Compliance management cuts across many processes, it is not just a topic for in-house lawyers. Compliance management consists of many sub-areas. Take a look at the core areas that together make up compliance management.
Order in internal regulations
- Internal regulations, i.e. all policies, working procedures are the basis for compliance management
- They describe the processes and therefore how your organization works
Employee and vendor compliance training
- It's not enough to have the regulations written down and in the closet
- Employees must know about them and follow them
- Conduct regular employee and vendor training
Keep your tools and equipment in order
- You must operate equipment, appliances and other equipment in accordance with legislation and the manufacturer's recommendations
- If you use equipment in contravention of recommendations or neglect maintenance, you will not succeed in the event of a lawsuit or insurance claim
- This means maintaining the equipment documentation (manuals, commissioning)
- It means having regular maintenance in place that is required by the manufacturer or legislation (regular inspections, maintenance)
Have risk management in place
- Integrate your risk management processes with compliance
- After all: GRC is just one entity. Risk, quality, safety and compliance management must be an integral part of a company's management
Compliance audits will help
- Audits are like a rear-gunner that gives you recommendations and tips for improvement
- Audits help organizations take control of their current status and compliance assessment information
Use compliance management tools and apps
- Software simplifies your compliance management by connecting all the important workflows on a digital platform - from the whistleblower system to the approval manager where gifts and invitations get the green light
- The more complex your compliance environment, the more you need a compliance tool