Friday, 6 June 2008

Using regulatory compliance as a catalyst for change (2)

The main benefits of a government Risk Management and Compliance system should deliver are:

Consistency delivered across the company, through the use of Document Management for enterprise wide production of information, including systems for e-mail daily while ensuring wide adoption and adherence.

Sustainability, for organizations that provide the framework to manage changes and new requirements as they occur, whether the organizational changes, such as the purchase or entry into new markets; GRC or changes in management, such as new or amended legislation and standards .

Efficiency through support the efficient allocation of resources, the areas most high cost and risk are identified.

Accountability ensuring that preventive and corrective actions are managed and registered throughout defined processes.

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