Compliance & Policy Management
Aurex™ Compliance Management module ensures seamless adherence to regulatory standards, mitigating risks and maintaining regulatory confidence. With dynamic scalability, organizations can easily adapt to evolving compliance requirements across jurisdictions.
The Aurex™ Policy Management module offers flexible frameworks for updating and managing organizational policies, fostering alignment with business objectives. With dynamic scalability, organizations can effortlessly adjust policies to meet changing operational needs and environments.
The following are the unique enabling factors:
Compliance checklists, with global best practices
Dynamic charts and dashboards to help keep track of organizational compliance status
Automated compliance score calculation
Industry Challenges
- Complex Regulatory Landscape: Enterprises struggle to navigate and keep pace with the ever-changing regulatory requirements across different jurisdictions and industries.
- Manual and Fragmented Compliance Processes: Manual and fragmented compliance processes lead to inefficiencies, errors, and difficulties in maintaining an accurate and up-to-date compliance status.
- Lack of Standardization: Inconsistent compliance policies and procedures across departments and regions result in compliance gaps and increased risk exposure.
- Limited Visibility and Accountability: Limited visibility into compliance activities and lack of accountability make it challenging for organizations to demonstrate adherence to regulatory standards.
Aurex™ Solutions
- Customizable Regulatory Framework: Aurex™ offers a customizable regulatory framework that can be tailored to accommodate the unique requirements of different jurisdictions and industries, streamlining compliance efforts.
- Automated Compliance Processes: Aurex™ automates compliance processes, such as policy dissemination, tracking, and reporting, reducing manual efforts and ensuring accuracy and consistency.
- Standardized Compliance Policies: Aurex™ provides standardized compliance policies and procedures, ensuring consistency across departments and regions and minimizing compliance gaps.
- Centralized Compliance Management: Aurex™ centralizes compliance management, providing a single platform for tracking and monitoring compliance activities, enhancing visibility and accountability.
Benefits
- Increased Efficiency: Automated processes and standardized policies streamline compliance efforts, reducing manual efforts and associated costs.
- Improved Accuracy and Compliance: By automating compliance processes and providing standardized policies, Aurex™ ensures greater accuracy in compliance activities, reducing the risk of non-compliance penalties and reputational damage.
- Enhanced Risk Management: Centralized compliance management and standardized processes enable organizations to identify and mitigate compliance-related risks more effectively.
- Transparent Reporting: Aurex™ provides transparent reporting functionalities, allowing organizations to generate comprehensive reports on compliance activities, demonstrating adherence to regulatory standards to stakeholders and regulators.
Workflow
Create a new policy or change an existing policy
Review and approve changes
Update/ edit the policy content
Finalized version is uploaded to the organizations link for the targeted audience
Create new policy or change and existing policy
Update/ edit the policy content
Review and approve changes
Finalized version is uploaded to the organisations link for the targeted audience