VComply Editorial Team

Optimizing the Organization’s Compliance Metrics, Dashboards, & Training

Compliance today is a monumental challenge in the context of continuous evolution, vast volumes of data, and change within the organization, regulations, and external risk environments. From nonstop regulatory change to updated processes, the compliance landscape is always changing for each organization making it necessary to develop agile compliance processes to meet the ever-growing list of demanding requirements.
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achieving compliance in non profit

Achieving Effective Compliance Within a Nonprofit Organization

These words will ring true until the end of time, as many believe that the true path to happiness is giving rather than taking. Strangely enough, giving can often be more challenging than taking as being self-serving and self-interested is the easy route to go through life, while attempting to make the world a better place can be more of a struggle than many are willing to face. In our current and modern world of business, an increased emphasis on the culture of an organization is continually highlighted. Both regulatory bodies and the public are increasingly trending towards the demand of corporate ethical practices and principles. This puts a unique and intense pressure on compliance professionals in nonprofit organizations world-wide as they must take responsibility to build controls and procedures that establish an authentically ethical organization that acts with integrity.
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Why Non-Profit Organizations Need Agility in their Compliance Program

In today’s modern world, it is becoming increasingly necessary for even non-profit organizations to stay on top of constant change and the ever-growing list of demanding regulations. Our current modern environment has grown into an increasingly complex and interconnected web of third-party relationships, distributed operations, global supply chains, compliance requirements etc. This puts a unique and intense pressure on compliance professionals within non-profit organizations world-wide as they must take responsibility to build controls and procedures that establish an authentically ethical organization that acts with integrity in such a dynamic environment. As non-profit organizations are exempt from federal and state taxes and have unique access to certain types of public funding, they consequently hold themselves accountable to the highest standards of ethical and compliance practices.
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