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The need to comply with an ever-increasing number of industry regulations continues to weigh on businesses. Compliance costs are skyrocketing, and the failure to meet regulations represents a serious threat to every bottom line. Solutions designed to meet individual regulations are no longer acceptable.
To be successful, organizations must adopt an integrated compliance approach.
BPS helps organizations meet an array of compliance regulations with a flexible solution based on both a control-centric approach and a risk-principled philosophy. With our BPS technology platform, you move through the chain of compliance with ease. A single set of risks and controls can be used to meet multiple regulations.
Evaluate once, comply with many.
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| Download the BPS Compliance Case Study |
Key Benefits
- Increase understanding of operating risk by linking compliance activity results back to a common library of risks and controls
- Facilitate continuous improvement by integrating compliance activity with other systems
- Realize cost and resource savings by identifying overlap of regulatory compliance activity
- Quickly respond to changing regulatory requirements through a highly adaptable framework
- Gain up-to-the minute insight into enterprise risk with real-time reporting engine
Easily model and launch all manner of compliance activity, from a single quarter’s worth of assessments to an organization-wide process modeling exercise- Quickly launch assessments and execute assessments on individual risks, controls, or any combination of the two
- Track failures in compliance through thorough issue and action planning functionality
- Access constituent compliance artifacts such as risks, controls, assessments and certifications, all customizable and configurable
- Create blueprints for compliance activity and templates for certification facilitate planning compliance activities, then reuse, reconfigure or distribute as needed
