Governance, Risk and Compliance (GRC)
Compliance activities can be expensive. Of course, non-compliance with laws, regulations, standards, and internal policies can severely impact an organization’s finances and reputation in the marketplace. However, reducing “assessment fatigue,” costs, and distraction from customer facing activities are also key elements in accomplishing compliance. LogicERM streamlines compliance processes and automates the management of compliance activities. But unlike conventional compliance applications, we take you beyond compliance with only issues already known and defined. LogicERM provides a view across the entire enterprise, through which you can identify gaps, remediate issues, demonstrate evidence of compliance, and reduce costs. LogicERM also provides tools to monitor key regulations and other requirements; manage compliance documentation, projects and activities; conduct audits and assessments; and collect and manage issues and incidents.
In addition to traditional Legal and Regulatory Content Management capabilities, LogicERM enables you to:
- Anticipate law changes, enforcement actions, and external events
- Improve readiness for audits, surveys and exams.
- Increase accountability and management insight into compliance issues.
- Decrease labor intensive processes and documentation.
- Enforce standards and consistency throughout your organization.
LogicERM takes you beyond compliance with what is known to reveal the unknown issues that can put your enterprise at risk, and then give you the information you need to eliminate or contain these newly discovered risks to achieve compliance.
Related Regulations & StandardsCross-industry
Australia/New Zealand 4360:2004 Risk Management Standard (AS/NZ 4360)
Control Objectives for Information and related Technology (COBIT)
COSO ERM
Information Security ISO 27002 (ISO 17799)
Sarbanes-Oxley Act - (SOX)
The USA PATRIOT Act (PATRIOT Act)
Energy
Critical Infrastructure Planning (CIP)
Federal Energy Regulatory Commission (FERC)
North American Electric Reliability Corporation (NERC)
Western Electricity Coordinating Council (WECC)
Health Care
Health Insurance Portability and Accountability Act (HIPAA)
The Joint Commission (JCAHO)
Insurance
Employee Retirement Income Security Act (ERISA)
Medicaid and Medicare Compliance
NAIC Model Audit Rule
State Regulatory Compliance
Banking
AML - Anti Money Laundering
Bank Secrecy Act (BSA)
Gramm-Leach-Bliley Act (GLBA)
Payment Card Industry (PCI) Data Security
Manufacturing
Environmental Management Systems (ISO 14001)
Food Safety
Quality Management Systems (ISO 9001)
Six Sigma