Compliance Management
Evaluate the effective design and operation of your internal controls, and respond to issues of non-compliance with remediation or waivers.
The Archer Compliance Management solution enables your organization to automate and manage your compliance initiatives, thereby reducing effort and costs associated with demonstrating adherence to corporate policies and the authoritative sources that govern your business. This highly flexible solution provides a centralized, web-enabled environment for assessing the design and operation of your controls and responding to identified gaps with remediation or exception requests. Through Archer, you can author and publish internal control documentation, employ a risk-based scoping process, execute design and operating tests and manage your response to deficiencies. Powered by the Archer SmartSuite Framework, Archer Compliance Management allows you to demonstrate compliance with multiple regulatory requirements, including Sarbanes-Oxley sections 302 and 404, J-SOX, Gramm-Leach-Bliley and others, in an access-controlled environment with real-time status and results dashboards.
Through Archer Compliance Management, you can:
- Document your existing control framework and test plans, mapping them to applicable control standards, regulations and business processes.
- Configure data elements and modify the solution workflow to manage your company’s specific compliance processes with no custom code or additional development.
- Determine which controls need to be tested during a given assessment period through risk-based scoping.
- Manage control testing processes, including control self-assessments, test plan execution, and automated evaluations captured through integration with third-party scanning tools.
- Inform testers of their tasks via rules-driven email notifications and a “My Tasks” list on role-specific home pages.
- Generate deficiencies automatically for non-compliant control activities, map those deficiencies to polices, regulations and risks, and resolve them through remediation or exception requests.
- Utilize Archer’s real-time reporting and dashboard capabilities to form a consolidated picture of compliance efforts and remediation processes.
Features and Benefits
Read the full features and benefits to learn how the Archer Compliance Management solution can help you evaluate the effective design and operation of your internal controls and respond to issues of non-compliance.
