An effective Compliance Management System (CMS) comprises the totality of compliance activities and reaches out into all subsidiaries.
Compliance functions need to have an up-to-date view on the local CMS implementation status.
Due to varying legal requirements and local practices, creating and sustaining a common company-wide basis for corporate compliance is necessary.
Top-down information needs to be distributed to the right decentralized audience in a reliable and documented way, as well as bottom-up data that has to be regularly consolidated and reported to management.
Sharing best practice knowledge within the compliance community creates valuable benefit and drives continuous improvement.
Our Coach module comprises of these core functionalities:
Central information repository
Central repository of all relevant information per compliance topic
Contact data of responsible topic experts
Guidance for the implementation of the Compliance Management System (CMS)
Create and distribute ad hoc or recurring questionnaire-based surveys
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