How Technology is Helping Organisations Manage Compliance

Technology is changing the way businesses, and the world, operates at an almost blinding speed, and for many companies the struggle to keep up with the constant changes demanded by new developments can be extremely burdensome.
A simple example in the case of customer-facing assets is the emergence of social media as a platform for sales, marketing and customer service. This requires a new skill set, as well as a reimagining of business policies and processes.

When Non-Compliance Becomes a Public Safety Matter

A lack of proper compliance standards and systems is always a problem for any business. That’s no great secret. Non-compliant players in a supply chain can cause lowered quality in products, confusion and/or mistrust from the consumer base, delays in inventory deliveries, and more.
While all of these are important and major issues that can – and do – negatively affect business results, none of them elicit the same level of concern and need for immediate action that another three-word issue can: food safety concerns.
This article warns about the business and health dangers than can arise from poor supply chain compliance standards.

3 Ways Retail Compliance Officers Can Reduce Potential Problems In Their Supply Chain

Your supply chain is a huge part of, and more often than not a necessity to, your business. Unfortunately, it can also be a huge liability for your business if your suppliers aren’t vetted properly and if you don’t ensure compliance throughout your supply chain.
Thorough vendor risk management, then, must be a vital component of your compliance strategy.
This article explains ways in which retail compliance officers can reduce potential problems in their supply chain.

Auditing and Compliance for Retailers: Managing Anti-Bribery Policies

CE_retailer_compliance

Any retail compliance officer, trying to maintain the integrity of an anti-bribery policy, is painfully aware of the issues involved with keeping both employees and suppliers alike compliant. As the company grows to have lots of stores or locations, this headache can quickly progress to a migraine.

The increasing amount of audits and reporting necessary can very easily become too cumbersome to manage, and if they happen to still be relying on an old paper-based system, they may start to think that another career might be simpler – like lion taming or nuclear physics.

Auditors: Be Aware of Games People Play To Derail The Audit Process

game_in_businessThere are various tactics that auditees can use to slow down or stop the audit process. For you, the auditor, this can be extremely frustrating. The key is to be one step ahead by either implementing your own tactics to avoid the delays in the first place, or knowing how to handle them.

The purpose of this article is to educate auditors on how to successfully navigate obstacles and roadblocks, that can cause delays to the audit process.

 

 

How do you ensure my compliance and audit information is kept private? [FAQ]

cloud_securityWhen companies offer cloud solutions it’s an understandable concern of business owners to wonder where their confidential data is being stored, and what measures are in place to ensure its privacy? As a supplier of cloud based auditing compliance solutions we get these questions all the time, so I thought I’d share how we protect our clients’ data.

Learn How Good Governance and Compliance Leads to Increased Donations

good_governance_and_compliance_leads_to_more_donations_for_non_profitsThe world is more giving today than at any time in history, in great part due to the awareness that has been raised by the internet and social media. This increase in awareness and giving allows huge opportunities for social outreach and growth for nonprofits. 

In the same way that the information age has given visibility to global needs, it has also enabled potential donors to more carefully review organisations before donating. Most nonprofits are rated for their good, as well as bad, practices and ratings are exposed to the world at large.

Improved compliance – transparency and accountability – are vital today for securing donor loyalty.