The solution provides a simple out-of-the-box risk management control framework for practitioners and newcomers, enabling them to;
- Monitor and test compliance against any regulation, standard and framework
- Obtain greater visibility of their compliance program
- Capture information from various stakeholders easily and effectively
The software also helps compliance teams save time by providing a centralised control library that is pre-populated and mapped with hundreds of standards and regulations.
Compliance professionals can effectively delegate routine compliance tasks; people are assigned ownership to assess the design and operating effectiveness, and self-assess the maturity of controls, allowing compliance professionals to identify and resolve any non-conformities. An organisation’s compliance program and its level of compliance can also be tracked in real-time through live dashboard charts and reports within the cloud-based compliance solution.