Need for Effective Policy & Procedure Management

In today’s world evolving and partnering with a policy and procedure management software that helps organizations automate the lifecycle of their documents while significantly reducing their operational costs (overhead and administrative) has become a necessity. Organizations need a solution where policies and procedures and other documents are organized and linked to the regulations that impact their business, thus enabling them to provide real-time evidence of compliance for audits.

An effective Policy and Procedure Management Software help companies achieve the following capabilities:

• Centralized storage, integrated communication around, and efficient distribution of documents and policies and procedures across the enterprise.
• Ability to control versions and enable workflows.
• Ability to restrict who can read, modify, approve or delete documents, enabling management to hold employees accountable and keep a system of record of the historical changes made to policies and procedures.
• Ability to review, approve, check-out, modify and access documents from any location in a controlled way
• Mapping of the policies and procedures to regulations, standards, corporate goals or objectives allowing for seamless management of change.

Predict360’s web-based Policy and Procedure Management Software enables organizations to understand all aspects of their document lifecycle which includes the creation or expiration of documents, activity, and communication around them, and the management of their change driven by standards, regulations and business requirements. It is an affordable, powerful, and easy-to-use Policy and Procedure Management System that helps your organizations save money and increase productivity.

About the company

360factors, Inc. (Austin, TX) helps companies improve business performance by reducing risk and ensuring compliance. Predict360, its flagship software product, vertically integrates regulations and requirements, policies and procedures management, risks and controls, audit management and inspections, and on-line training and qualifications, in a single cloud-based platform based on artificial intelligence.

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