To meet the rising expectations of clients who seek sustainable improvements from automotive manufacturers, companies need to seek competency from their current business model, identify risks and challenges, and uncover new opportunities by implementing a robust GRC. system to govern and regulate the business. Managing, communicating, and coordinating with multiple suppliers and vendors and keeping track of policies and contacts are all challenges that need to overcome efficiently.

With rising global demand for regulations, emerging opportunities, and competitiveness come sets of risks identified by implementing transparency internally and externally. A risk management system allows for risks to assess and address correctly and efficiently. An end-to-end Audit system will give much-needed clarity for strategic planning.