The Nuts and Bolts of Your
Compliance Management System
Certainly, a CMS should encompass more than just workforce processes, training modules, and activities, but make no mistake: these elements are fundamental, and shouldn’t be treated as an afterthought.
A compliance program involves the obvious things that come to mind when one hears the word “compliance”: policies, procedures, trainings, guidelines, and so on. Think of it as the nuts and bolts of your CMS. When your compliance program functions properly, the whole CMS operates smoothly, efficiently, and effectively. When your compliance program needs work, it’s like a rusty set of gears or an engine running without oil: it slows down the rest of your CMS and can bring your organization to a grinding halt.
A CMS contains 4 areas of focus:
Mouse over each area to learn more.
A well-planned, well-implemented, and well-maintained compliance program…
- prevents or reduces regulatory violations;
- protect consumers from non-compliance and associated harms;
- shields your organization from the risks of litigation, which negatively impact
- operational focus,
- and brand reputation;
- and helps your organization attract and retain customers.
To establish a well-oiled compliance program, you’ll need to answer these questions:
Why is Automation so Important?
An automated compliance management system like Compligo removes the guesswork from your compliance program.
- First, it ensures your staff understand the policies and procedures that pertain to their roles.
- Second, it gives you the capability to assess the status of your organization and provide defensible proof of compliance to stakeholders and auditors whenever necessary.
Without a doubt, automated compliance management systems save time and money for the organizations that use them, but their true benefit is the confidence they instill in leadership: confidence that the organization is protected, confidence that your employees and contractors are working in unison, confidence that noncompliance will not interrupt your business’s continued growth.
For compliance, it’s what’s inside that counts. The right nuts and bolts will keep things running well—right now, and far into the future.
Recent Articles on Compliance Programs
Compliance programs are always a hot topic for our readers. Here’s the latest research and perspectives.
Last week, we showed you the difference between a compliance management system and a “management system”—i.e. overhead masquerading as compliance. This week, we’re going to teach you how to develop [ More... ]
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