Policy Management is a crucial part of any effective GRC program. Policies governing the operation and conduct of employees, partners, and suppliers should align with and support industry standards and regulations to help reduce the risk of noncompliance and identify leading risk indicators. The process of aligning processes with regulatory frameworks builds efficiency and better governance, but can be time consuming.
The right solution can reduce the time and resources needed to cross-map policies with frameworks, formalize processes, and distribute and test policies. How can your organization ensure that rules and documents are completely distributed and read? Modulo Risk Manager™ allows you to more easily manage and control standards, policies, and guidelines.
How Modulo can help:
- Systematically distribute policies and rules throughout the organization
- Define users for maintaining and updating documents
- Implement automatic processes for maintenance and approval of policies
- Electronic activity log documents records of distribution and reading of documents
- Version control and cross-mapping