Many organizations operate in a highly regulated environment that is subject to ever-changing regulations and statutes. This requires internal policy review, realignment, editing, publication and distribution of policy and procedure documentation to affected employees across the organization. Recognizing applicable regulatory changes, and identifying relevant policies and procedures that require edits, is a continuous challenge. Further, documentation on policy and procedure authors, editors, approvers, and readers can be difficult. Records are often incomplete or inaccurate.
PolicyTech® identifies individual documents by multiple criteria including policy category, regulatory standard, internal owner and other custom criteria. This allows for effective document search and retrieval, version control, policy alignment, and compliance validation. PolicyTech is designed to be a central repository for policy and procedure documentation. It provides a single source of truth for approved documents, version histories, and change summaries as well as easy accessibility for both internal and external auditors.