Governance, risk, and compliance in one place

A practical approach to GRC for teams that want clarity without complexity.

Governance

Keep policies, owners, and accountability organised so the right people manage the right records.

Risk awareness

Track obligations and their status so issues are less likely to be left unmanaged.

Compliance

Maintain a central obligations register with tasks, reminders, and connected evidence.

Core capabilities

Obligations register

A structured home for obligations with owners, due dates, and status.

Policy library

Store policies centrally and keep the current version easy to find.

Audit activities

Organise audit work and link the evidence that supports it.

Reporting

A dashboard view of what is on track and what needs attention.

Generic GRC vs NovoCove

A focused comparison to help you decide which kind of tool fits your team.

CapabilityGeneric GRC suiteNovoCove
Regulatory scopeOften broad — enterprise risk, third-party risk, ESG, financial controlsFocused on the obligations Australian care-sector and growing teams actually face: ACECQA, ACQSC, AHPRA, NDIS, AUSTRAC, APRA
Target userLarge enterprises with dedicated GRC teamsCompliance leads, operations, and care managers in mid-market and growing Australian organisations
Pricing modelPer-seat enterprise licensing, often $100k+ annuallySubscription aligned to organisation size, transparent on the public pricing page
Evidence exportAudit module, often configuration-heavyAudit-ready evidence pack per obligation, exportable on demand
Credential trackingCustom configuration or third-party integrationNative — WWCC, first-aid, AHPRA registration, NDIS worker screening, with expiry alerts
AUSTRAC / ACQSC coverageMay be a module add-onBuilt into the obligations register and reporting view
Time to value3–6 month implementation typicalDays, not months — start with a single obligations register and expand from there

For a side-by-side of the underlying compliance management software capabilities (alerts, dashboards, evidence export, multi-site), see the comparison page.

Vertical GRC modules: childcare and aged care

Generic GRC platforms treat sector obligations as configuration. NovoCove ships with the Australian care-sector obligations pre-mapped for each vertical.

Childcare GRC module

ACECQA National Quality Framework with all seven NQS Quality Areas, Working with Children Checks for every state and territory (NSW, VIC, QLD Blue Card, WA, SA, TAS RWVP, ACT WWVP, NT Ochre Card), HLTAID011 / HLTAID012 first aid, anaphylaxis and asthma management training, mandatory reporter training, and educator-to-child ratio coverage. The obligations register is pre-populated with the ACECQA NQF and the assessment and rating evidence flow is built in. See the childcare compliance software page for the full module.

Aged care GRC module

Strengthened Aged Care Quality Standards (all 8), the Serious Incident Response Scheme (SIRS) with the 8 reportable incident categories pre-mapped and the 24-hour / 30-day deadlines pre-calculated, AHPRA registration tracking for RNs, ENs, and allied health, NDIS Worker Screening with the 5-year renewal cycle, and the ACQSC audit evidence export. The SIRS workflow generates the Commission notification format on demand. See the aged care compliance software page for the full module.

CPS 230 and APRA-regulated entities

The Australian Prudential Regulation Authority (APRA) introduced CPS 230 Operational Risk Management, which took full effect on 1 July 2025. It requires APRA-regulated banks, insurers, and superannuation trustees to maintain an operational risk management framework, map critical operations, and set tolerance levels for disruptions and third-party service providers.

NovoCove is positioned for the compliance obligations adjacent to CPS 230: obligations registers, evidence management, third-party-provider records, and service-provider oversight. APRA-regulated entities that need a full CPS 230 operational-resilience platform should evaluate dedicated tools — NovoCove can then serve as the day-to-day compliance work surface alongside it.

What is ASIC compliance management software?

ASIC compliance management software helps Australian companies meet their obligations to the Australian Securities & Investments Commission. In practice, that means an Australian Financial Services (AFS) licensee obligations register, internal dispute resolution (IDR) and AFCA reporting, breach reporting timelines, corporate governance and director duties registers, and financial reporting calendars.

If you are evaluating tools in that space, our ASIC compliance management software page walks through what to look for and where NovoCove fits alongside other tools.

Why teams choose a focused approach

  • Clear ownership and accountability across policies and tasks
  • A single, current view of obligations and their status
  • Evidence kept in context for faster audit readiness
  • An approachable interface the whole team can use

Frequently asked questions

What is GRC software?
GRC stands for governance, risk, and compliance. GRC software helps organisations bring these related activities together, typically through policy management, an obligations or risk register, audit activities, evidence, and reporting, so the information is easier to coordinate and keep current.
Is NovoCove a full enterprise GRC platform?
NovoCove focuses on practical, day-to-day compliance management — obligations, policies, audits, evidence, tasks, and reporting. It is well suited to teams that want clear governance and oversight without the complexity of a large enterprise GRC suite. If you need advanced, enterprise-scale GRC capabilities, it is worth confirming that the specific features you require are supported.
Who uses GRC software in Australia?
Compliance and risk managers, operations teams, internal audit teams, and business owners use GRC tools to keep governance, risk, and compliance activities organised and visible. The right fit depends on the size of your team and the scope of what you need to manage.
Does NovoCove guarantee regulatory compliance?
No. NovoCove helps you organise and track governance, risk, and compliance activities, but it does not guarantee compliance and is not a substitute for professional or legal advice. Responsibility for meeting obligations remains with your organisation.

Ready to bring GRC together?

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