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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.

Conflict Of Interest Disclosure – 3 Steps Beyond Disclosure

From a compliance and risk management perspective, conflicts of interest (COI) disclosure require both prompt and clear disclosure, along with documented evidence of appropriate action taken by HR/Compliance once the disclosure has been made. Failure to do so can create

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Your Policy and Procedures Audit Does Not Need To Painful

If you were to look up the term ‘necessary evil’ in a dictionary, there should probably be a picture of an auditor included somewhere in the definition. Everyone can appreciate the valuable work that auditors do in keeping organizations in

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Policy Management – DCSCA – Drug Supply Chain Integrity

DSCSA: Are you ready for Drug Supply Chain Integrity? When the Drug Quality and Security Act (DQSA) was signed by President Obama on November 27, 2013, advocates hoped that the confusing patchwork of State laws governing drug pedigree and tracing

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Contract Management – Proactive Renewal Management

Contract Management – The Downside of Auto-Renewals If your contracts department suffers from a checkered past and an under-resourced or disorganized present, the prospect of automatically renewed contracts can seem like an answer to your prayers. If each contract renewal represents

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Policy Management – Who is writing your policies?

Policy Management – Do Your Policies Magically Write Themselves? A new policy usually represents a step forward for an organization. Whether you’re changing internal processes as a result of new equipment or technology, or responding to changes in local, state

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Conflict of Interest Disclosures- Are you Compliant with the Sunshine Act?

COI – Are you Compliant with the Sunshine Act? Section 6002 of the Affordable Care Act (ACA) of 2010 – also known as the Physician Payments Sunshine Act (PPSA) – requires all manufacturers of drugs, medical devices and biologicals that

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Contract Management – Best Practices in Contract Management (and in general)

Contract Management – Use these best practices to improve your contract negotiation process. We can all learn lessons from others. In business, there are thousands of books sold by corporate leaders to Olympic athletes explaining how to be better leaders

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Policy Management – How to Fix Flexible Policies

Policy Management – How to fix flexible policies Real estate agents and investors are often quoted as stating categorically that the three most important rules are: “location, location, location.” By the same measure, compliance is all about “consistency, consistency, consistency.”

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Contract Management – Understanding the Six Sigma Process Improvement for Legal Services

Contract Management – Six Sigma Process Improvement in Legal Services Many have heard the term Six Sigma. Yet many are not exactly sure what it means. In some organizations, Six Sigma is merely used as a term to indicate the

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Contract Management – Know where to start and what needs to be done

Contract Management – Preparing for Contract Negotiation When preparing to negotiate a new contract or a contract renewal, organization will be your strongest asset. Having access to all key information in a contract, understanding of the requesting department’s needs and notes,

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