Choosing the best compliance software that meets your company's needs can be challenging, especially given rising regulatory expectations.
Compliance data analytics are no longer a choice but a necessity, and selecting the right compliance software is vital for your company and compliance team.
As stated by Assistant Attorney General Kenneth A. Polite Jr, the DOJ expects companies to “have a system that immediately detects” wrongdoing. Companies now need to forgo the manual and limited processes of a traditional compliance program and embrace the advantages of advanced analytics with a data-driven approach to compliance. The expectation is that companies root out risk activity across the enterprise in real-time.
This whitepaper will highlight five best practices for selecting the right compliance software or software vendor to help your company make an informed purchase.
This whitepaper will address:
If your compliance program is designed well enough to prevent and immediately detect employee wrongdoing