Does your workforce adhere business processes? How can you tell if your business is in compliance with statutory laws or codes of practice?
The concept of business process compliance refers to the degree of conformance between the business processes of an organization and the regulations and rules that govern it. We at Reston believe that business process compliance is the relationship between three sets of specifications:
- the specification for the processes and procedures adopted by a business to achieve its goal,
- the specifications corresponding to the regulations relevant for a business and
- the specifications for the business workforce to follow the processes and procedures
Essentially, compliance is aimed at ensuring that business processes, operations and practice are in accordance with a prescribed and agreed set of norms. Compliance requirements may stem from legislation and regulatory bodies (e.g., Sarbanes-Oxley, HIPAA, PCI), standards and codes of practice (e.g., CMMI, ITIL, COBIT, ISO) or even business partner contracts.
Restoni is team of business process analysts has a vast collective experience in helping clients ensure their way of doing business complies with rules that govern their processes.