Demonstrate compliance within a single source.
Governance and compliance cannot afford to be hit or miss in today’s regulatory climate.
People, processes and systems must not only be compliant, they must be demonstrably compliant. Companies can’t afford to keep re-interpreting legal positions or spending time and energy hunting down authoritative sources. Different localities, regions and countries have to be able to manage their own rules and policies inside a broader corporate framework.
As companies adopt corporate Governance, Risk and Compliance (GRC) processes they need to bring legal, business and technical people together. If a common vocabulary is understood by all parties can compliance be managed. If different groups involved in a project disagree on the vocabulary, they can’t usefully discuss or agree on what the regulations mean or what the company’s policy truly is. From a single source for governance and compliance, integrating multiple perspectives and local variations is essential to reduce compliance risks and governance costs.
RuleXpress provides a comprehensive framework for compliance and helps embed governance into your operational processes