Skip to content

How Hub & Spoke helps everyone manage risk and compliance

Dr. Heather Buker Dec 02, 2021
How Hub & Spoke Helps Everyone Manage Risk and Compliance

The 6clicks Hub & Spoke model provides customers with a flexible way to run GRC programs across multi-entity organizations and use cases. It allows organizations to centralize their risk and compliance function while empowering and providing teams with the autonomy they need to succeed.

Deep Dive Into the Hub & Spoke Model

For a long time, many companies have used tools such as SharePoint or Excel in an attempt to manage GRC activities. Anyone who has experienced such programs knows exactly how challenging this is. 6clicks is built to do away with such cumbersome tools and processes, while 6clicks Hub & Spoke is designed to do this at scale!

We have helped hundreds of organizations digitize their process so they can log on to one portal and access all of their entities from one centralized Hub (the Hub in Hub and Spoke). This provides them with a single pane of glass to support, manage and track the entities (the Spokes in Hub and Spoke) they have oversight over.

Core risk and compliance members interacting and engaging with entities across the organization have role-based access controls. This means they can only see and access the teams they are working with directly. All this can be managed by the centralized Hub team. 

But that's only the beginning. 6clicks Hub & Spoke allows you to determine of centralized or decentralized a risk and compliance operating model the organization wants to run. Standardized audit and assessment templates, control sets, projects and playbooks, and more can be defined and then pushed down to connected entity teams. Users within those teams can also create and use their own if need be. Teams can also leverage the 6clicks Content Library which is packed full of standards, laws, and regulations, as well as ready-to-go templates.

 

Benefits of the Hub & Spoke Model

As mentioned, Hub & Spoke applies to many different multi-entity organizations and use cases. Now, as impressive a tool as SharePoint is, surfing through a file-sharing tool is pretty clunky when it comes to managing GRC. Leveraging the Hub & Spoke model, where you have all of your information on a team-by-team or entity-by-entity basis in one location, makes everything so much easier to operate and move through the day-to-day. I will not mention versioning issues lest I ruin your day. 
 

Take a company like Amazon, for example. A global presence and oodles of risk and compliance processes. How do they categorize and maintain data segregation to operate their risk and compliance structure? The mind boggles. But these days, mega conglomerates are now not the only ones needing to manage risk and compliance by business departments or some other weird and wonderful segregation type that makes sense to them.

 

Use Case Example: Healthcare

Not to pick on healthcare, but it is a massive concern for risk and compliance and a huge target for cyber attackers. So it is an excellent case to illustrate how any industry can benefit.

How do healthcare systems currently manage their risk? Where do they begin? Well, in this day and age, most start with Excel. However, Excel has become an antiquated way of operating and managing a risk program.

With Hub & Spoke, a healthcare provider with multiple entities or divisions, either in various locations or all-in-one, can allocate a 'Super Administrator' with full view and access management. Essentially, each entity or division becomes a categorized 'Spoke' within the top view portfolio.

From there, headquarters can gain entry into each Spoke separately and then every single GRC activity within each Spoke.

The abilities to streamline, automate and closely (as well as easily) manage GRC activities from here are endless.

Anything from managing risks (threats and vulnerabilities included), mapping and demonstrating compliance, project management, assessing, auditing, controlling issues and incidents, managing assets, implementing and maintaining information security, and much more is within arm's reach. 

Headquarters can go as granular as they want. 

Onboarding is easy. Managing risk is manageable. Being able to have access to relevant content in our library is easy, and we house all that information in one consolidated, integrated, and fully automated platform.

Hub & Spoke is for every industry and won't break the bank or sit on the shelf - and now we're offering a further discount of 25% for not-for-profits. 

 

How is the 6clicks Hub & Spoke Model Different?

For the simple reason that, across the board, it does not exist anywhere else. There is no other way to be able to have all the information you need to manage GRC on a team-by-team or entity-by-entity basis. We love it when organizations see 6clicks Hub & Spoke and say 'finally a GRC solution that gets us'.

So that's one of the reasons it's been so attractive for multi-entity organizations, simply because there wasn't any other tool on the market that could fit to meet their organizational design and hierarchy.

 

Some of the biggest things that 6clicks customers value

  • We build our product based on what our customers need. We take customer feedback extremely seriously because the only way you can continue to provide value in the marketplace is to listen to the people using your tool. We are not afraid to hear that harsh feedback.

  • Everything we offer is for firms and businesses of all sizes. Smaller firms or small business owners can get a lot out of this because, as we know, it just costs too much to have an entry point into digitizing their efforts.

  • The 6clicks you see today will not be the 6clicks you know a quarter from now because of that continuous feedback. We love becoming friends with our users and being there for them along their journey.

Conclusion

Developing a holistic view of your organization's GRC program utilizing 6clicks creates immediate value and ROI for your organization. Leverage your first-mover advantage with a renewed governance, risk, and compliance approach. 

Ready to start building your top-down approach to GRC? How about a whistle-stop tour with one of our 6clicks maestros? Easy, click the button below and let the good times roll.

BOOK YOUR DEMO

All we want to do every day is make the world of GRC easier to manage. We can't do that without you, so we hope to hear from you soon!

Related useful resources

Leave a Comment