Compliance impacts a broad spectrum of people across your organization, and even your vendors. Compliance affects IT, but it also impacts your hardware and software development teams. It has implications for the Sales team—especially how they treat information during the sales process, or handle payment information. HR touches compliance-related data every time they do hiring, […]
The General Data Protection Regulation (GDPR) went into effect on May 25, 2018, and within 24 hours Google and Facebook had both been targeted with non-compliance complaints. There’s a lot of confusion about GDPR—who it applies to, how to become compliant, and what happens afterward—and businesses are scrambling to get their arms around the whole […]
Your compliance auditor has a vested interest in your success—but a successful engagement is a LOT easier when you make it easy on your auditor to sign off on your compliance. Auditors are looking for clients that are willing participants who take compliance seriously. They love working with companies that want to do compliance correctly […]
Compliance management isn’t exactly known for being very Zen. For most companies, it’s chaotic, stressful, confusing and full of frustrating requirements that don’t make sense. That was true for Phoenix Financial Services, too…for a while. But Phoenix Financial breathes easy, now. They’ve found a way to manage compliance requirements without all the craziness. Phoenix Financial […]
As a compliance auditor, it’s not your job to be a buddy to your clients. You’re there to assess them, and your clients have hired you to be assessed. You’re not a consultant, and it’s not on you to provide solutions or show them how to do everything. But you do have a responsibility to […]
Let’s face it. Your compliance management process is a freaking mess. Nothing is organized, you have no idea where half of last year’s compliance evidence is hiding, and there’s a good chance that you gave some original documents to your auditor. The long and the short of it is, you’re pretty much starting from Square […]
If your organization approaches compliance with an annual scramble mindset, you’re asking for trouble. Depending on what standards your organization is subject to, there are elements of compliance that should be done daily, weekly, monthly, quarterly, semi-annually AND annually—and auditors can tell when you haven’t been on top of things. Many companies just don’t care […]
If you’re like most organizations, a compliance audit falls somewhere between a root canal and a visit to the DMV on the list of things you can’t wait to do. Audits can be scary. They interrupt your real work. They take too long. The auditor is out to get you. And so on. While a […]
For many service providers, compliance can be a tangled web of chaos, half-formed questions and unresolved headaches. You’ve got your own audit requirements to manage and you’ve got customer needs to meet. All while deciphering compliance language and auditor-speak. Otava has been there, but they’ve found a way to make compliance audits hassle-free. Otava is […]