Policy Management involves the creation, communication, and enforcement of policies within an organization. ServiceNow’s Policy Management solution helps in defining policies, tracking policy acceptance, and ensuring compliance with industry regulations.

Audit Management encompasses the process of planning, executing, and reporting on audits within an organization. ServiceNow’s Audit Management solution provides tools for managing audit processes, tracking findings, and ensuring corrective actions are taken.

Operational resilience focuses on an organization’s ability to continue operating effectively in the face of various disruptions. ServiceNow’s Operational Resilience solution helps in identifying critical business functions, assessing risks, and developing strategies to maintain operations during adverse events.

Business Continuity Management involves developing and implementing plans to ensure that essential business functions can continue during and after a disaster. ServiceNow’s Business Continuity Management solution assists in creating and testing continuity plans, managing response efforts, and facilitating recovery activities.

Third-Party Risk Management pertains to managing risks associated with third-party vendors and partners. ServiceNow’s Third-Party Risk Management solution helps in assessing and monitoring the risks posed by external parties, ensuring compliance with regulations, and maintaining strong vendor relationships.