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Policy and Procedure Management for Corporates

Corporates

 

 

Drive compliance to protect your business and its customers 

It is increasingly hard to keep up with the evolving market conditions and sheer amount of regulations published everyday. Whether you are in Telecommunications, Oil & Gas, Life Sciences, Gaming, Education or any other highly-regulated industry, you are likely to face the same challenge. In order to protect your business and its customers from risks such as financial and reputational losses, you must quickly adapt your compliance program to meet new requirements and effectively drive staff adherence. 

Clausematch allows companies of different sizes and profiles to stay on top of compliance at the speed of change. Our platform sits at the core of compliance management and provides a single source of truth to host, manage, update and distribute policies, procedures and other business-critical documents across the entire organization.

Why you should act now

Strengthen governance

Why invest in a policy and procedure management solution

When you have to manage documents across different geographies and functions, it is difficult and ineffective to manually track dependencies between policies, procedures and controls. 

Having a specialized platform in place allows you to automate these processes and make sure that no relevant document is left untouched when regulations or business strategies change, and that the right actions are being taken across the organization.

Why Clausematch

Leverage Clausematch’s advanced metadata, and AI-powered mapping and tagging capabilities to connect policies, procedures, and controls down to a granular, paragraph level, and make sure no document is outdated.

 

Build trust with the Board and regulators

Why invest in a policy and procedure management solution

Compliance can’t be managed as a black box. Companies need to be able to demonstrate how they achieve it. 

A modern, fit-for purpose policy and procedure management solution allows you to be ready to evidence compliance to the Board, auditors and regulator, at all times.

Why Clausematch

Evidence compliance, with a complete audit trail that tracks and stores all modifications made to a document and allows teams to build reports and dashboards to demonstrate that staff is adherent and everything is in place to meet the most recent requirements and guidelines.

 

A centralized approach to compliance document management

Why invest in a policy and procedure management solution

A siloed approach to compliance can put your organization at risk. Compliance, risk and audit functions can no longer afford to work separately and rely on manual processes as they deal with regulatory updates across different jurisdictions. 

A modern solution helps companies manage all relevant documents centrally and prevent disconnection between functions and geographies.

Why Clausematch

Our platform allows organizations to break down organizational silos and manage the complexity of operating across multiple jurisdictions by offering a single source of truth for policy and procedure management and distribution across the organization and its subsidiaries.

 

Keep up with the speed of the market and new regulations

Why invest in a policy and procedure management solution

Whether you need to comply with the unprecedented number of new regulations, launch new products or expand to new geographies, a policy and procedure management solution will help you keep up with the speed of regulations and your business strategies, by digitizing document management processes.

Why Clausematch

No more back and forth of emails and manual processes. With Clausematch, you can seamlessly manage your policies, procedures and other business-critical documents, quickly adapt to new regulatory developments and business landscape, and free up your team to focus on what they do best, growing your business.

 

Mitigate risks

Why invest in a policy and procedure management solution

With the Senior Managers and Certifications Regime (SCMR) and other regulations in place, organizations need to make sure they are embedding compliance into the company’s culture and that individuals are invested in doing the right thing. 

Failure to comply may result in personal criminal charges, significant fines and reputational damage for the company. A policy and procedure management solution can help you mitigate corporate and director-level liability by making sure policies, procedures and controls abide by the most recent regulatory developments and that staff is aware of what they need to do.

Why Clausematch

Leverage Clausematch’s data-driven, intelligent, automated reminders and workflows to stay on top of compliance and swiftly take control of every update in a timely manner. Disseminate the latest information to all staff at the click of a button and track adherence with built-in attestation.

 

6 reasons to invest in a policy and procedure management platform right now

C01

Liability is getting increasingly personal

Chief Compliance Officers and Chief Risk Officers are being held personally accountable for lack of supervision when staff is unable to comply. It is, now more than ever, imperative that the whole organization has access to the information they need to perform their jobs, that a full audit trail of every document change is in place and that staff attestation is effectively recorded. With a policy and procedure management solution in place, you can have full control of every document’s management lifecycle.

C02

Avoid fines and the hidden costs of a compliance incident Companies across the globe are constantly being fined by compliance failures. There’s also the cost of investigations that is not usually mentioned by the media, as well as the costs of getting things fixed, ongoing reporting and monitoring. With an automated policy and procedure management system, you can make sure your compliance team is on top of regulatory updates and able to efficiently spread the word on what needs to be done to all members of staff.
C03

Reputational damage can cascade into financial losses

Adopting the right compliance management technology can help you protect your company’s future, as failure to comply leads to reputational damage that can, on its turn, cause a domino effect, knocking down share prices and harming the company’s bottomline due to the loss of confidence from customers and partners. 

C04

The Board is always looking for efficiencies and cost reduction Automating policy and procedure management has the potential to cut compliance costs by up to 30%, by reducing the back and forth in editing and approval processes, eliminating inefficiencies and allowing senior, more expensive staff to focus on strategic tasks.
C05

The speed of regulations won’t slow down The volume of new regulations being issued on a daily basis, combined with the complexity of doing business across different geographies, brings multiple challenges to driving compliance. You need to be able to swiftly adapt to new regulations, at an unprecedented speed, and guarantee alignment between local requirements and group-level policies. Manual processes just aren’t enough to do the job anymore.
C06

Companies are imposing hiring freezes

By automating time-consuming, manual tasks, you can make sure your existing team is leveraged in the best possible way and is prepared to deal with an ever-increasing demand for compliance.

Meet some of our customers

See how Clausematch works with other Corporates

Clausematch is trusted by regulated companies of different sizes and profiles across the globe. We work with large banks, FinTechs, education institutions, energy companies and others, to help them achieve their business goals in full compliance. 

“Digitalizing the policy management lifecycle within organizations will make it easier for parties to adapt to industry change while maintaining compliance.”

Gemserv-2

Jahan Haroon Head of CodeWorks

Get started with Clausematch

Book a 1:1 meeting to understand how we can help you overcome your challenges and achieve your business goals.

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