Policy management survey conducted across Asia-Pacific reveals alarming results!

Last week we asked you, our Asia-Pacific readers, how your organisation manages policies to ensure compliance with complex legal regulations.

The results revealed an alarming 62% of organisations do not have an effective policy management system and do not track how many employees read and understand their policies.

Of those, almost 50% are organisations employing over 1000 staff leaving them severely exposed to non-compliance risks and hefty fines.

Here are three quick facts your organisation must take into consideration:

  1. Organisations without an effective policy management system will be penalised in the case of an audit.
  2. Policy management consumes time and resources. When it becomes the last priority, compliance and reporting is almost impossible.
  3. All policies should be managed and tracked from one platform to ensure compliance and reporting accuracy.

Check out more results in our infograph below or click here to download a pdf version.

Policy-Management

View a video demo of our policy management system, PolicyHub below.