Exploring Now Assist for Integrated Risk Management (IRM)

  • Release version: Australia
  • Updated March 12, 2026
  • 2 minutes to read
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    Summary of Exploring Now Assist for Integrated Risk Management (IRM)

    The Now Assist for Integrated Risk Management (IRM) application leverages generative AI to enhance IRM tasks such as summarizing issues, identifying risks, and reviewing controls. This integration streamlines workflows related to issues, risks, controls, and policy exceptions, improving overall efficiency in managing IRM records.

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    Key Features

    • AI-Powered Assistance: Simplifies and accelerates routine tasks embedded within IRM records.
    • Quick Insights: Provides immediate insights into IRM data without the need for manual documentation review.
    • Early Risk Identification: Analyzes existing data patterns to highlight potential risks.
    • Decision-Making Support: Delivers AI-generated insights directly within user workflows.

    Key Outcomes

    Now Assist for IRM facilitates enhanced efficiency in interpreting and acting on IRM records through various generative AI capabilities:

    • Issue Summarization: Generates concise summaries of issue records to boost organizational efficiency and team coordination.
    • Control Objective Rationalization: Streamlines compliance management by eliminating redundant control objectives.
    • Risk Assessment Summarization: Creates summaries from risk assessment data, providing actionable insights for assessors and approvers.
    • Regulatory Alert Summarization: Converts regulatory content into concise summaries, highlighting key changes and compliance actions.
    • Recommendation Generation: Links relevant control objectives to incoming regulatory changes, reducing manual compliance efforts.

    Next Steps

    For further guidance on configuring and utilizing Now Assist for IRM, consider exploring the following:

    • Supporting information for Now Assist for IRM
    • Activating skills in Now Assist for IRM
    • Enabling agentic workflows
    • Customizing the issue summarization skill
    • Optimizing GRC issue resolution

    With the Now Assist for Integrated Risk Management (IRM) application, you can use generative AI to support key IRM tasks such as summarizing issues, identifying risks, and reviewing controls. These capabilities are integrated into IRM records and help streamline how you work with issues, risks, controls, policy exceptions, and more.

    Now Assist for IRM overview

    The following generative AI capabilities are available in Now Assist for IRM:
    • Simplify and speed up routine IRM tasks with AI-powered assistance embedded in your records.
    • Gain quick insights into IRM data without manually parsing through detailed documentation.
    • Identify potential risks early by analyzing patterns in existing data.
    • Improve decision-making with AI-generated insights available directly in your workflows.

    Now Assist for IRM skills/workflows

    Now Assist for IRM includes generative AI capabilities that help you interpret and act on IRM records more efficiently. These capabilities support tasks such as summarizing issue details, reviewing control effectiveness, identifying risks, and analyzing policy exceptions.
    Table 1. Agentic workflows
    Workflow Feature User role
    Using agentic workflows in IRM agentic workflow Leverage the power of AI agents to generate an action plan and suggest remediation tasks for a GRC issue.
    • sn_grc_genai.issue_user
    • sn_irm_gen_ai.user
    • sn_grc_genai.issue_aiagent_user
    Table 2. Generative AI skills
    Skill Feature User role
    Issue Summarization skill

    Analyze issue records using generative AI to generate concise summaries, improving organizational efficiency, team coordination, and productivity.
    • sn_grc_genai.issue_user
    • sn_irm_gen_ai.user
    Generate recommendation for similar control objective Control objective rationalization streamlines risk and compliance management by eliminating redundant or overlapping control objectives, improving efficiency while ensuring compliance.
    • sn_irm_gen_ai.user
    • sn_comp_case.compliance_​case_analyst
    • sn_comp_case.compliance_​case_manager
    Risk Assessment Summarization Use Now LLM Service to generate risk assessment summaries from inherent, residual, target risks, and control effectiveness data. These summaries highlight key factors and relevant comments, helping assessors and approvers gain actionable insights.
    • sn_grc_sharegenai.risk_asmt_user
    • sn_risk_advanced.ara_assessor
    • sn_risk_advanced.ara_approver
    • sn_irm_gen_ai.user
    AI-driven regulatory alert summarization skill

    Leverage Now LLM Service to convert regulatory content into concise, business-relevant summaries with key changes, deadlines, and compliance actions—delivered in real time.
    • sn_irm_gen_ai.user
    • sn_grc_reg_change.user
    • sn_grc_comp_genai.reg_change_ai_user
    AI-generated recommendations for a regulatory alert skill Use this skill to identify relevant control objectives linked to incoming regulatory changes. It streamlines the compliance process and reduces manual effort.
    • sn_irm_gen_ai.user
    • sn_grc_reg_change.user
    • sn_grc_comp_genai.reg_change_ai_user

    What to explore next

    To learn more about configuring and using Now Assist for IRM, see: