Traditionally an organisation's compliance team works in isolation to its' risk experts - organisations strive to manage their compliance with existing rules rather than looking at the impact of impending risks.
Regulatory compliance is often reactive. Following existing rules is not enough; it is critical to understand the impact of potential regulations.
While recognising the different functions and benefits risk and compliance management bring to every organisation it is important to note the value of integrating the two disciplines on the same system. InterTextual has developed a web-based management system that does that - ExtraTextual.
With ExtraTextual, risk can be managed as well as compliance - no need for a separate technology system. ExtraTextual provides a complete suite of tools to assess and support better decision making and enables greater insight into risks and their impact.
ExtraTextual enables you to manage risk by providing a comprehensive Risk Register facility. This function allows your risk experts to effectively track and manage this critical business activity.
ExtraTextual empowers risk experts with knowledge of possible outcomes and therefore the ability to make decisions that control their impact.
For more information about ExtraTextual click here.
EXTRATEXTUAL THE eCOMPLIANCE SOLUTION
ExtraTextual is an automated system which tracks, references, records events, and prompts user actions throughout the compliance process.
Click here to view an online demonstration of how ExtraTextual works.
Click here to read more about ExtraTextuals' key features.