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Compliance Managers are entrusted with ensuring that an organization has the processes and controls to meet the requirements imposed by governmental bodies, regulators, industry mandates or internal policies. However, as the multiple compliance initiatives become more intertwined from regulatory and organizational perspectives, Compliance Managers are focusing on effective rationalization of controls to provide a clear, unambiguous process for compliance management and to deliver a single point of reference for the organization. Architecturally, decentralized ownership with centralized monitoring and reporting is leading to better business performance.
MetricStream for Compliance Managers
- Document regulatory policies, requirements and controls
- Consolidate compliance programs spanning regulations and policies
- Manage complex hierarchies and reporting structures
- Conduct surveys, certifications, awareness programs
- Test controls, identify issues and implement remediation plans
- Monitor compliance with across organization and regulations
- Reduce cost and effort of compliance
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