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The Strong Point

Leveraging our compliance experts’ and SharePoint developers’ depth of knowledge to share industry-related news, quick tips and best practices in policy and procedure management, contract management and business processes.
Healthcare CCOs

5 Reasons Why CCOs are Critical to Healthcare

One of the seven required elements of a healthcare compliance program is a compliance committee, led by a chief compliance officer (CCO). Though 86% of healthcare provider respondents to PwC’s “State of Compliance 2014” survey said they have designated CCOs,

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Why Healthcare Needs Contract Management

Why Healthcare Needs Contract Management – Reduce Supply Chain Costs

In the face of ever-changing healthcare regulations, hospitals and other healthcare provider organizations face tightening budgets yet growing operating — particularly compliance-related — costs. Did you know that supply chain costs are the second largest expense for healthcare provider organizations

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Policy vs Procedure vs Process

Policies, Processes and Procedures: Why You Need All 3

  Businesses know that they need to have a system made up of policies, processes and procedures. Often businesses have issues discerning which is which or use the terms interchangeably, resulting in them lacking one of the elements. All three,

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Contract Renewals

Don’t Forget: 5 Tips on How to Evaluate Renewing Contracts

A main selling point of contract management systems is that they send contract managers automated reminders when a contract is due to renew, expire or needs renegotiating. You recognize that letting uneconomical contracts auto-renew is costly, and know that they

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Internal Communications

5 Quick Tips to Improve Internal Communications

When you need to communicate new information to employees, it might seem easy to just type up a quick email and send it to everyone in the company. What happens, though, if multiple employees have specific, individual questions and hit

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Electronic Signatures

Is That Electronic Signature Enforceable?

Using electronic signatures saves time and paper. But when seeking approval on a document, what constitutes an enforceable act? An email reply simply stating, “Okay,” “I approve,” “I agree” or “I accept”? An electronic or digital signature? Simply typing in

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Prevent Data Breaches

Preventing Data Breaches Starts with Creating and Training on Policies

The 2013 Target breach, 2014 Sony breach and other highly publicized security breaches have pushed the need for strong cyber-security to the forefront. Often, organizations are left vulnerable to cyber-criminals for a few reasons: Inadequate security controls Lack of user-based

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Importance of Contract Managers

Role and Importance of Contract Managers Increase

Without committed, experienced contract managers, it’s virtually impossible to have an efficient contract management system, whether your organization relies on Contract Management Software or not. From contract requests and creation through execution and renewal management, contract managers have the critical

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Contract Managers Face Tough Balancing Act

Contract Managers Face Tough Balancing Act

  The contract manager’s job description, status and responsibilities vary from company to company, but the position is a necessary and critical part of any organization. They’re often required to have a legal background so they can draft, negotiate and

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10 Policies All Companies Should Have

10 Policies All Companies Should Have

When your business expands quickly, it can be hard to stay on top of policy creation and management. Sure, there may be quite a few unwritten rules that employees seem to be aware of and your organization just hasn’t gotten

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