SIM for business | Serious Incident Manager

SIM for Business brings the functionality of our Community Safety Manager, tailored for a business environment.

What is governance, risk, and compliance (GRC)?

GRC stands for Governance, Risk, and Compliance. It’s a framework that helps organisations manage their operations in a way that aligns with their goals, controls risks, and complies with laws and regulations.

Governance is about ensuring the organisation’s activities support its objectives and values.

Risk involves identifying and managing potential problems that could harm the organisation.

Compliance means following laws, regulations, and internal policies.

In short, GRC ensures that a company is well-managed, aware of potential risks, and legally compliant.

Keeping on top of compliance

We help venues and organisations comply with regulations that ensure their operations are safe, legal, and responsible, protecting both the public and the environment.

Our system ensures compliance with these laws and avoids fines, legal action, and damage to reputation.

Our vision is to make digital systems, usually only available to large organisations, available to everyone, large and small.

Keeping on top of compliance

We help venues and organisations comply with regulations that ensure their operations are safe, legal, and responsible, protecting both the public and the environment.

Our system ensures compliance with these laws and avoids fines, legal action, and damage to reputation.

Our vision is to make digital systems, usually only available to large organisations, available to everyone, large and small.

Our SaaS platform

SIM products have been researched, developed and tested for use in critical environments. Our core system was created in partnership with the Met Police, local authorities and the Violence Reduction Unit at City Hall, London to manage violent incidents across London.

Our SaaS platform

SIM products have been researched, developed and tested for use in critical environments. Our core system was created in partnership with the Met Police, local authorities and the Violence Reduction Unit at City Hall, London to manage violent incidents across London.

FAQs

What is GRC?

GRC stands for Governance, Risk Management, and Compliance. It is an integrated approach that organizations use to align their objectives with governance principles, manage risks effectively, and ensure compliance with relevant laws, regulations, and internal policies.

• Governance involves the framework and processes that guide an organization’s leadership and decision-making.

• Risk Management refers to identifying, assessing, and mitigating risks that could impact the organization’s ability to achieve its goals.

• Compliance ensures that the organization adheres to external regulations and internal standards.

Together, GRC helps organizations operate efficiently, avoid potential issues, and achieve strategic objectives while maintaining legal and ethical standards.

Who should be concerned about GRC?

All organizations, regardless of size or industry, should be concerned about GRC (Governance, Risk Management, and Compliance). However, large enterprises, financial institutions, healthcare providers, government agencies, technology firms, manufacturers, nonprofits, and energy companies have a heightened need for GRC due to complex operations, strict regulations, and significant risks. Implementing strong GRC practices helps these organizations ensure compliance, manage risks, and achieve their strategic goals.

What can be the consequences of not operating a GRC system?

Without a GRC system, organizations risk legal penalties, financial losses, reputational damage, operational disruptions, and security breaches. Additionally, they may face poor decision-making, strategic misalignment, and increased liability, all of which can threaten their long-term success and stability.