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In today’s highly regulated business environment, corporations are required to manage compliance of many global regulatory mandates, including privacy, industry and process regulations. Regardless of the scope of an organization’s compliance environment, similarities across regulations create overlapping management, documentation, internal controls and audit demands, which can overwhelm efforts to effectively identify and manage corporate compliance risk.
As regulatory pressures continue to mount, businesses that take a more practical, cross-regulatory approach to managing compliance will alleviate increasing cost and complexity. At the same time, with compliance management software, they will gain valuable insight into risks to key business processes and internal controls that could affect corporate performance in the form of legal action, fines and penalties, or damage to a company’s reputation.
As part of the OpenPages Platform, OpenPages GCM is a key building block in implementing an enterprise-wide, integrated approach to risk and compliance management. OpenPages enables leading corporations to eliminate risk and compliance silos, sustain compliance across multiple regulations, and embed these activities into their core business practices.
OpenPages GCM is compliance management software that delivers a policy-driven, process-centric way to manage compliance through risk and control self-assessments, end-user surveys and automated workflow. It assists corporations with financial controls compliance, industry compliance and corporate compliance. It also has executive dashboards that provide management with the visibility, control and decision support required for regulatory compliance and to optimize business performance.
OpenPages GCM empowers organizations to sustain compliance across multiple regulatory mandates. OpenPages GCM compliance software automates the ongoing test, review, attestation and remediation process, while helping to identify similarities between regulations to reduce redundancy and duplication of effort. Decision support — in the form of interactive dashboards and reports — provide General Counsel and Chief Compliance Officers the confidence that compliance is achieved, risks are mitigated and corporate policies and procedures are enforced.
If you would like to read more about compliance management, view the white paper “General Compliance Management: Reducing the Cost and Complexity of Complying with Multiple Regulations,” or the case study, entitled, “Fortune 500 power company unifies compliance programs with OpenPages GCM.” Both are available in the right-hand navigation of this page.
For questions about OpenPages' Enterprise GRC Management solutions, including our compliance management software, please click here or call us at 781.693.5999.
