Read The Times Australia

Daily Bulletin

6clicks Momentum Grows as GRC Transformation Becomes Essential for Organizations Around the World

  • Written by: PR Newswire Asia - Daily Bulletin Au RSS

AI-Driven Regulation Assimilation and Concurrent Governance Globalization and Localization Critical to Prevent Falling Behind in Compliance

MELBOURNE, Australia, June 1, 2023 /PRNewswire/ -- 6clicks, the leading AI-powered GRC platform for businesses and advisors, today announced that its business has more than doubled over the past year, even though awareness for critical new enablers of Governance, Risk and Compliance (GRC) is still in early stages. 6clicks has pioneered essential technological features within a complete, modern, purpose-built platform for GRC. 6clicks enables organizations to move from largely manual, time consuming and often chaotic processes and workloads to stay ahead of dramatically increasing complexity and change.

"Managing risk and ensuring compliance continues to grow exponentially, making it nearly impossible for organizations to keep up," said Anthony Stevens, CEO & Co-Founder, 6clicks." The old approaches of generalized GRC solutions, lack of AI and automation and inflexible modules have encumbered organizations instead of equipping them for the staggering volume and velocity of regulatory change and risk management. In creating the 6clicks platform we designed it for where GRC is going, rather than where it has been, and organizations are just now realizing the distinction."

Some of the innovations in which 6clicks has broken new ground for managing GRC include:

  • The use of GPT-3 artificial intelligence (AI) technology to ingest, interpret and understand complex language in laws, regulations and compliance requirements, automate compliance mapping between standards, identify control gaps in policies and then actually write control descriptions and policies for an organization based on the control context, risks and associated references.
  • A "hub and spoke" architecture to ensure that organizations can establish and manage universal policies and practices while also providing the flexibility to create and manage ones specific to industries and countries. It enables a single pane of glass view of these varying levels. It also enables service providers to manage multiple clients over multiple industries in multiple countries. Hub and Spoke enables globalization and localization simultaneously.
  • A robust and complete content library of laws, requirements and regulations to save individual customers the time, expense and complexity of having to track these down for each country and industry in which they do business.
  • The 6clicks Trust Portal to allow organizations to be transparent with their security posture while still maintaining strong controls around their sensitive data. This enables a company to instill confidence with their external party relations and still maintain security and confidentiality.
  • A dedicated online community to foster the sharing of information, resources, perspectives, questions, answers, templates and ideas. The 6clicks community is yet another way for the company to help its customers to increase in GRC maturity and advance its practices.

While still relatively new and only starting to gain mindshare, 6clicks has been growing substantially. Over the past year, 6clicks revenue has increased by 200%, partners have increased by 69% and the number of customers has more than tripled. 6clicks Global Systems Integrator partners include Deloitte, KPMG and Tata Consultancy Services. Earlier this year, John Meacock, previously Global Chief Strategy Officer of Deloitte, was appointed as Chairman of the Board for 6clicks, replacing Co-Founder and former Chairman, Anthony Stevens, who now serves as CEO. Anthony is a former Partner and Chief Digital Officer at KPMG and published author of Chasing Digital: A Playbook for the New Economy.

For more information: Arrange a consultation with a 6clicks GRC expert, get a demo and receive recommendations on how to automate your own risk and compliance

Learn about Ask Hailey, the AI engine built for risk and compliance automation

Learn how to simultaneously globalize and localize with Hub and Spoke

About 6clicks

Recognizing the immense challenges facing risk and compliance teams, 6clicks was founded to apply the power of AI within a productive management framework to exponentially advance teams. Aside from being fast to implement and easy to use, 6clicks is making waves in the market through:

  • Hub & Spoke architecture – designed from the ground up to support multi-tenanted distributed deployment - perfect for large enterprises, advisors and MSPs.
  • Hailey, the 6clicks AI engine that does in seconds what would take weeks, including compliance mapping and policy gap analysis, and now control set and control description automation – a boon for compliance professionals.
  • Fully integrated content – no 'uploads', external data feeds or a lack of traceability – all you need is baked into the platform. 

As the name suggests (read: "The founder's story: How 6clicks was born and what's behind the name"), 6clicks makes it easy to manage risk and compliance—faster and with greater accuracy, consistency and scalability. Designed for advisors and businesses and powered by AI and integrated content, 6clicks is taking on giants like ServiceNow, Diligent, OneTrust, RSA Archer and Galvanize by reinventing how automated GRC operates.

Authors: PR Newswire Asia - Daily Bulletin Au RSS

Read more https://www.prnasia.com/story/archive/4115139_AE15139_0

Business News

The strategic rise of Bali as Australia’s next essential healthcare support hub

As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations,  including...

Daily Bulletin - avatar Daily Bulletin

Cost Savings and Benefits of Using Used Pallets in Logistics

In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...

Daily Bulletin - avatar Daily Bulletin

How Fulfilment Services in Australia Help Businesses Scale Efficiently

The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...

Daily Bulletin - avatar Daily Bulletin

Practical Ways Australian Workplaces Can Reduce Operating Costs

Reducing business costs doesn’t always mean cutting staff, shrinking services or making the workplace feel bare-bones. In many cases, the smarter savings are hiding in everyday operations: the light...

Daily Bulletin - avatar Daily Bulletin

Executive Recruitment Solutions That Help Organisations Secure Exceptional Leaders

Leadership has a direct impact on organisational performance, employee engagement, strategic growth, and long-term success. Businesses operating in increasingly competitive environments require experi...

Daily Bulletin - avatar Daily Bulletin

Why A WooCommerce Website Designer Matters For Online Growth

Running an online store today requires more than simply listing products and waiting for customers to arrive. Businesses need a website that is fast, reliable, easy to navigate, and designed to suppor...

Daily Bulletin - avatar Daily Bulletin

Turning Your Empty Tables into Revenue

The rise of AI demand tools in hospitality, the EatClub–CommBank partnership, and seven trends reshaping Australian dining  A growing number of Australian venues are turning to AI-powered demand mana...

Daily Bulletin - avatar Daily Bulletin

High-Impact Dental Marketing Strategies That Are Driving Real Practice Growth Today

The landscape of dental practice growth in Australia has shifted dramatically over recent years. Standard, broad-spectrum advertising campaigns no longer yield the return on investment they once did. ...

Daily Bulletin - avatar Daily Bulletin

How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Lighting Shop in Perth: How The Right Lighting Can Transform Your Home And Business

The right lighting can completely change the look, feel, and functionality of any space. Whether it ...

Traffic Light System Solutions For Safer And More Efficient Traffic Management

Modern cities and growing communities rely heavily on effective traffic management to ensure safety...

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...