August 21st, 2008

Compliance matters

Posted by Antonio Rosado - No Comments

It seems like governance, compliance, risks and internal controls are becoming essential for organizations. The media sure keeps rubbing that down on our faces. Does the Enron issue rings a bell?

The rules, regulations and contractual obligations are steadily rising, and with it management is growing more and more concerned about their exposure on day to day operational decisions.

WaveWeb just developed a web application for achieving compliance on the enterprise in an agile and cost effective way.

Our application is now on version 3, and was implemented today at Siemens Portugal.

Our client is now able to show regulators and business partners that they’re on top of frequent regulatory and contractual change, almost in real time. No more searching through massive piles of paper for the receipt for that memorable lobster lunch by the sea with a major client from Beijing.

It’s a solution for showing how regulations, policy and agreements are interpreted and implemented into everyday operations. Siemens Portugal is now able to meet trustworthy relationships, control risk, manage liabilities and ensure traceability, accountability and transparency.

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