OCEAN, N.J., April 26, 2011 /PRNewswire/ -- Compliance automation tools developer RISC Associates announces the release of Enterprise Program Manager™ (EPM), a dashboard-driven Compliance and Program Management tool that transcends departmental silos and provides visibility into all assessments, audits, reviews and tests throughout the enterprise so that you know whether you're on target to meet regulatory, corporate and departmental goals. EPM is the equivalent of a compliance, risk and audit Swiss Army knife and is the first common-sense, affordable program management solution of its kind.
"Most companies manage their programs in departmental silos. They rely upon multiple spreadsheets or the monthly meeting or email to get up to speed on what's going on throughout the enterprise. They have Federal and State exams, external and internal audits, and a variety of assessments, reviews and tests to conduct and keep track of and they also need to manage remediation items. Now with one mouse click, EPM allows you to see whether you're meeting regulatory, corporate and departmental goals. Now you can stop guessing and start managing!" noted Mick Kless, president of RISC Associates. "Everyone wants and needs an actionable solution, one that allows them to conduct and manage their audits, assessments, reviews and tests, identify risks, manage remediation, comply with regulations and easily report on it all," continued Kless. "This is not another risk assessment tool or one of those auditor's helpers. This is true enterprise-wide program management."
"There are a number of powerful features in EPM including the ability to test once and use many," stated David Schneier CISA, Managing Director of Product Development. "Being able to conduct a test once and utilize the same evidence, observations, finding, recommendations and results many times within other audits and assessments is a huge time and money saver. We've solved several legacy compliance challenges because you no longer need multiple regulation-specific tools (e.g. SOX, PCI, etc.) since EPM accommodates, quite literally, all known requirements. I've been working on audit and compliance projects since 1991 and EPM would have had a dramatic impact on every one of them from SEC to SOX to GLBA to HIPAA to QMSSA to ROHS and everything in between. EPM instantly pays for itself. "
Enterprise Program Manager™ comes with a wide variety of pre-populated and fully editable audits, assessments, reviews and tests for Banking, Insurance, Health Care, Pharmaceutical, Utilities, Energy and Manufacturing. Charts, pre-formatted reports and Ad Hoc reporting are also included and existing programs can easily be imported into EPM.
About RISC Associates
RISC Associates is a regulatory compliance consultancy that develops compliance automation tools including the industry-leading Vendor Compliance Manager™ vendor management program. RISC also provides a variety of professional services to help its clients meet regulatory requirements.
SOURCE RISC Associates