Over the past year or so, you've probably tripped across the term GRC software. Governance, risk and compliance management software basically refers to software that integrates several single-point solutions into a comprehensive infrastructure. A defining moment for the niche came in 2006, when SAP launched a product aimed at addressing a wide range of GRC issues. But SAP is hardly alone. BWise, MEGA International and OpenPages in some ways are out front. OpenPages may be onto something with its modular approach to complying with different regulatory schemes. And Oracle seems to be bent on making a splash [1]. It gets a bit techie, but it would be worth the effort to stay up with the field. Gartner came out with a Magic Quadrant for the industry last month.

For more:
- here's a good wrap-up [2]