With so many moving parts to an effective regulatory program, how well are you managing legal and regulatory requirements?

Challenges

Compliance professionals' roles are complex, resource-intensive, and time-consuming as they:

Work with multiple silos and functional departments that are responsible for researching laws, rules and regulations. This process is resource-intensive to organize and difficult and time-consuming to track the status of the large volumes of laws, rules and regulations that may or may not apply to the company, products and services on a daily basis. As a result, there is insufficient or non-existent visibility to the law, rules and regulations and company responses.
Have no formal process or system of defining the roles and responsibilities needed to reduce duplication of effort, give adequate coverage and provide consistent interpretation and response to the laws, rules and regulations.
Have inconsistent and resource-intensive means to communicate to employees and other stakeholders what they need to know and do to sustain compliance, coordinate impact assessments, establish awareness training, policies and procedures, action plans and track attestations. And poor communication mechanisms exist between company experts, workforce and 3rd parties.
Find it time- and resource-intensive to perform impact/risk assessments, test solutions, trace accountability, and close the loop on regulatory requirements.

Solution

AXENTIS Legal & Regulatory Management Suite enables compliance professionals to simplify the various functions of the legal and regulatory process and gain control, get insight and get the job done quickly and confidently while reducing risk, cutting costs, and establishing a viable long-term strategy for compliance success.

Benefits

Meet multiple regulatory, legal and audit requirements simultaneously
Consolidate all compliance activities and reporting
Increase visibility to risk, status and issues
Improve regulatory communication
Manage regulatory performance, assessment and audit
Improve efficiency and consistency

Capabilities

Policy, Training and Certification

Policy Content, Distribution and Certification
eLearning Content Development and Distribution
Regulatory Awareness Surveys
Vendor Management

Risk and Control Management

Legal and Regulatory Inventory
Impact Assessment and Audit
Action Plan Management
Gap Identification
Remediation of Deficiencies

Incident Management

Issue and Incident Management
Tracking and Investigation

Document Approval

Multi-role Assignment and Tracking
Document Audit History
Workflow Status

Foundation Services

Organization Management
Communication Management
Reporting and Analytics
Audit Trail Tracking

For a listing of governance, risk and compliance initiatives that AXENTIS supports, click here. To sign up for a demonstration, please register here or contact ComplianceOnDemand@AXENTIS.com.