Governance and risk.Axentis, a provider of comprehensive and widely deployed governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems. , risk and compliance (GRC GRC Greece (ISO Country code) GRC Glenn Research Center (NASA) GRC Governance, Risk and Compliance GRC Gendarmerie Royale du Canada (RCMP - Canada) GRC John H. ) management solution, has announced an enhanced release of its Legal & Regulatory Management Suite. The suite, designed to help organizations meet the U.S. Sentencing Commission's seven elements of an effective compliance program, now features a regulatory intelligence configuration to help chief compliance officers and general counsels better manage the impact of changes in regulations. The new capabilities are especially important in highly regulated industries with complex organizational structures  This article has no lead section.To comply with Wikipedia's lead section guidelines, one should be written. , such as life sciences, healthcare, insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . Organizations in highly regulated industries typically are subject to a number of regulators as well as greater volume in changes in regulations, all while ensuring they are meeting the standard of an effective compliance program across multiple operating units operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon . Axentis' Legal & Regulatory Management Suite has enabled numerous companies to manage a wide range of federal, state and international mandates, industry rules and regulations, and organizational policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental . With these additional enhancements, customers can more easily: * track changes to regulations as they occur; * manage the process of determining where in the organization changes might be applicable; * determine any necessary changes in the compliance program, policies or procedures; and * track the remediation plans across an organization. To find out more about the Axentis Legal and Regulatory Suite, please visit http://www.axentis.com/axentis_solutions_4.aspx. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion