Regulations forced companies to adhere to specifications, standards, policies and legal principles that are well defined. Generica GRCM Multi Regulation Management addresses companies’ challenges to map, analyze gaps, manage controls, test and perform findings remediation. Sharing one central system with a central database for multi regulations saves resources, reduces conflicts and duplications and prevents penalties for non-compliance. With the ever growing number and type of regulations being legislated, compliance management is increasingly important for companies operating in such industries.
Multi Regulation Management in Your Natural Working Environment
Generica brings Compliance Management functionality right into users’ natural working environment – MS Word, Excel, PDF and email, it increases user’s productivity while helping to ensure regulation and company policies compliance. Generica Compliance Management includes a pre-defined solution and best practices and can be customized to meet company processes and needs.
Unlike other GRCM solutions, Generica Multi Regulation Management does not require companies to make expensive shifts into new environments and does not require employees to turn away from their natural working environments in order to use a Compliance Management solution.
To achieve full coverage of Multi Regulations Compliance, the following functionality is covered:
- Mapping and creation of a Systems, Processes, Risks and Controls catalog
- Gap Analysis and corrective actions plan
- Yearly Tests Planning
- Test conducting and reporting
- Findings Re-mediation
- Powerful and flexible permissions
- Full audit trail and history
- Users and groups management