Enhancing compliance effectiveness with expertise, technology and tools
Plainsboro NJ and Alpharetta GA – 31 January 2012 – SAI Global Limited (ASX: SAI), the world's leading partner to global organizations in Code of Conduct, compliance and ethics training, GRC solutions, and environmental, health & safety (EH&S) software, today announced that it has completed its acquisition of Compliance 360, an industry-leading software provider of enterprise governance, risk management, compliance and audit management (GRC) solutions.
Compliance and risk management are driven by both regulatory and compliance rules and an organization’s mission, values and business objectives. Businesses must adhere to government regulations such as the FCPA, Dodd-Frank Act, UK Bribery Act, Export Control laws; industry standards; and internal Code of Conduct, policies and procedures. Global organizations not only require business partners who can provide the practical guidance needed to ensure an effective program but they also depend on a pragmatic, cost-effective way to manage regulatory content, workflow, and communications with staff and third parties.
“Compliance programs maximize their effectiveness when they manage the key GRC elements of compliance and ethics training, policies, procedures, gifts and entertainment, regulatory change, assessments, surveys, audit management and third party due diligence in a single platform that allows for local control, effective workflow and central oversight,” said Andy Wyszkowski, Global Head of Compliance at SAI Global. He added, “Compliance 360 applications not only ensure compliance effectiveness but do so with the highest levels of customer satisfaction. We look forward to continuing to partner with and deliver world-class products, services and technology to organizations around the world.”
SAI Global will continue to support its learning clients from its offices in Plainsboro NJ, Waltham MA and regional offices worldwide. Steve McGraw, Compliance 360 President, will report directly to Andy Wyszkowski and manage the GRC Solutions business from Alpharetta, GA.
About SAI Global
SAI Global provides organizations with a wide range of governance, risk and compliance (GRC) products, solutions and services that help build organizational integrity and meet overall business objectives. With more than twenty-five years experience and offices in more than 25 countries, SAI Global’s solutions include a wide range of GRC products and services including risk and culture assessments, a full range of advisory services, best practice Code of Conduct program development and review, whistleblowing hotline services, compliance and ethics training and awareness, regulatory knowledge, policy management, case management, third party compliance management including automated due diligence workflow and management, and GRC software to enhance the power and value of a compliance risk management business process.
About Compliance 360
The original Governance, Risk and Compliance (GRC) software company born in the cloud, Compliance 360 brings order and efficiency to the complexity of enterprise governance, risk management, compliance and audit management. The Compliance 360 family of GRC software applications includes regulatory compliance software, policy management software, internal audit software, incident management software, ERM software and a wide variety of specialty applications. More than 250,000 professionals every day in financial services, insurance, healthcare, distribution and other regulated industries rely on Compliance 360 to protect their reputations and brands.
Tia Smallwood, Sr Vice President Global Marketing, SAI Global Compliance, email@example.com, phone (609) 955-5135.