Categoric Has Developed Accord, a Platform Independent Solution for Governance, Risk and Compliance (GRC)

Categoric Software is known as a world leader in Supply Chain Event Management and Business Activity Monitoring solutions. The solutions they offer are utilized by some of the most exacting and demanding businesses across the globe. These organisations rely on Categoric to provide them the competitive edge, using our complex and intuitive technology to raise visibility and automation of their information processes, achieving remarkable savings in both time and resources.

Categoric has developed Accord, a platform independent solution for governance, risk and compliance (GRC) in response to growing pressure on Companies of all sizes to report on a range of both financial and - increasingly - non-financial issues to a wide variety of business stakeholders.

"Top of their wish list is a solution that will integrate with a wide variety of disparate databases and systems and facilitate easy creation of a dashboard style of reporting output. Accord not only fulfills these requirements with its reporting agility but also enables the financial investment in the system to be re-used across multiple business units. Reducing the need for manual monitoring and intervention can create cost savings in every area of the business - and eliminate the almost-inevitable inaccuracies caused by human error. No company welcomes additional administrative burdens but it's true to say that those that get this right will find it brings significant business benefits, from time and cost savings to greater operational efficiency. For example, Accord can be used to create and implement an almost limitless number of rules for both financial and non-financial governance needs. And, like all our software applications, it is designed to be user-friendly so that its operation is not confined to IT experts," stated Categoric's VP of Marketing Paul Humphries.

Taking place at ExCel, London the Compliance Technology Expo has established itself as Europe's premier free-to-attend exhibition for financial firms seeking IT products to meet an increasing regulatory burden.

Categoric can help organizations by offering solutions to:

# Broker between internal systems and external partner systems
# Allow you to respond automatically and immediately when problems occur or opportunities crop up – or even to predict if they could arise.
# Provide visibility of business activities for KPIs, exceptions, performance, effectiveness, compliance status, etc.# Provide a coherent framework for governance needs
# Facilitate automation of activities to improve efficiency and reduce errors
# Support GRC, Environmental, Social, Ethical and Supply Chain Governance
# Transform passive ‘historical’ data into actionable processes and procedures
# Can span multiple non-complimentary systems and databases
# Leverage your existing IT investment

For more information visit http://www.categoric.com.