Achieving Enormous Efficiencies in Policy and Compliance Management
Learn how The First American Corporation centralizes their approach to policy and compliance management with Archer Technologies solutions.
For many years, The First American Corporation used a variety of applications, spreadsheets and documents to manage policy and compliance processes across their five major business segments. While their processes were effective, they lacked efficiency. By implementing Archer Technologies’ Policy and Compliance Management solutions, built on the flexible Archer SmartSuite Framework, First American has gained:
- A central location for managing work, prioritizing activities and sharing information
- The ability to quickly deliver information to management and auditors through real-time dashboards and reports
- Significant reduction in manual processes and duplication of effort
- Solutions that can easily scale to serve their entire organization
- Rapid return on their investment, and a “pain-free” solution implementation that end users adopted within a month with a high level of satisfaction
First American has also benefited from the client care they have received from Archer, whom they describe as “committed to satisfying customers with exceptional products and service.”
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One comment
Jonny Johanssen on March 10, 2009 at 12:33 pm
Compliance initiatives are indeed taking a seat at the forefront of corporations these days. The increasing occurence of ‘mega fines’ has highlighted the heightened need for compliance initiatives and oversight/risk management as desperate times lead to desperate deeds.
Many companies find it difficult to handle their risk, compliance, and governance (GRC) initiatives properly. If these GRC programs are not handled and managed properly then they can often be a complete waste of money. My company uses Process Management software to handle our GRC initiatives. The program allows you to map your processes and associate risks, compliance controls, and governance controls directly to each process activity. The entire program is build around one central repository for everything from company processes to documents and spreadsheets.
I’d suggest taking a look at the attached literature, it is a very useful program - they even have a 100% free bpmn modeler plug-in for microsoft visio.