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Sandvik saves and cuts 1,100 jobs

Solidify transforms GRC for digital success

Updated: January 25, 2024, 12:29 PMPublished: January 16, 2024, 10:00 AM

Emelie Alftrén and Magnus Juvas.

In an age where digital solutions are at the core of business operations, many face the challenge of integrating agile processes and modern technology with the requirements of GRC. The companies thus have to struggle to maintain both the pace of innovation and good regulatory compliance.
– We have a solution that meets this challenge, says Magnus Juvas CEO and founder of Solidify.

Today, digital services are a large part of the operations of many companies. But the agile processes, modern collaboration platforms and automated flows that are often used rarely connect with the processes of corporate governance, risk work and regulatory compliance, GRC.

– This creates both new risks and extensive inefficiency which we think is completely unnecessary, says Magnus Juvas.

The work of ensuring regulatory compliance, such as data protection, cyber security and digital resilience, can often feel burdensome and easily become an incomprehensible extra effort in the form of checklists, excel sheets or even separate GRC systems.

Solidify focuses on integrating and automating GRC by offering modules that complement existing workflows and platforms. This makes GRC a natural part of the daily work.

– Then the GRC work can be scaled up more easily and it will be easier to do the right thing, says Emelie Alftrén, founder of Solidify Velesic.

Solidify’s solution for GRC lowers costs significantly

At Solidify, regulations are seen as capabilities a company wants to have, and the aim is therefore to simplify the work with risks, compliance and incidents within the processes and tools that the staff are already used to.

The solution from Solidify also reduces the costs of GRC, as up to 80 percent of the functionality that customers otherwise pay for in traditional GRC systems is already available in existing platforms.

– We have already seen good results with our pilot customers and will now scale up the business properly, concludes Emelie Alftrén.

About Solidify and Solidify Velesic

Solidify is dedicated to both simplifying and securing digitization for its customers. Their software solutions and services are used by customers in many industries, including several Fortune 500 companies. Solidify Velesic, a subsidiary of Solidify, complements this vision by offering modern GRC solutions and services tailored for businesses in the digital age.

Read more at www.solidify.dev

The article is produced by Brand Studio in collaboration with Solidify and not an article by Dagens industri

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