TORONTO--(BUSINESS WIRE)--Resolver Inc., a leading provider of Governance, Risk and Compliance (GRC) solutions, today announced they have been honored with a 2014 GRC Value Award in the Audit Management category by GRC analyst firm GRC 20/20. The award came as a result of an innovative Capital Project Audit Management program developed in partnership with their client TransCanada.

“Resolver has demonstrated proven business value in Audit Management, with its program GRC Cloud,” said Michael Rasmussen, Chief GRC Pundit for GRC 20/20 and internationally recognized expert.

In addition to a number of qualitative benefits, TransCanada has achieved quantitative benefits in a number of areas:

1. Reduced staff costs per capital project
2. Decreased overall capital project costs
3. Increased quality scores on capital projects

More detail on the benefits derived by TransCanada using Resolver’s GRC Cloud solution are available in the GRC 20/20 Case Study.

“We see applicability of this solution for any capital project intensive industry,” said Steve Taylor, CEO of Resolver. “We are seeing interest from existing clients in the Utilities, Mining, Oil & Gas and Construction verticals.”

To participate in a discussion on this solution, register for Resolver’s Webinar on How TransCanada achieved value using Resolver’s Audit Management Solution.

About Resolver

Resolver is the global leader in Governance, Risk and Compliance (GRC) software, with more than 400 clients in 40 countries. For over a decade, Resolver’s proven integrated solution has enabled our clients to gain significant efficiencies – with the fastest time-to-value in the industry – and address their business, audit, risk and compliance issues more effectively. GRC Cloud is among the broadest and most comprehensive platforms in the industry, spanning Finance & Internal Control (SOX, 52-109, A-123), Legislative Compliance, Internal Audit, Group Assessment & Identifications Workshop Tools, Incident Management and more.

About GRC 20/20

GRC 20/20 is the authority in understanding how organizations implement GRC practices that are effective, efficient and agile. Through independent research and industry interaction, GRC 20/20 advises the entire ecosystem of GRC roles within organizations, technology and knowledge solution providers, and professional service firms. Organizations engage GRC 20/20 when they need insight, guidance and advice in dealing with a dizzying array of disruptive issues, challenges, processes, information and technologies while trying to maintain control of a distributed and dynamic business environment.