The Tech Stack of Advanced Risk & Compliance Programs | NAVEX Global

Call Us

EnglishEMEA + APAC / EnglishFrançaisDeutschItalianoEspañol
1-866-297-0224

Header Menu

Blog
Careers
Customer Support

0

Your Training Plan

NAVEX Global

Menu

Menu

ProductsExpand
Ethics & Compliance Platform
The NAVEX One platform is an automated ethics and compliance solution that includes a suite of complementary solutions.

Learn More

Lockpath Integrated Risk Platform
NAVEX Global’s Lockpath is a powerful, flexible, integrated GRC platform that enables integrated risk management and is built to scale.

Learn More

Environmental, Social & Governance Solutions
NAVEX ESG helps organizations remove the complexity and confusion of managing multiple sustainability efforts.

Learn More

Ethics & Compliance Management
+− Submenu
Policy & Procedure Management

Code of Conduct

Hotline & Incident Management

COI Disclosure Management

Third Party Risk Monitoring & Screening

Analytics & Benchmarking
+− Submenu
Industry Benchmarking

Dashboard Analytics

Ethics & Compliance Training
+− Submenu
Awareness Solutions

Course Library

Create a Custom Training Plan

Integrated Risk Management
+− Submenu
IT Risk Management

Third Party Risk Management

Privacy, Risk & Compliance Management

Operational Risk Management

Business Continuity Management

Health and Safety Management

Environmental, Social and Governance Management
+− Submenu
ESG Framework Management

Environmental Sustainability Management

Responsible Supply Chain Management

Conflict Minerals Management
SolutionsExpand
Download

Download

Download

Download

By Issue
+− Submenu
Diversity & Inclusion

Business Continuity

Data Privacy

Bribery & Corruption

Harassment & Discrimination

Retaliation

Conflicts of Interest

Cybersecurity

Regulatory Compliance

Organizational Culture

Corporate Fraud

Corporate Social Responsibility

ESG Compliance

ESG Reporting

Managing Third Parties

Compliance & Policy

GRC Management

Health and Safety

IT Risk

Operational Risk

By Role
+− Submenu
Risk & Compliance

Legal & Risk

Human Resources

Board of Directors

Audit

IT

Information Security

Procurement & Supply Chain

Quality Control

By Industry
+− Submenu
Healthcare

Financial Services

Manufacturing

Energy & Utilities

Food and Beverage

Government

Higher Education

Insurance

Life Sciences

Retail

Technology

Transportation & Logistics

By Regulation
+− Submenu
CCPA

FCPA

SOX

GDPR

HIPAA

ISO 27001

NERC CIP

NIST CSF

NYDFS

OSHA

PCI DSS

DOJ Corporate Compliance

EU Whistleblower Directive

UK Modern Slavery Act

UK Bribery Act

Sapin II
PricingExpand
ServicesExpand
Professional Services

Customer Success
+− Submenu
Implementation Services

NAVEX Global Community
ResourcesExpand
Benchmark Reports

Definitive Guides

White Papers

Case Studies

Use Cases

ROI Calculators

Webinars

CPE Credits

Compliance Next

ALL RESOURCES
CompanyExpand
Leadership Team

Partners

In the News

Press Releases

Events

Blog

Protecting Your Data

Customers

Working at NAVEX Global

Job Openings
Get In Touch
US + AMERICAS
1-866-297-0224

EMEA + APAC
+44 (0)20 8939 1650

Locations >

Search
Contact Us

0

Your Training Plan

The Tech Stack of Advanced Risk & Compliance Programs

Automation, centralization, and documentation distinguish Advanced risk and compliance programs from their more reactive peers. Below are four tech components Advanced risk and compliance programs used to increase performance.

4 Technologies of Advanced Risk and Compliance Programs

1. Internal Reporting Technology

Advanced programs are using internal reporting technology to gain visibility into risk areas by consolidating reports from hotline, web-intake, open-door, and all other internal reporting channels. Purpose-built technology allows programs to use rule-based routing to streamline investigations and customize case management to align with local laws and internal cultural mandates.

Learn More About Incident Management Technology

89%	Of Advanced programs use purpose-built incident management technology
	Vs.
61%	Of Reactive programs have paper-based incident management programs

83%	Of Advanced programs use purpose-built risk and compliance training technology
	Vs.
64%	Of Reactive programs have paper-based risk and compliance training programs

2. Risk-Based Training Technology

Advanced programs are using training technology to consistently refresh training courseware to align with local, state, national and global regulatory expectations.
Purpose-built technology allows programs to deliver scenario-based training while optimizing seat time with interactive content elements.

Learn More About Risk-Based Training Technology

3. Policy and Procedure Technology

Advanced programs are using policy management technology to help automate policy creation, editing and reviews with centrally linked master documents. Purpose-built technology allows programs to manage version control, track employee engagement, manage attestation completion, and run ad-hoc reports to assess program effectiveness.

Learn More About Policy Management Technology

77%	Of Advanced programs use purpose-built policy and procedure management technology
	Vs.
68%	Of Reactive programs have paper-based policy and procedure management programs

76%	Of Advanced programs use purpose-built third-party risk management technology
	Vs.
71%	Of Reactive programs have paper-based third-party risk management programs

4. Due Diligence and Third-Party Risk Management Technology

Advanced programs are using third-party risk management technology to align due diligence risk management to recommendations in the FCPA Guidance and other regulatory expectations. Purpose-built technology allows programs to score their organizational profile risk and use it to apply consistent risk-appropriate mitigation efforts to each third-party relationship.

Learn More About Third-Party Risk Management Technology

Ready to Find the Right Tech for Your Program?

Give us 30 minutes to evaluate your program and discuss areas for improvement.

Topics of discussion:

Assess your program’s current tech
Discuss technology gaps
Pinpoint quick wins

Thank you! A NAVEX Global representative will be in touch with you shortly.

LinkedIn Twitter Facebook YouTube

Thank you for subscribing! Please be sure that @navexglobal.com is on your company's safe sender list to ensure our emails reach your inbox!

Sign Up For Our Emails

Select Language & Region

English
English (EMEA)
Deutsch
Italiano
Français
Español

About NAVEX Global

Our Story
Blog
In the News
Press Releases
Events
Careers
Leadership Team

Popular Links

Ethics and Compliance Platform
Integrated Risk Management Platform
Solutions
Resources
Course Library
NAVEX Global Community

© 2021 NAVEX Global, Inc. All Rights Reserved

Terms of Service

Modern Slavery Act Statement
Privacy Statement
Terms of Use
Email Subscriptions
Cookie Preferences
Cookie Statement
English

Search
Products
Solutions
Contact Us