Process-Based Compliance Management for a higher Safety

Compliance with legal regulations and the implementation of suitable measures are challenging tasks. But maintaining such a compliance management with e.g. the classic MS Office products, is only possible by accepting high expenses of time and labor as well as high error-proneness. By now, organizations realize that internal controls should be seen as part of daily business processes and that connections between specialized departments and IT have to be taken into consideration. Process-based compliance management facilitates the derivation of audit-related measures and controls and thus ensures audit security, which is required by law for e.g. banks and insurance companies. Therefore, the process-oriented approach is a suitable foundation for implementing the requirements of compliance management.

The process management system provides the instruments for the documentation, implementation, governance and monitoring of the processes - and thus also for the controls. The transparent allocation of risks and controls to business processes enables organizations to understand the internal controls as part of the daily business processes. Features facilitating the process documentation, the risk assessment, the monitoring and the reporting ensure that the entire compliance management can be embedded in the business process management.