About this template
This template has been designed as a quick questionnaire for audit functions to send to Governance, Risk and Compliance (GRC tool) providers, to ensure a consistent approach when assessing various GRC tool options. The template has been designed to compliment any proposal document that the GRC tool provider should be pulling together as part of the Request for Proprosal (RFP) process.
Why use this template
This template ensures the fundamentals of any tool are considered and helps link the audit tool to current audit, risk and compliance processes. Using this template can help expediate the proposal process, and also provide a common way to compare RFP respondants.
When to use this template
This template should be used when considering implementing a new GRC tool.
Things to be careful about
This template is a guide only and may not be suitable for your audit function. Care should be taken to review the template and ensure it meets the specific requirements of your business.
