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Compliance

Businesses operate in an increasingly-complex web of regulatory and corporate requirements: and must balance a myriad of demands from their Boards, as well as external parties such as the Stock Exchange, Securities Institute, consumer and environmental agencies. So difficult is the task that in some industry sectors, ongoing compliance programs cost as much as 10 to 15 percent of total operating costs.

PolicyPoint helps ease the compliance burden, by helping create a compliance culture in which staff members contribute to compliance objectives.

How? By automating and managing the process by which employees acquire their knowledge of the policies and procedures they must follow, PolicyPoint provides the framework, and automated tools, that ensure staff acquire and refresh their understanding of corporate mandates.

With a clear understanding of how and why they must comply with policies and procedures, staff compliance becomes significantly higher.

You can set PolicyPoint as the central repository of the policies and procedures that staff must know in order to comply with regulatory or business mandates. Then, linking in to your central HR systems, PolicyPoint ensures that staff who need to know, do know.

The result is:

  • Increased ability to comply
  • Cost-effective corporate compliance program
  • Compliance activity shared across the organisation
  • Reduced risk of non-compliant activity
Leading companies such as professional services firm KPMG, legal services firm Clayton Utz and diversified construction company Australand all use PolicyPoint as a tool for achieving key business objectives. Contact PolicyPoint to hear, in their words, how and why it works for them.