Compliance
Organizations around the world struggle to comply with new compliance regulations in areas such as health and safety, securities, money laundering, anti-terrorism and records management. Traditional approaches to compliance have relied on specialist silos to cope with each new wave of requirements. Each specialist group approaches their responsibilities with similar but different terminology and with varying data capture, storage and analysis methods, creating a fragmented approach that is both expensive and extremely burdensome to maintain. This approach increases the risk of not adequately establishing a sustainable control environment and not adhering to compliance regulations.
Paisley’s comprehensive governance, risk and compliance solutions include a purpose-built component for compliance that reduces the burden of the various compliance requirements and helps to establish a sustainable control environment. By streamlining the documentation, auditing and reporting tasks, Paisley’s governance, risk and compliance software provides a single repository to document, capture and organize information related to relevant compliance programs and allows an organization to correlate relevant laws and regulations with internal compliance activities and policies and procedures. As a result, an organization can reduce the cost and complexity of monitoring and managing corporate compliance programs, balance compliance investment with top-down risk assessment and manage risk to provide greater oversight and assurance.
Paisley delivers this industry leading compliance functionality as a component of Paisley Enterprise GRC™ or GRC on Demand™.