Overview
The Lighthouse Non-Compliance Module offers a comprehensive and efficient end-to-end solution for managing non-compliance across all sectors. It features a detailed register for capturing all relevant information on non-compliance obligations, tools for recording non-compliance incidents as they are identified, and built-in assurance mechanisms. With real-time access to non-compliance data, Lighthouse provides a scalable solution tailored to the size and complexity of your organisation.
Features include:
- An unlimited number of non-compliance frameworks and requirements can be uploaded, held and managed in Lighthouse
- Requirements can be date-bound to efficiently manage updates and changes
- Assign risk level, controls, business owners, review cycles and other important information down to the requirement level
- Simple and intuitive process for staff and business owners to record non-compliance
- Easy-to-use assurance tools
- Visibility across the entire non-compliance lifecycle for business owners of particular non-compliance obligations
- Real time and/or scheduled reports – tailored to the individual needs of recipients
- Legislative monitoring available – never miss a change
Background
Against a backdrop of ongoing corporate failures, record fines issued by the regulators, frequent public inquiries, and low levels of public trust, the need for organisations to effectively manage their non-compliance obligations has never been greater. The interest of stakeholders in organisations’ compliance is on the rise.
At its core, the principles for managing compliance are simple. An organisation must understand its non-compliance obligations, understand the risk profile of those obligations in the context of their organisation, ensure there are effective controls in place to provide compliant outcomes, monitor their non-compliance performance in real time, and respond as required to maintain non-compliance.
For more information on non-compliances, feel free to contact us at helpdesk@lighthousegrc.software