So, what is a Compliance Management Software?

Let’s break this up into parts.

Research from the ADP Research Institute reveals many eye-opening statistics that give warrant to the lack of confidence managing HR compliance requirements.

In the world of HR compliance, risks and challenges are growing in parallel with the same kinds of issues found in compliance overall. Just as organizations have struggled to comply with stricter and more complex financial regulations, they are also fighting to comply with increasingly challenging HR laws and requirements.

We’ve all been there before: Whether it be global compliance, corporate finance or marketing, spreadsheet-laden processes and flawed technology systems are frustrating.

Successful global compliance programs have several commonalities. One of the chief elements of such formidable programs is a culture of compliance. As mentioned in our previous blog post, a compliance culture is built from the top down, and that starts with your board of directors.

The environment for multinational organizations is hardly similar to what it was even five years ago. Having an effective global compliance program is as important as ever, and there’s no evidence to suggest that this won’t continue to be the case. 

It’s no surprise that Compliance is sometimes overlooked by startup founders, as they attempt to stay “lean” and “scrappy.” It’s almost a cliché that the startup founder focuses on getting more business while neglecting such internal processes. We have all heard of cases where startups at panic-stations ask their best talent to “pitch in” to these tasks that clearly do not interest them. Inaccuracies, lack of compliance culture and inefficiencies usually follow. But why must a founder wait for things to go wrong before he realizes that time is ripe for a change?

With the thirteenth anniversary of the Sarbanes-Oxley Act approaching, organizations continue to battle complying with its regulations, among the seemingly countless other requirements across the globe.

Are you in search of a way to maintain global compliance? With a proactive compliance calendar, you’re able to avoid the serious risks of noncompliance. Here’s how:

In a business world where so many companies have lost the trust of their customers and peers, gaining the trust of your community is essential.