OpenPages Policy Management

Policy Management Is Key for a Culture of Governance, Risk and Compliance

Regulatory mandates, external risk factors and operating processes necessitate organizational adoption of a unique set of policies to meet those requirements. All too often, organizations rely on a three-ring binder of dusty policies that no one has read. Modern organizations may substitute intranets and word documents, but the problem remains. In order to foster a culture of governance, risk and compliance management, policy needs to be visible and actionable to organizational stakeholders.

Policy Management that Provides Visibility and Definition

OpenPages provides the capability for organizations to develop organizational policy, in a granular fashion, many levels deep. The result is more agility and focus in the organization – key stakeholders can be automatically alerted to the pieces of policy with which they need to be concerned. As policy evolves, discrete sections of organizational policies can evolve as well, ensuring policy is always up to date, and all changes are tracked over time. With OpenPages, policy becomes contextual, with the ability to map individual statements to corresponding business lines, processes and the regulatory mandates or external risk factors that may be the driver. As a result, when a related process or regulation changes, the corresponding policy change doesn’t slip through the cracks.

OpenPages Policy Management Provides Powerful Support for Risk and Compliance

OpenPages Policy Management Provides:

• Powerful policy definition, with granular statements at multiple levels deep
• The ability to map policy to affected business entities or processes
• The ability to map policy to drivers such as risk factors or regulatory mandates
• The ability to promote awareness, by routing just the relevant sections of policy to affected stakeholders

Benefits Include:

• Visibility into the state of policy compliance at a granular level in your organization
• Assurance that stakeholders are aware of which policies apply to them, and that they have acknowledged and accepted them
• Closed loop tracking of policies to the regulatory requirements and risk factors which drove their adoption
• Flexibility to change the pieces of your policy as they need to be changed due to external drivers

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