About the organization
The organization lacked a mechanism for holding individuals accountable for completing compliance responsibilities on time. During surprise audits or inspections, accessing requested reports or documents was a challenge because each department maintained different file locations and naming conventions for their documents. There was no single source of truth for compliance data, and versioning the Excel spreadsheets was a nightmare.
VComply now helps the company to quickly identify, manage, and remediate all compliance issues. The compliance and executive boards can access compliance data and audit reports virtually using a single repository, as opposed to a network of various network folders maintained by multiple departments. This helps the company improve compliance and operational efficiency and build credibility with regulators.