Etrends – Offering unique, insight-based and tailor-made GRC solutions to companies across the world

We have seen organizations struggling in linking the strategies with risk management. Policymakers fail to assess and mitigate the possible risks and their impact on organizational goals. Not developing proper channels and methods of risk management eventually leads to either ineffective system or total system collapse. GRC or Governance Risk Compliance incorporates the Governance functions of an organization, risk management, and compliances of rules, regulations, and policies into a single structure. An effective GRC strategy not only saves time and effort in risk awareness and informed decision-making but also helps in improving the overall performance of the organization. It is a strategy including several tools that an organization adopts for overall governance, enterprise risk management, and compliances to meet the strategic organizational objectives.

Etrends is a leading provider of GRC Solutions to top notch business houses in India and abroad. GRC is a technology-enabled integrated process that takes a comprehensive look at risk management and compliance across the organization. With over 10 years' experience in the industry, Etrends has a range of competitive solutions that help organizations see beneath the surface, spot the risks and discover the possibilities. Recognized under the brand name ‘Laser^®’, their GRC tools have carved out a niche for themselves and are preferred by corporate clients in India. Etrends have also deployed the Laser^® GRC tools in markets across the UK, USA, North Australia, Middle East and Africa. Their smart, web-based Laser^® products cater to the requirements of an organization specifically for Enterprise Risk, Legal Compliance, Internal Audit Reporting and Internal Financial Controls Management.

The Laser^® GRC Suite

The Laser^® GRC Suite offers world class role-based software solutions for internal audit, internal control, risk management, and legal compliance management. Each solution can be used as standalone or can even be seamlessly integrated within the GRC Platform. Departments across an organization are able to work from one common platform which makes it easier for companies to identify, understand, measure and manage key organizational risk on a holistic level.

Laser Risk Management System (LERMS^®): Risks can threaten an entire organization, not just a business unit or process. With an increasing concern and focus on risk management, especially to effectively identify, assess, and manage risk, organizations need a transparent enterprise risk management (ERM) system in place. The Laser Risk Management System (LERMS^®) delivers a central risk management system for identifying risks, evaluating their likelihood and impact, relating them to mitigating controls and tracking their resolution. It establishes a culture of risk management across your organization and helps you achieve future goals by avoiding surprises along the way.

Laser Legal Compliance System (LLCS^®): Having a systematic identification and monitoring process for legal and compliance risks can help companies navigate the pitfalls, uphold a positive image and build consumer trust. Implement a transparent and uniform process for managing legal compliances in your organization with the Laser Legal Compliance System (LLCS^®) – a centralized, access-controlled environment for monitoring the status of legal compliances that brings compliance teams, compliance owners and the management on the same platform. View compliances along with its proof and list of non-compliances if any. Initiate transparency and confidence in certifying compliances at all levels. Decentralize compliance management at location level and empower local administrators to manage compliance at location level.

Laser Audit Reporting System (LARS^®): Having an effective internal audit software system allows businesses to identify its strengths and weaknesses. To leverage internal audit for future success, the key is to have the right tools to support the people and processes, reduce audit cycles and deliver value to stakeholders. The Laser Audit Reporting System (LARS^®) is a web-based solution that puts you in control of the complete audit lifecycle by establishing a systematic, disciplined and a uniform process for internal audit management. Get real-time completion status of ongoing audits at all locations. Centrally manage audit planning, audit programs, work papers and fieldwork and coordinate information among Auditors, Auditees and Management at all levels of organization. Get ageing analysis of all open observations by importance of observation, department and by SBU.

Laser Internal Controls Manager (LICM™): A systematic approach to internal controls is a key in identifying the risks and controls facing an organization. The ability to effectively manage these parameters results in greater degree of control and optimal financial management. The Laser Internal Controls Manager (LICM™) is a fully integrated web-based solution that gives you the status of all Internal Controls and Financial Controls in an organization thus giving assurance to the senior management in real time. Aligned with the COSO 2013 framework and Institute of Internal Auditors (IIA) standards, it helps you implement an effective internal controls framework across the enterprise, providing a unique perspective on current business challenges. Effectively plan Audits for Internal and Financial Controls based on control self-assessments location wise. Enhance internal control process and assurance through the LICM™.

Manesh Karani | Founder & Chairman

Manesh is an Engineering Graduate from Mumbai, India with a specialization in Computers. He is the founder and has been the visionary in driving Etrends’s growth. Mr. Karani oversees Business Development, Finance and Legal Departments for Etrends. He is also the key person in identifying and successfully developing new products for the company.

"At Etrends, we believe in collaborating with our clients and understanding their requirements thoroughly to innovate and develop cutting-edge GRC solutions."