Some Important Components to Look in a Compliance Management System! Incorporating a compliance management system will not make your business good, but it will deliver a wide range of things which you can use to your businesses advantage. Furthermore, a compliance management software will assist you in creating a supply chain that’s stable and resilient, because you will be able to identify suppliers you can rely on. What this does is help you introduce business processes that will help you as well as your organization to flourish. Highly Safe & Secure Dashboard For External Parties Always remember that your external parties, should have access to appropriate user rights, and should be able to access their data on the dashboard. This enables you to show them scheduled audits, important charts, reports, corrective actions and historical data, and other data they need to know. Effective & Easy-to-Use Online Audit Conduct At the audit time, your auditors must be able to enter their responses easily. This increases the speed of the process, reduces audit, eliminates error, & reporting time. On-time Notifications Make sure you have a solution that allows you to configure your very own Email communications system as this keeps all your stakeholders in the picture and saves you the headache of tracking who should get what and on what time. In all the solution must give a vast range of trigger points which initiate emails. Cost Sharing If you’re incorporating a globally-accessible compliance management system its an arduous task. So consider a fee for participation in your compliance management program, which will offset the cost of setting up and maintenance of your system over a period of time. Support Services Finally when looking for a provider, keep in mind that one of the most important considerations is experience in the compliance field. This helps you know the technical solution you’ll be offered is built on a foundation of practical know-how, and you can be sure that this will be evident in the features of the system. Source: https://www.linkedin.com/pulse/some-important-components-look-compliance-management-system-david