A few years ago, Governance, Risk Management & Compliance (GRC) was denoted as an additional activity by the businesses as an implementation tool for control processes and more. But with the evolving time, changing regulatory requirements and demanding mechanisms has made them to understand the existing risks and its possible consequences in the future. As the current scenario depicts the growing number of govt. mandated compliance regulations, corporate governance failures, breach of data demands for a robust risk management, i.e., GRC program. As India is considered to be in the nascent stage for GRC adoption when compared to the developed markets, the companies today especially in sectors like Healthcare, Energy, IT, BFSI and others demands for a robust risk management advisory solutions. This is where the role of GRC consultants comes into picture. These consultants aim to help the companies to improve their entire corporate governance that includes financial reporting compliance, enterprise risk management, and related audits. With organizations gradually moving towards a standardized approach, these consultants also support them with independent risk, compliance functions & processes, while integrating them into a common platform determined by transparency.

In this edition of Consultants Review, we have listed ‘10 Most Promising GRC Consultants’ that are assured to bring the most value to the organization. The proposed list aims to help the companies to choose the felicitous consulting partner that would not only assist them to manage their business effectively but also help them act wisely.