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The Compliancy Internal Control Management (ICM) solution goes beyond compliance automation to include general business process automation that can utilize built-in controls to ensure compliance of your operational processes.
With Compliancy ICM you are getting two major capabilities as part of one solution - the ability to automate your risk management and compliance requirements AND the ability to automate your general business processes - all with the ability to utilize the built-in control capabilitiies to
ensure adherence to the processes.
The following provides more detail on the benefits of a BPM based solution.
A single integratied solution for every process automation need
Compliancy selected Ultimus to provide the underlying Business Process
Management (BPM) engine as the foundation for the Compliance ICM application. Ultimus
is the leader in BPM recognized by Gartner as a leader in the BPM Magic Quadrant and by Forrester as the highest scoring BPM in their BPM TechReport.
Compliancy’s ICM application is seamlessly integrated with the Ultimus workflow engine and Compliancy provides a version of the Ultimus engine as part
of its ICM solution.
A BPM-based system has distinct advantages compared to point solutions for compliance or simple workflow based solutions. A BPM-based system goes beyond basic workflow engines to integrate content, applications, and people through a common BPM system. This is critical to accomplish integration across the company and ensure adherence to the processes.
When you select Compliancy Software you get both the value of the compliance controls implementation and the ability to automate general business processes from one single vendor - one company to work with, one company to support you.
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Most efficient solution to streamline all processes across the company
BPM provides the most flexible, efficient foundation on which to build
compliance solutions to reduce costs, provide for growth, manage change and
execute business strategy:
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More
effective streamlining of processes across the entire business not just
compliance for more effective use of resources and increased
productivity.
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Cross
enterprise integration to quickly take advantage of the automation and process
management with a single management system.
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Empowers
management with overall visibility to their company and be more responsive to issues and changes.
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More
effective execution of business strategy and creating customer value by
integrating compliance into the overall business process.
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Extensibility to any compliance requirements
Compliancy can be used
throughout the organization for any regulatory compliance or risk management requirement to ensure the most efficient implementation resulting in lower cost to implement, lower training and support costs, easier implementation across the company and alignment of strategy and processes.
The Compliancy application has been designed specifically to provide the flexibility to handle any control structure hierarchy. Pulldown selection lists and complete organization structures for routing and certification can be easily customized so that users are presented with an easier to use
structure task thus eliminating user errors and lowering support and training costs.
In addition, the Compliancy application is process template and forms driven making it easy to change and implement for the best fit with your requirements.
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Extensibility
to any business operation process
Unlike other basic workflow
engines typical of most compliancy solutions, BPM can be extended to any process
requirement assuring your company of the potential for integration into your
current requirements, the ability to handle future requirements, and basically
future proof your investment.
Compliancy personnel are experts in BPM and implementing process automation of a wide range of business operations. For example, Compliancy has worked with companies that have started first with automating financial processes and then moved to SOX processes and then human resources, inventory
management and sales and marketing processes.
The following are just a few of the examples of Compliancy experience in automating general business operations:
- General Ledger Reconciliation
- Purchase Approval Process
- Marketing Program Approval Process
- Program Benefits Claim Process
- Accounts Payable Issue Resolution
- Customer Service Process for defective claims
- Employee On-Board Process for IT
- Safety Investigation process
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For more information contact us at info@compliancysoftware.com or
call +1-919-342-6212
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