Etrends - Innovating GRC Solutions for Effective Risk Management

Etrends is a leading provider of Governance, Risk, and Compliance (GRC) solutions to businesses of various sizes worldwide. With over a decade of experience in the industry, the company is committed to helping its clients navigate the complex landscape of risk and compliance. Etrends offers unique, insight-driven, and customized GRC solutions that assist organizations in identifying potential risks and opportunities.

Etrends' flagship brand, Laser^®, is a suite of smart, web-based GRC products that cater to the varying needs of an organization specifically for Enterprise Risk, Legal Compliance, Internal Audit Reporting, and Internal Financial control Management. They are known for their efficiency and effectiveness and are preferred by corporate clients in India, the UK, the USA, North Australia, the Middle East, and Africa.Etrends is driven by a collaborative and consultative approach, making it a go-to partner for companies looking to enhance their risk and compliance management capabilities.

Etrends' Laser^® products offer a centralized, access-controlled environment for monitoring and managing enterprise risks, internal audit reporting, compliance management, and internal financial controls. The Laser^® solutions are designed to help organizations increase compliance levels, establish transparent and uniform processes for GRC management, and provide a unique perspective on current business challenges.

Laser Risk Management System (LERMS^®)

This web-based solution is designed to deliver a centralized risk management system that enables users to identify risks, evaluate the likelihood and impact of those risks, and relate them to mitigating controls. The LERMS^® helps organizations establish a transparent and uniform process for risk management and brings risk managers, risk owners, and management together. With the LERMS^®, organizations can track the resolution of identified risks and make informed decisions around identifying and implementing appropriate risk mitigation strategies.

The LERMS^® offers a range of features, including:

Centralized and web-based risk management system: The LERMS^® delivers a single platform for risk managers, risk owners, and management to collaborate and manage risks associated with various business processes, functions, and departments.

Risk Identification: The LERMS^® enables users to identify and document potential risks and their sources across various business processes and departments.

Risk Evaluation: With the LERMS^®, users can assess the likelihood and impact of identified risks on various business processes and departments.

Mitigating Controls: The LERMS^® enables users to document and map mitigating controls to identified risks for effective risk management.

Risk Tracking and Reporting: The LERMS® tracks the progress of identified risks and their associated mitigating controls and provides configurable reports for effective decision-making.

Laser Audit Reporting System (LARS^®)

LARS^® is a web-based audit management software that enables businesses to plan their annual audits, schedule audits, view audit programs, create work papers and findings, and track ongoing observations. The LARS^® puts users in control of the complete audit lifecycle by establishing a systematic, disciplined, and uniform process for internal audit management. The LARS® is aligned with the Institute of Internal Auditors (IIA) standards, ensuring that audits are conducted in accordance with industry norms.

The LARS^® offers a range of features, including:

Centralized and web-based audit management: The LARS^® delivers a centralized platform for audit management, allowing users to plan, schedule, and monitor the progress of internal audits across various departments.

Audit Planning: The LARS^® enables users to plan and schedule audits, define audit objectives and scope, and create audit programs.

Audit Execution: The LARS^® enables users to conduct fieldwork, create work papers, document findings, and document observations for effective audit reporting.

Audit Reporting: With LARS^®, users can generate configurable audit reports and track findings and their associated remedial actions.

Laser Legal Compliance System (LLCS^®)

The LLCS^® is a flexible, web-based solution that delivers a centralized, access-controlled environment for monitoring legal compliance. The LLCS® provides businesses with a transparent and uniform process for managing legal compliance throughout their organization. The solution is designed to bring compliance teams, compliance owners, and management on the same platform for efficient and effective compliance management.

The LLCS^® offers a range of features, including:

Centralized and web-based compliance management: The LLCS^® is a centralized platform that provides visibility into legal compliances that businesses need to comply with.

Compliance Identification: The LLCS^® enables businesses to identify the legal requirements they need to abide by and measure their compliance status.

Compliance Evaluation: The LLCS^® enables businesses to evaluate their compliance status against various parameters and identify gaps.

Mitigating Controls: The LLCS^® allows businesses to document and map mitigating controls to identified compliance gaps for effective compliance management.

Compliance Tracking and Reporting: The LLCS^® tracks the progress of identified compliance gaps and their associated mitigating controls and provides configurable reports for effective decision-making.

Laser Internal Controls Manager (LICMTM)

The LICMTM is a comprehensive and integrated web-based solution that helps businesses implement an effective internal control framework across the enterprise. The LICMTM is aligned with the COSO 2013 framework and the Institute of Internal Auditors (IIA) standards, enabling businesses to manage their internal controls effectively.

The LICMTM offers a range of features, including:

Centralized and web-based internal controls management: The LICMTM provides businesses with a centralized platform for managing internal controls across various departments.

Internal Control Identification: The LICMTM enables businesses to identify internal controls across various business processes and departments.

Internal Control Evaluation: The LICMTM enables businesses to evaluate the effectiveness of their internal controls on a real-time basis.

Mitigating Controls: The LICMTM allows businesses to document and map mitigating controls to identified internal control gaps for effective management.

Internal Control Tracking and Reporting: The LICMTM tracks the progress of internal control gaps and their associated mitigating controls and provides configurable reports for effective decision-making.

Meet the leader behind the success of Etrends

Manesh Karani, CEO 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.

“To collaborate with clients and develop innovative and affordable GRC solutions to help them solve critical business issues and help create value for our customers and stake holders”