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Demonstrable corporate governance with PolicyMatter
Sweeping changes in legislation mean corporate governance is high on the agenda for organisations in both the public and private sector.
Practising corporate governance. Demonstrating corporate governance. Being able to audit corporate governance.
To this end organisations have prioritised their ability to communicate and audit the key policies that define their corporate governance.
Helping achieve corporate governance with PolicyMatter
- demonstrate corporate governance with clear, effective presentation of policies
- make sure staff read, understand and accept your corporate governance policies
- automatic generation of reports and audit trails on corporate governance
- cut down administrative costs with automated policy life-cycle
But getting the systems in place that will let them do this is another matter. Intranets, handbooks and induction courses are clunky, ineffective and resistant to change. And proving corporate governance makes a whole series of demands:
- corporate governance means ensuring staff read and agree to key policies
- corporate governance also means making sure they understand what they’re agreeing to
- demonstrating corporate governance demands detailed reports and clear audit trails on policy acceptance
- corporate governance demands effective change management of key policies across their life-cycle
- corporate governance means integrating the solution with the existing business environment
All of which combine to make corporate governance a potential administrative nightmare for the compliance, HR and other teams tasked with delivering it.
Hence PolicyMatter - unique policy management software designed from the ground up to address the challenges of corporate governance. With new accountabilities occurring across the whole organisation, PolicyMatter presents policies to staff clearly and effectively, tests understanding where appropriate, and automatically generates the kinds of records and audit trails needed to demonstrate corporate governance.
However, using PolicyMatter to demonstrate corporate governance doesn’t mean a major increase in administrative resources. Changes and amendments in corporate governance regulations are easily managed with PolicyMatter, with new policy clauses highlighted and regular policies automatically re-presented after a set period. So practising the rigorous approach needed for corporate governance also benefits customers with additional business efficiencies and reduced costs.
PolicyMatter: effective policy management, demonstrable corporate governance. To find out more, take a look at our software for managing your corporate governance policies.