Compliance refers to conduct that conforms to rules, regulations and ethics. Compliance management in the company comprises all measures taken by the company to ensure compliance with laws, guidelines and standards, including voluntary codes. Company-wide monitoring of rules prevents damage caused by white-collar crime and minimizes liability and damage claims. The goal of compliance management in the company is both to uncover and sanction violations already committed and to prevent future violations. Compliance management touches on a wide variety of corporate areas (such as controlling personnel, health, quality, safety and environmental protection).
In this SoftGuide section, you will find an overview of compliance management systems. Compliance management systems can usually be used to define monitoring plans, identify and assess risks, create and document threat analyses, initiate action tracking, and plan employee training and awareness. The software supports companies and managing directors in avoiding compliance violations and minimizes the liability risk, usually covering a wide range of topics in the compliance area (corruption, data protection, price fixing, etc.).