Governance, Risk, and Compliance (GRC) platform refers to an integrated framework that organizations use to align IT and business strategies with regulatory requirements, manage risks, and ensure ethical operations. It combines governance (policy and decision-making structures), risk management (identifying and mitigating risks), and compliance (adhering to laws and regulations). GRC solutions are widely used across industries such as banking, healthcare, manufacturing, and IT to streamline audits, improve transparency, and enhance decision-making.