The business paradigm states that compliance and Risk Management should govern the majority of business and Telecommunication companies with their elaborate structure and internal processes are not an exception to this paradigm.
Telco Companies are governed by numerous regulations and are pressured into proving a a clear and effective plan in Managing their Risk.
In addition to this, a pressing request would be a drafting of well structured Internal Audit processes as a way or recording activities that are interrelated and cause systemic changes. Adding to this the increased completion encountered in the sector make the need of a GRC System an immediate one. The RCMS Solution developed by iSPIRAL is a holistic solution in Managing Risk, Compliance, Incidents and Internal Audit Processes. This high impact software automation tool provides at any given time snapshots of the organisation against aforementioned functionalities. An insightful tool that gives TELCOS an accurate representation of Risk its impact across the organisation strategy and likelihood of re occurrence.
Therefore RCMS creates a comprehensive and accurate outlook of the working environment of a Telecommunication Company in order to assess and predict Risk in all its scope and having all required data to do so.