Diligent Compliance helps Internal Audit and Compliance teams measure their compliance with standards, frameworks and regulations, identify gaps, and suggests remedial tasks that will help drive continual improvement and business continuity.
There are more compliance updates these days than any one person can possibly read, much less address. In 2019 alone, The Thomson Reuters Regulatory Intelligence unit captured 52,624 alerts from more than 1,000 regulatory bodies.
They used this to push an average of 217 compliance updates per day.
Suffice to say, the challenge Internal Audit and Compliance teams face is massively over matched for the resources they are provided. Never mind that research, investigation, and remediation management all ought to be separate and fully-staffed departments—the cost of compliance itself is rising and with it, the need for automation.
Reduce Manual Processes
Increasing complexity and volume of regulation is overwhelming and the cost of getting it wrong is high. Diligent Compliance gives you real-time insight into how your compliance program stacks up against the obligations relevant to your business, industry and the jurisdictions you operate in. Using this data-driven approach gives you the confidence you’ve got the right programs in place.
Dashboards and reports save you time by reducing dependency on manual methods of pulling business-critical information around compliance and policies. Gaps are easy to identify and address by generating an improvement plan.
Greater consequences for directors and businesses from non-compliance means that adhering to regulations and policies is more important than ever. Many Internal Auditors complain of corrective and preventive actions not being followed up. The audit is done, but people do nothing with it, however Diligent Compliance enables you to turn data into insight and then create plans to turn that insight into results.
At Diligent, we aspire to empower leaders and executives with the technology, insights and processes their organization needs to govern, endure and thrive in the digital age.
Leader in providing organizations with the right technology, insights and analytics to improve governance and stay ahead of the speed of business.
More configurable than any other solution to meet today’s modern governance challenges. Granular permissions and dashboards give different business functions or jurisdictions access to the information they need.
Diligent's products are backed by the world's leading security standards with secure data centers located within your region or country.