Reducing the Cost of Compliance with Continuous controls performance and monitoring using ServiceNow IRM

Assurance programs are facing ever greater demands to leverage data and technology to improve compliance risk insights and processes, while simultaneously positioning the organization to avoid problems in the future. Many organizations are unaware they already own technologies that can be leveraged to reduce the operational cost of compliance, while increasing visibility and accuracy of the company’s audit current posture. This outcome can be accomplished with continuous controls performance and monitoring. Hear first-hand from ServiceNow and Edgile, a ServiceNow Elite implementation partner, how ServiceNow IRM can help the Three Lines of Defense find efficiencies and automate where practical using indicators, NOW platform and external integrations and smart workflow techniques. During this discussion and live demonstration you will hear about:

• Examples of ServiceNow platform continuous controls performance opportunities (first line of defense) for both business and IT controls (e.g., fixed assets, change control and user access reviews), and efficiencies gained by the second and third lines
• Single pane of glass for the organization to track risks and open findings to improve accountability
• Proactive assurance to push control activities out to the organization to free up resources, allowing them to focus on higher-value activities
• Evidence warehousing techniques that enable artifacts to be collected once and re-used many times, thus reducing costs, frustration and audit fatigue

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