In the past, companies dealt with governance, risk and compliance (GRC) at a departmental level, and specific software tools were developed to assist with specific compliance requirements.
Today, the strategy is changing.
OnBase helps meet the tactical requirements of compliance, with the added advantage of integrating these efforts with an ECM solution as part of a more strategic initiative across the enterprise to provide your company with additional cost reductions and a rapid ROI. OnBase is a single, flexible solution that can assist with numerous governmental and industry regulations and requirements, including:
Compliance at its basic level involves creating, reviewing and storing content to support adherence to applicable laws or requirements. Controlling content in the business world enables a company to control risk. OnBase can provide companies with the technology needed to help meet the steps of compliance, which include adhering to laws and standards, documenting, procedures, policies and internal controls, and testing the procedures, policies and internal controls to ensure they are being followed and executed properly.
If your company is dealing with any compliance initiatives, OnBase can be the solution to manage these needs, while reducing the ever-rising costs of compliance.