Policy Management
Download this datasheet to understand how STREAM can help you create a centralized repository of all policies, linking…
Download this datasheet to understand how STREAM can help you create a centralized repository of all policies, linking them appropriately, and streamline access, tracking and reporting.
Effective policy management avoids penalties and protects your business by proving your organization is policy-compliant.
A good policy management program reduces business risk by providing clarity regarding expected behaviors. Such a program aligns with a business’s goals and appetite for risk, demonstrating compliance while accommodating justifiable policy exceptions.
Datasheet
Policy and exception management helps organizations avoid litigation, fines and reputational damage by proving that you are policy-compliant. It’s no small task to document the lifecycle of all corporate policies and link them to key business areas, assets, controls and risks. STREAM can help you create a centralized repository of all policies, linking them appropriately, and streamline access, tracking and reporting. Exceptions can also be documented, reviewed and approved through this repository.
Here are some of the steps involved in policy management using STREAM.
STREAM helps you create a centralized repository of policies across their lifecycles, including creation, approval, attestation and maintenance.
Use a workflow to raise, track and approve policy exception requests.
Stay aware of policy changes to enable a quick response to policy questions or disputes.
Review the impact of policies in real business situations to improve and optimize individual policies.
Employ attestation tracking to demonstrate compliance and reduce liability.
Identify ownership of policies to provide accountability, including tracking across the policy lifecycle, actions and notifications.