Naresh Pathak is Regional CIO for India and South East Asia for ANDRITZ. He has over two decades of experience in global tech companies in IT strategy, enterprise business application, operations, compliance, information security, and cost control, among other areas. His expertise involves digitization, SMAC, IoT, incident, problem and change management.
For manufacturing conglomerate ANDRITZ, adhering to governance, risk and compliance is a must-have to maintain tight controls for the smooth operation of the company.
The organization was planning for an appropriate GRC tool that could control and mitigate the risk of unauthorized access control to the systems. To deal with this challenge, the company implemented a solution that has eased its woes. Now, it is possible to receive immediate alerts in case of a conflict and identify possible risks associated with it. This helps in statutory audit to get the required reports and information directly from the application itself.
Earlier, this was a manual process, which also had security loopholes. The results have been increased operational effectiveness, improvements to the value chain and supply chain efficiency. The implemented tool has resulted is a robust GRC mechanism which is running smoothly for the manufacturing player.