Compliance Software

The BarnOwl compliance module enables an organisation to document and manage its regulatory universe by identifying and monitoring compliance to the acts, regulations and provisions at every level of the organisation. The compliance module is fully integrated with 3rd party compliance content providers. BarnOwl supports and embeds best practices frameworks such as Generally Accepted Compliance Practice Framework (GACP). BarnOwl facilitates compliance through the automatic generation of compliance risk management plans (CRMPs) and compliance checklists which can be maintained and completed online by the relevant compliance officers and business owners (i.e. continuous compliance self-assessments). BarnOwl enables the group compliance function to conduct independent compliance audits, compliance monitoring, as well as reporting to Exco and the Board. Online action plans are sent out automatically by the system to the relevant owners responsible for addressing non-compliance issues ensuring effective compliance monitoring and remedial action.