Compliance Management Solution
The foundation of any effective enterprise GRC strategy
is a compliance program that integrates into the operational functioning of the
organization. Effective, efficient and responsive management of compliance activities
related to laws, regulations, standards such as PCI, CoBit or ISO and internal
policies is key to the success of the GRC initiative. The Compliance 360 compliance
management solution is designed to streamline processes and automate the management
of compliance activities while providing a global view to identify gaps, remediate
issues and demonstrate proof of compliance.
The Compliance Management Solution features key components to monitor pertinent
regulations and other requirements, organize compliance documentation, projects
and activities, conduct audits and self-assessments, collect and manage issues
and incidents, and demonstrate proof of compliance through the Virtual Evidence
Room™.
| Features |
Value |
| Regulatory Intelligence & Content
Repository |
The ability to seamlessly pull in actionable content (laws & regulations)
into a central content repository with automated alerts of changes to those
laws & regulations. Compliance 360 provides features for disseminating
legal and regulatory information across the organization. |
| Virtual Evidence Room™ |
All activities and documentation are directly linked to
specific laws, regulations and other requirements to demonstrate proof
of compliance in
an easily accessible view for internal & external audits. |
| Policy Management* |
Full life-cycle management of policies and procedures including customizable
workflow for collaboration and approval activities as well as version control
and audit trail features. |
| Executive Dashboard |
Configurable home page that includes graphical reports with drill-down
capability for tracking all compliance activities. |
| Automated Assessments |
Complete suite of assessment tools to automate monitoring
of compliance status. |
| Incident Management |
Collect, store, and collaborate on compliance-related incident information
and track progress of investigations. |
| Contract Management |
Customized workflow processes that automate collaboration, establish
paths for approval routes and keep everyone on track for timely revisions. |
| Project Management |
Enterprise-wide project management with automated task management capability
to promote collaboration and accountability. Includes extensive review
and reporting capabilities. |
| Forums |
Manageable knowledge base of authored research and “frequently
asked questions” (FAQ) relative to compliance and legal issues. |
| Surveys |
Create customized surveys for data collection of any type including attestations
and audits. Provides automated distribution of surveys to an unlimited
number of respondents. |
| Meetings |
Organize and manage all compliance related meeting activities,
record the minutes and attendance, keep track of assigned tasks and link
all documentation
into your Virtual Evidence Room™. |
| Reporting & Search |
Real-time reporting tools that provide a global view of all activities
related to compliance, and risk management with extensive drill-down capabilities.
Comprehensive search capabilities allow for quick retrieval of needed information. |
Benefits
- React quickly to changes in law, enforcement actions and external
events
- Create a continuous state of readiness for audits, surveys and exams
- Increase
accountability and management visibility into compliance status
- Decrease
labor intensive processes and documentation
- Enforce standards and consistency
throughout organization
The Virtual Evidence Room™ provides
an easily accessible, real-time view of all activities and documentation directly
linked to specific laws, regulations and other requirements for internal & external
audits to demonstrate proof of compliance.
|
