
Glossary
What is ServiceNow GRC?
ServiceNow GRC is the suite of ServiceNow applications that helps organizations manage policies, risks, audits and third parties on one platform.
What it covers
ServiceNow governance, risk and compliance (GRC) groups its applications into packages, each focused on one part of the work. ServiceNow describes the suite on its governance, risk and compliance data sheet.
Why it matters
Regulation keeps growing and risks cut across departments. Running governance, risk and compliance on the same platform as IT, security and procurement means controls are tested against live data and issues land in the workflows of the people who must fix them, rather than in a separate tool nobody opens.
How Aavenir handles it
Contracts are where many obligations and third-party risks are written down. ComplianceNext and Obligationflow run natively on ServiceNow, so contract terms, obligations and supplier evidence can sit beside the risk and compliance records that depend on them.
Keep reading
ServiceNow TPRM ServiceNow Third-Party Risk Management runs vendor onboarding questionnaires, risk assessments and issue follow up on ServiceNow.Read more
ServiceNow VRM ServiceNow Vendor Risk Management was the ServiceNow application for vendor risk, now part of Third-Party Risk Management.Read more
Vendor compliance Vendor compliance is a supplier meeting the requirements a buyer sets, from shipping rules to legal and policy standards.Read more Frequently asked questions (FAQ)
Common questions
What are the main ServiceNow GRC modules?
Policy and compliance management, risk management, audit management and third-party risk management. Each can be adopted on its own and they share one data model on the ServiceNow platform. Read about ServiceNow TPRM.
Who uses ServiceNow GRC?
Risk, compliance and internal audit teams, along with security, IT and procurement teams who own controls or third parties. Business owners take part when they attest to controls or answer assessments. Read about vendor risk assessment.
How do contracts connect to GRC?
Contracts hold the obligations, security terms and audit rights that controls and third-party assessments depend on. Linking them to GRC records means risk teams see what each supplier actually agreed to. See Aavenir on ServiceNow.
Have a question we have not answered? Ask the Expert
Schedule a demo
See your contracts run on one record.
- 1 A 30 minute walkthrough Built around your team, whether that is procurement, legal, IT or finance.
- 2 Your contracts, not ours Bring a few sample agreements and watch Aavenir AI extract and review them.
- 3 ServiceNow or standalone We show the deployment that fits the systems you already run.
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