If a control fails, and no-one notices, did something bad really happen? Simply put, you will never know unless you establish some kind of Assurance Framework in your organization.
A properly designed Assurance Framework should both determine where controls are failing or needed, and also determine where controls are redundant and holding back your business from more opportunity. It's not just about catching people not following policy. It's about exposing opportunity as well.
The Regulation Factory can help you set up an Assurance Framework for your organization, which can include building out manager oversight, quality assurance, internal audit and external audit.
Assurance is all about providing honest information, let us help you expose both opportunities for your business to succeed and reduce your risks of non compliance.
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