Align your business with software meeting all compliance requirements
LEGAL software COMPLIANCE
The term compliance describes the ability of a business to act according to an order, a set of rules or a request. Every business needs to abide by the rules of compliance, both internal and external.
Many companies do not understand the serious complications of not meeting compliance requirements, including privacy compliance. Did you know that businesses average a whopping $14,800,000 in costs related to non-compliance? It is time to stop changing the topic when you hear the word ‘compliance’.
Sunvera’s custom compliance solutions
- To identify and prevent legal compliance risks that an organization faces.
- To design and implement controls to protect the organization from those risks.
- To monitor, detect, and report the effectiveness of those risk controls.
- To resolve software compliance issues.
Areas where compliance is vital are: Healthcare (HIPAA) Human Resources, Workplace Safety and Financial Services (GLB, SOX).
Health Insurance Portability and Accountability Act (HIPAA), sets the standard for protecting sensitive patient data in Healthcare industry. Companies that deals with protected health information (PHI) must ensure all required physical, network, and process security measures are in place and followed.
Human resources covers a number of important issues and requires compliance in all those areas. Failure to comply with even a single human resource policy can cause legal trouble. From keeping up with healthcare policy, to preventing harassment in the workplace, there are many compliance issues human resources deals with.
The Occupational Safety and Health Administration (OSHA) is committed to protecting workers from hazards at work. This means your office, retail or manufacturing space must meet all applicable local and federal guidelines for safety. Conducting regular safety checks, like fire drills and inspections is important, as is the training of employees or your workplace will not be compliant.
Financial services regulations are again an important area of any business’s “compliance” list. Failing to pay your withholding, workers comp or quarterly income tax, and failing to comply with the rules in the financial areas will land you in hot water.
So, how to comply correctly?
Sunvera’s custom software solutions can help you comply with all the regulations. We can make sure your company’s data storage and networking infrastructure is strong. We can help prepare you for unannounced compliance audits by making sure your compliance is always up-to-date.
Compliance is multifaceted and complex. Get the right procedures in place to ensure requirements are met. We can help you identify, prevent, monitor, and resolve these issues.