Our process tool Okuda is often used for managing complex compliance processes. We hear so much about compliance these days but what actually is it & why is it important? Compliance refers to the act of conforming to & following a set of rules, regulations, standards, or guidelines established by a governing body or authority. […]
We’ve been rather busy over the last 12 months helping to develop, deploy and support a new digital platform called Cerberus for our client Insight-Regulatory! Cerberus is designed to help financial services companies manage the stringent governance requirements, senior management responsibilities and complex reporting processes associated with SMCR regulations – which for financial services companies, who manage thousands of financial
Ever wondered what it’s like to run a genomics lab? There are a lot of complex procedures and processes to follow when carrying out hundreds of daily tests and experiments to ensure sampling is done correctly and that data gathered is accurate. The stakes are high for lab managers! Get it wrong even once and it
How often do you really look at a food label? Have a rummage in your kitchen cupboard, find a packet or tin and take a good long look. They’re actually pretty complex things. There’s an awful lot of quite detailed information conveyed on them and it’s laid out in a very precise way. That’s because
Regulatory fines are financial penalties imposed by government agencies on businesses and individuals for violating regulations. The amount of a fine can vary depending on the severity of the violation, the size of the business, and other factors. There are many different types of regulatory fines, but some of the most common include: Some fines
In today’s business environment, compliance is moreimportant than ever before. With a seemingly endless number of regulations tokeep track of, it’s easy for businesses to fall behind. And when they do, theconsequences can be severe. The costs of non-compliance can be both financial andnon-financial. Financial costs can include fines, penalties, and legal fees.Non-financial costs can
Scared of receiving fines and damage to your brand through non-compliance? See how Malycan protect businesses like yours from danger… We provide tailored compliance software, helpingcompanies keep up with the growing complexity of regulation We specialise in designing and streamlining processesthat keep you compliant, helping you to avoid fines and keep your reputationintact Pharmaceuticals giant AbbVie
ProblemAn organisation working towards gaining ISO 9001 Quality Management System certification was experiencing significant challenges. They needed to establish processes to follow within the business, but also needed to track compliance with these processes and manage non-conformances effectively. They also needed the scope to integrate the HR needs of the company and asked for a
ProblemThe labelling and artworks department of this major multinational pharmaceutical company was having challenges in streamlining the process workflow. Projects were incorrectly prioritised, bottlenecks were created by other teams and operational output was below requirement. SolutionAs the system involved interaction with many regulators for multiple projects it was critical that our analysis and solution were
No matter what your business provides, every company has a set of regulations that they must comply to, something that amongst the bustle of a heavy workload, can get lost. Resulting in a non-compliance, without the knowledge that it is occurring. What we want to outline for you today is 5 of the main compliance
