Cryptocurrency Q&A What are the cons of GRC?

What are the cons of GRC?

Sara Sara Wed Nov 13 2024 | 7 answers 1115
I'm interested in understanding the potential downsides or negative aspects associated with GRC. Could you please outline the cons or disadvantages of GRC that I should be aware of? What are the cons of GRC?

7 answers

Ilaria Ilaria Fri Nov 15 2024
Human error becomes more prevalent when tasks are done manually, affecting the accuracy of outcomes.

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Caterina Caterina Fri Nov 15 2024
Manual processes have the potential to result in significant time wastage and introduce human error.

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JejuSunrise JejuSunrise Fri Nov 15 2024
Certain governance, risk, and compliance (GRC) processes are still carried out manually.

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DigitalDragon DigitalDragon Fri Nov 15 2024
The absence of automation in these processes can lead to a decline in efficiency.

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Eleonora Eleonora Thu Nov 14 2024
Moreover, locating required documentation becomes challenging without automated systems.

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