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Intelex - Compliance Center Software
With compliance at the heart of business continuity in regulated industries, staying prepared is mission critical. Whether your goal is to comply with complex environmental directives, complicated quality standards or critical health and safety regulations, your organization must adhere to and stay current with the latest regulations/directives and be able to prove it. Compliance may be mandatory for many organizations, but it also makes good business sense. Streamlining compliance management can improve competitiveness by freeing up bandwidth to focus on proactive risk mitigation strategies.elated activities, empowering you to achieve worry-free compliance.
Compliance means different things to different locations, industries and job functions,
but at the core you need to adhere to key regulations/directives while being able to prove
it to the appropriate regulatory entities.
No matter where your company operates or what products and services it offers, there are five basic steps to regulatory compliance.
Applicable regulations and directives depend on your company`s operating location(s) and line of business. But simply understanding the rules up front is not sufficient as the laws, policies and regulations that are important for your company are constantly changing.
Once you know the applicable required rules and regulations, you need to make a plan on how to comply. What staffing, equipment, policies and processes are required for your company to meet its compliance goals?
The more planning you do up front, the easier it will be to implement the plan and determine the KPIs required to measure its success.
Intelex Compliance Tracking Software sets compliance tasks, due dates, renewal dates, job escalations, threshold exceedance warnings, and more to create a compliance process that effectively drives itself.
Compliance regulations and directives are changeable, but so too are the goals for your business. Analyzing the progress for your compliance efforts and how they apply to external regulations as well as internal business goals creates a win-win scenario.