Culture of Compliance - Confirmation
Making certain your organization is following through on its compliance activities and ensuring these activities are effective and appropriate are critical success factors in creating a culture of compliance.
With a single, integrated framework, IBS lets you manage all aspects of your compliance confirmation activities, including:
Assessments
Plan, develop and schedule your assessments in order to continually assess compliance to the full range of applicable regulations and standards. Enforce and evaluate the management of policies, procedures and training to identify potential risks and areas in need of improvement.
Testing & Validation
Plan, record and execute the testing of controls to ensure they are well-designed and working as intended.
Notifications and Alerts
Automatically schedule reassessments and retest activities. Avoid lapses with automated notifications and reminders of pending deadlines.
Escalation
Ensure rapid, consistent attention to past-due compliance issues with multiple levels of integrated escalation that turn requests into actions.
IBS lets you manage all of these crucial confirmation functions via a single, powerful compliance management framework. The IBS solution provides the added advantage of integrating your Confirmation element with your Communication and Correction activities.