Compliance Management

The video discusses the concept of "exceptions" in the context of Governance, Risk, and Compliance (GRC) functionality in the Eramba software. There are three types of exceptions:

• Risk exceptions: Used to document scenarios where no solution exists for a particular risk.

• Compliance exceptions: Used to document compliance requirements that do not apply to the organization.

• Policy exceptions: Used to document temporary exceptions to organizational policies.

The video walks through how to create, customize, and manage exceptions in Eramba, including setting expiration dates, linking to compliance requirements, and documenting decisions in the comments and attachments.

The video also covers setting up notifications and reports to monitor and manage exceptions, such as sending emails to exception owners before deadlines expire.