Home/ Blog / Why Automate and Integrate Enterprise Risk and Compliance Management?
When it comes to Enterprise Risk and Compliance Management, there are multiple tasks and systems to manage that lend themselves to human error if not handled with immaculate care and immeasurable attention every, single day. For a business to achieve success, it needs to have everything from regulatory change management, risk management, audit management, vendor management, compliance automation, performance management, document management, a reliable training system, all the way to connection with compliance experts. This vast amount of system requirements makes it extremely difficult to focus on the destination of company goals.
An automated and integrated process that works together, is practically a necessity to truly thrive and focus on the objectives that the company was originally created to complete. Rather than giving in to the possibility of populating an excel spreadsheet incorrectly or skipping a procedural step due to a lack of attention, it is time to incorporate the all-inclusive system that makes work a joy ride.
An automated and vertically integrated compliance management model and solution leads to better reporting and provides a more complete and accurate view of critical risks facing the organization. This type of solution brings together complex and disparate risk and compliance activities and directs these efforts more efficiently, provides consistency in taxonomy and alignment at the corporate level, and provides flexibility to business units to manage workflows and processes that are intertwined with the corporate strategy.
Predict360’s Enterprise Risk and Compliance Management Software automates the enterprise risk and compliance management process and helps achieve optimal visibility into all risk and compliance aspects of the organization. It leverages unique mapping and cognitive computing technologies to provide regulatory insight, predict risks and drive operational excellence.
About the company
360factors, Inc. helps companies improve business performance by reducing risk and ensuring compliance. Predict360, its flagship software product, vertically integrates regulations and requirements, policies and procedures, risks and controls, audit and inspections, safety management systems and on-line training and qualifications, in a single cloud-based platform.
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