Do you have challenging compliance requirements, not enough time to get audits done and keeping up with risk assessments is a continuous problem?
Who loves that time of year when you have to start the audit for your Compliance Standard? How many people do you hear say, “Great, let’s do this!” or “I’ve been so looking forward to this!”? Imagine the reaction if you have multiple Compliance Standards such as Lexcel, Cyber Essentials, ISO 27001 & GDPR!
I bet it isn’t many, if any at all! Why is that?
In most businesses there isn’t someone employed full-time to run and manage your Compliance Audit. It can be a time consuming and tedious task.
You must get information from other departments that have other objectives to achieve and can be disinterested in the whole process. They have to try and remember what they did to complete the same request the previous year, this all fills your inbox with an almost endless stream of emails.
Emails chasing for information, getting responses abdicating the required work to someone else, emails clarifying what is required, follow-up requests and the list goes on…
How does your constant chasing of colleagues go down with them, do they hide from you or pick up a phone and look busy when they see you coming?
The chasing of the vendors that you have sent 50-page generic compliance questionnaires to that bears little resemblance to the services that they provide to your business because you don’t have the time to tier and personalise them. Having received many of these over the years I know the groans that they cause.
I can remember receiving one questionnaire from a large global enterprise that was many pages long and our answer to their 100+ questions was N/A, not a productive exercise for either party.
Do you send questionnaires out to your stationery vendor that contain a question asking if they carry the necessary insurance for working at height on-site? Do you send your SaaS vendor one that contains COSHH questions?
All in all, it can become a very inefficient and costly exercise that doesn’t do a lot for morale.
Imagine if you had more than one Compliance Standard to manage! You may end up with different tools being used across multiple departments which does not aid in the company Management knowing where each one is in the journey.
Can you easily provide your boss or board with the status of your compliance process, what tasks are done, outstanding, overdue, identify any bottlenecks, what is the risk status and so much more or do you have to put in several hours/days in before they want a status update?
Is there a solution? Yes, there is.
KCM GRC (KnowBe4 Compliance Manager Governance, Risk & Compliance)
How does it take away the headache?
It is a SaaS platform that pulls all the tasks into one system. Allowing you to;
· Manage and Automate Compliance and Audit Cycles
Reduce the time you need to satisfy requirements to meet compliance goals with pre-built requirements templates for the most widely used regulations.
· Centralise Policy Distribution and Tracking
Save time when you manage distribution of policies and track attestation through campaigns.
· Identify, Respond, and Monitor Your Risk
Simplify risk initiatives with an easy-to-use wizard with risk workflow based on the well-recognised NIST 800-30.
· Efficiently Manage Third-Party Vendor Risk
Easily pre-qualify, assess, and conduct remediation to continually monitor and keep track of your vendors’ risk requirements.
You can link control tasks across multiple Compliance Standards to remove duplication of effort.
Audits can easily be done remotely decreasing the time taken to complete. You can also, easily and comprehensively, update your stakeholders where you are in the compliance life-cycle highlighting any bottle-necks and resource requirements.
The KCM GRC platform is offered in different packages to meet the needs of all organisations and is available with the following modules to choose from:
• Compliance Management
• Policy Management
• Risk Management
• Vendor Risk Management
It has 80+ Templates that are managed and maintained by KnowBe4, examples are Lexcel, Cyber Essentials, PCI DSS, ISO 27001, FCA Handbook and of course GDPR along with many others. For a full list Click Here
If you want to reverse the current sentiment and hear your team sincerely say, “Great, let’s do this!” or “I’ve been so looking forward to this!” visit our Product Web-page and Book a Demo to see how you can complete your audits in half the time at half the cost!
We look forward to starting to help you enjoy your audits!
"Let's do this!"
Actisoft Technology offers a Compliance Management software solution, please see our product page – Compliance Manager. We also offer Cyber Security Services and Products, including Security Awareness Training, to ensure that you can Work Securely, Everywhere, Everytime. This works whether you are in an office, from home and even the local coffee shop. Talk to us about how we can partner to ensure that your business is secure from current, new and emerging threats.