Skyrocketing compliance risks and costs are exposing many businesses to crippling regulatory penalties, reputation damage and lost revenue opportunities. Little wonder many managers view compliance as a millstone about their necks rather than something that adds value. But what if we could turn this negative mindset around? What if we could transform business compliance into a competitive advantage? The first…
In recent years, compliance benchmarking has become very popular in heavily regulated industries such as banking, health and aged-care. But how useful are these schemes, really? The truth is most organisations, particularly those in the service-sector, achieve compliance in totally different ways, so setting benchmarks based on industry-best-practice makes little sense. Furthermore, compliance benchmarking is subject to a number…
Compliance Master is offering Australian residential care facilities a FREE checklist template to help them proactively monitor and correct gaps in their COVID-19 systems and processes when they sign up to its cloud-based compliance assessment and continuous improvement software. The checklist covers the following aspects of a residential care facility’s COVID-19 prevention controls; Screening on Entry Outbreak Management Plan…
Leading aged-care professional Andrea Waring warns that residential aged-care providers must not let down their defences in response to the current low-levels of COVID-19 infection in Australia. Andrea stresses that aged-care residents will continue to remain at the highest end of the COVID-19 risk spectrum until the virus is completely eliminated or brought under control, which is still some…
In today’s highly regulated business environment boards and executives are desperately seeking help from their spiralling compliance risks and costs. Have you got what it takes to come to their rescue in 2021? Have you got what it takes to become a compliance superhero? Superhero Qualities and Traits To become a compliance superhero in 2021 you will need to exhibit…
2020 has been a challenging year. One, many of us would like to forget. Given all the disruption caused by COVID-19 this year, business managers would be forgiven for putting their feet up over this holiday period and taking a well-earned rest. But, as someone famous once said, “life must go on”. It’s back to business-as-normal in 2021 for…
Over the past two decades, enterprises worldwide have experienced significant increases in their regulatory oversight and reporting obligations. At the same time penalties for non-compliance have increased to the point where they can seriously affect an enterprise’s reputation and viability. In 2014 many of the maximum penalties under the Protection of the Environment Operations Act, 1997 (NSW) were increased…
13th October, 2020 – Melbourne-based technology companies Compliance Master and Sentrient have announced a new partnership that provides customers a complete end-to-end compliance solution. Under the new partnership arrangement Compliance Master customers will be able to seamlessly link their compliance assessment results to supporting compliance evidence located on Sentrient’s HR management and on-line training platform, including; Policy documentation Work…
Premier Daniel Andrews believes Victoria’s second wave of COVID-19 outbreaks are linked to a workforce that is becoming more casualised or what he calls “the structural weakness in our economy … insecure work”. So why would the Premier say this and more importantly if its true what can governments and employers do to mitigate this risk going forward? To…
Where did that damn spreadsheet go? When it comes to managing enterprise compliance with government laws, regulations and industry standards spreadsheets are simply not up to the challenge. Here are 10 reasons to ditch those inefficient spreadsheets and invest in a secure, purpose-built compliance management solution. Reason 1. Administration If I had to summarise in one sentence why spreadsheets shouldn’t…
Skyrocketing compliance risks and costs are exposing…
In recent years, compliance benchmarking has become…