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TRACe

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Software Status:Active

About TRACe

TRACe is a GRC (Governance, Risk, and Compliance) software from Multimedia Computer Systems that supports organizations in managing compliance and risk. It provides features including TRACe GRC, Doc Assist, and Case Studies so users can effectively track regulatory obligations, improve documentation, and use real-world examples for better decision-making. This platform also integrates with Digital Office Framework to facilitate broader organizational governance and risk management strategies. With its focus on comprehensive reporting and compliance documentation, TRACe helps organizations maintain regulatory adherence and mitigate risks. Key capabilities: TRACe GRC Doc Assist Case Studies Digital Office Framework Financial Accounting Best for: organizations that need reliable governance and compliance solutions.

TRACe Details

Vendor
Multimedia Computer Systems
Year Launched
N/A
Location
#736, 7th Main, 1st Floor, Mahalaxmi Layout, Bengaluru-560086, Karnataka, India
Deployment
cloud
Training Options
demo, account manager, community
Countries Served
All Countries.
Languages
ENGLISH
Users
financial institutions, healthcare organizations, government agencies, and large enterprises managing compliance across multiple departments.
Industries Served
Healthcare, Education, Finance, Retail, Manufacturing
Tags
governance, risk, and compliance

TRACe's In-App Market Place

Does TRACe have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

($) USD

Pros & Cons

  • Its web-based accessibility means auditors can conduct work seamlessly even when traveling.
  • The system follows the internationally recognized ISO PDCA cycle, ensuring audit quality instantly.
  • Integrating all audit, risk, and compliance activities prevents data silos and messy manual consolidation.
  • Detailed workflow and Maker/Checker controls enforce robust governance and dual authorization needs.
  • The automatic logging and security features create an accurate, undeniable audit trail of all activities.
  • The complexity of the integrated EDICT framework might require significant initial training for new users.
  • Data capture relies on Excel or custom interfaces, potentially limiting integration with less common accounting systems.
  • The numerous features and customization options may overwhelm smaller audit practices using the standard product.
  • The system is a specialized auditor's tool, possibly lacking features for broader enterprise risk management.
  • The company is based in India, which might pose support or time zone issues for US/EU clients.

TRACe's Support Options

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