GRC Uncensored is back, and your hosts Troy Fine and Elliot Volkman are joined by Martin Cozzi, CEO of Pima, to discuss when, if at all, it makes sense to invest in a GRC tool to support a company's compliance efforts.

The discussion spans the necessity and use of various compliance tools, the challenges of scaling compliance, and the importance of having well-defined processes and dedicated personnel. They highlight the actual costs and benefits of compliance, questioning superficial practices and emphasizing the need for personalized solutions. The episode also addresses misconceptions and executive decisions crucial for maintaining compliance, offering comprehensive insights into modern GRC strategies and the evolving role of tools in achieving SOC 2 compliance.

00:00 Introduction to GRC Uncensored

00:22 Meet the Hosts and Guest Introduction

00:38 The Need for GRC Tools

02:52 Legacy vs. Modern GRC Tools

05:26 Challenges with GRC Tools

12:12 When to Choose GRC Tools

12:49 The Role of Processes in GRC

20:49 GRC Tools for Startups

23:20 The Cost of Compliance

24:43 The Role of Auditors

26:47 Touchless Audits: Pros and Cons

28:19 The Value of SOC 2 Reports

30:50 Choosing the Right Compliance Tools

32:31 The Future of Compliance Tools

40:46 Final Thoughts and Reflections

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