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ConvergePoint has helped organizations from all industries bolster their compliance efforts – whether through establishing an effective policy and procedure framework or by improving their contract management process.

Why is a proactive compliance program critical for your industry?

An organized, effective compliance program is about more than just creating rules to meet regulatory specifications and then following them — it’s about establishing and maintaining proactive processes so your company has a consistent approach to how it responds to situations.

In today’s fast-paced world, regulations and technology are ever-changing, resulting in the increased need for strong compliance programs, no matter your industry. From healthcare and finance to legal, manufacturing and more, our Policy Management Software and Contract Management Software are great tools to help ensure your organization stays in compliance.

Industries Served

Compliance Best Practice Articles

Guide to Compliance: A Brief History

Compliance is a trending issue in our increasingly regulated and complex business world. We’ve all seen giants such as Enron fall before our eyes after issues in non-compliance and the numerous cases on personal data breaches on the nightly news. Every organization, regardless of scope or industry, must have an effective compliance program as outlined by the 2010 Federal Sentencing Guidelines ManualREAD MORE

Key Elements of an Effective Compliance Program

Reviewing new regulations and creating a company’s policies and procedures can be a mess. One person might be tasked with creating a policy based off of a new rule. Revising the process may mean they involve one or more people to review and provide changes, leaving the first person to sift through emails and marry different changes in one document. This leaves a large margin for error. Not only can the first person misinterpret the regulations to implement, but they may involve the wrong people or not enough people… READ MORE

Calculating the True Cost of a Policy of Procedure

To calculate the total cost of a single policy or procedure within your organization, we must break down the workflow that is required for a single active policy. To expand further, first, the policy must be created, reviewed and approved by the managerial team. Next, we need to look at the costs to store and distribute the policy or procedure to the employee base… READ MORE

Do People or Processes Guide Our Compliance Efforts?

Recently I have been spending quite a bit of time researching into what ensures effective compliance programs and translates into lasting corporate cohesiveness. I’ve been studying general trends of discussion, attending compliance conferences, and consulting upper management groups on their compliance efforts. What I have found most intriguing is how differently each organization approaches their corporate compliance structures… READ MORE

Improving Ethical Compliance in the Enterprise

The American Management Association documents the top 5 reasons employees will compromise their enterprise’s ethical standards in A Global Study of Business Ethics 2005-2015. It also outlines ways that leaders attitudes are vital to ensuring employee ethical compliance. However, understanding the reasons for each issue and how to divert them individually proves as a useful addition for companies continuously facing the same challenges… READ MORE

Top Issues Compromising Ethical Standards in the Enterprise

To calculate the total cost of a single policy or procedure within your organization, we must break down the workflow that is required for a single active policy. To expand further, first, the policy must be created, reviewed and approved by the managerial team. Next, we need to look at the costs to store and distribute the policy or procedure to the employee base… READ MORE

What is the Real Cost of Non-Compliance?

Although many companies hire compliance specific roles in their organizations to enforce regulations, they do not provide them with the tools for success that can increase their productivity. Instead, thousands of dollars are wasted due to factors such as… READ MORE

Compliance Failure: How Companies Do It, How to Avoid It

Reviewing new regulations and creating a company’s policies and procedures can be a mess. One person might be tasked with creating a policy based off of a new rule. Revising the process may mean they involve one or more people to review and provide changes, leaving the first person to sift through emails and marry different changes in one document. This leaves a large margin for error. Not only can the first person misinterpret the regulations to implement, but they may involve the wrong people or not enough people… READ MORE

Choosing a Secure Compliance Solution: Cloud vs. Control

When designing a compliance program, it is important for an organization to establish which risks they are trying to mitigate and how they plan to mitigate those risks. Resources are finite for every organization regardless of scope, and with compliance regulations on the rise, the right compliance program is key to a successful operation. When choosing a compliance program, organizations need to consider whether or not to keep compliance in house, how sensitive their data and dealings are, and consider their core competencies… READ MORE

SharePoint as a Compliance Tool

According to Microsoft market research, 78 percent of the Fortune 500 companies are SharePoint users. With such an impressive user base, it’s easy to recognize SharePoint as an essential business tool used within most organizations today. When it comes to compliance the possibilities within such an extensive tool are limitless… READ MORE

Beyond the Basics: 5 Traits to Look for in a Compliance Software Provider

As businesses face greater regulatory challenges, compliance management is becoming increasingly difficult. Fortunately, with rapid advancements in technology you can rest assured there will be a solution for the new challenges you face, with solutions for problems you didn’t even know were there. However, selecting a solution takes the consideration of an array of factors, both within and outside of a product’s features, especially in the software industry and even more-so with compliance softwareREAD MORE

Read about Industry-Specific Regulatory Compliance Issues

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