Is Your Business 100% Compliant?

Feb 19, 2019

 

Compliance risk is a real problem. Many businesses across the UK believe they are compliant in every area of their business, only to discover years later that they’ve missed something. This can easily cost a business its reputation, its staff and ultimately, its future.

The Risk Dashboard gives you a unique overview into every operational aspect of your company, giving you the visibility you need to ensure your business operates in a fair and ethical manner at all times, across all locations. We aim to ensure compliance across all areas of your company by providing you with an easily accessible overview. Our systems are designed to integrate into your existing software, making for a seamless process from start to finish.

When it comes to business compliance you should have two clear goals in mind to ensure the success and longevity of your company.

 

Short term business goals

In the short term, you should aim to uncover any areas that might represent a compliance risk. You should turn over your finance department, examine how your human resources team operates and investigate procurement and your supply chain. You need to delve into your sales and marketing, assess quality control and discuss issues surround your physical and information security.

We understand that this sounds like a momentous task, but this is where you can really utilise the Risk Dashboard and all it has to offer. Once it’s up and running, the Risk Dashboard can prioritise departments that require your attention first. In other words, we can assess the areas of your company that represent the biggest compliance risk, and you can get to those first. We have an extensive library of resources and specialists on hand to support your every step of the way, so this task need not feel overwhelming.

Being able to prioritise tasks and resolve any issues must be your short term business goal. Once you’re confident everything has been taken care of, and that you have a solid and safe foundation, you can begin to consider your long term goals.

 

Long term business goals

We have a key module that aims to evaluate your long term business goals: business continuity. The future of your business will involve strategic planning, clear lines of communication, determination and hard work. It might involve investment, it might involve new services or products or it might involve taking on new partners. It goes without saying that each of these comes with their own set of business risks.

To put it simply, your success is our success. We want to support your company in its growth, knowing that as your company evolves, the risks it may face will change. We can advise how these risks might manifest, and keep you one step ahead. Our goal is to offer a proactive approach to business risk and compliance.

The Risk Dashboard is deploying its risk and audit software across the accounting sector and the UK Chambers of Commerce community, if you would like to know more about why these businesses and organisations are engaging with us, please make contact.

The Accounting sector in particular is busy exploring and developing their own risk management software solutions, we are already ahead of the curve.

 

For more information on how the Risk Dashboard can assist your business please don’t hesitate to get in touch. You can visit our website, or contact Neil Campbell,

Commercial Director on neil.campbell@riskdashboard.co.uk or info@riskdashboard.co.uk

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