Changes in your own organization and in the laws and regulations make this highly complicated. After all, you must satisfy the compliance issues not just once, but continually. If a regulator wants information, you must be able to provide it in the short term. Regulation by the authorities is extremely strict in the US and Europe.
BWise Compliance Management offers a web-based solution that supports all compliance issues: from
compliance mapping to reporting and improvement measures. The BWise solution first maps possible
omissions or compliance issues. A non-compliance risk analysis is performed that tells you what compliance risks you are running. In order to make structural use of the results of this analysis within your organisation, BWise developed the Compliance Dashboard with various risk exposure indicators and risk indicators. This tool provides continuous insight into events within your organisation that are subject to compliance, enabling you to maintain control and take action if necessary.
All employees have the same information and observe the same rules in BWise Compliance Management. They can report incidents and near-incidents in the system, and offer ideas or comments to improve and focus compliance communication.
The Compliance Dashboard gives the Compliance Manager, who is accountable to both the executive board and other top managers as well as authorities, insight into all compliance-related matters with a single click. This makes it a lot easier to satisfy all reporting requirements. What is
more: because all information is stored and managed in one place, it can also be used for other business objectives such as risk management, process management and efficiency improvements.
To view the complete pdf including graphics and modular concepts, please click here.