC uniquely combines GRC management with process management. For this purpose, the BPM specialist links its risk management system with the established process management tool BIC Cloud Design. As a special highlight, business risks and controls are provided directly from process modeling in BIC Cloud Design as GRC workflows in BIC Cloud GRC. Intuitive dashboards, comprehensive workflow monitoring and personalized to-do lists simplify daily work in all areas of GRC management.

In addition, BIC Cloud GRC enables regulated monitoring as part of the audit trail and the establishment of an efficient internal control. The tool covers the tasks of a legally compliant risk management function in the finance and insurance industry as required, for example, by Solvency II or the regulations MaRisk (Minimum Requirements for Risk Management) and COSO (Committee of Sponsoring Organizations of the Treadway Commission). BIC Cloud GRC offers companies across all industries the features they need to identify, analyze and process their risks in a rule-compliant and structured manner.

GBTEC has already been offering a free trial version of BIC Cloud Design, a solution for modeling, analysis and optimization of business processes. Both test versions can be connected to each other, so that users can personally experience the advantages of the joint consideration of business process management and GRC management already during the test phase. Interested parties can request both tools on the GBTEC website as 30-days trial versions.

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